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Rihanna is a billionaire now

Regional 17 Aug, 2021 Follow News

Rihanna earns more from Fenty than singing

Barbadian superstar Rihanna last week became one of the richest entertainers ever as she officially became a billionaire.

When Rihanna released her single ‘Better Have My Money’ in 2015, she might have been referring to royalties from No.1 hits like ‘We Found Love’ or ‘Diamonds’.

But it’s the income she makes from her Fenty Beauty cosmetics company that was largely responsible for her huge wealth.

London-based Rihanna, 33, launched Fenty Beauty in 2017 in a partnership with luxury goods company LVMH (Moët Hennessy Louis Vuitton).

Rihanna said when launching the aim of Fenty is to appeal to “every type of woman” with “all skin tones”.

She added: “In every product I was like: ‘There needs to be something for a dark-skinned girl; there needs to be something for a really pale girl; there needs to be something in-between’.” That mass marketing appeal and her ability to create numerous hit songs has brought her all that fabulous wealth.

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