By: Kolex
Backdroid
Rihanna
Rihanna on Forbes
Rihanna is among the stars to have joined the Forbes billionaires list for the first time in 2022 thanks to her Fenty Beauty make-up line.
Rihanna is valued by Forbes at $1.7billion (£1.4billion) thanks to the success of her cosmetic brand Fenty Beauty.
The company, which she co-owns with French luxury retailer LVMH, generated more than $550million (£420million) in revenue in 2020, Forbes said.
The singer also owns a 30% stake in the Savage x Fenty lingerie line, which raised money at a $1billion (£765million) valuation in February 2021.
The 36-year-old, who is currently expecting her first child with rapper ASAP Rocky, is Barbados’ first billionaire.