Rihanna is a Billionaire

[penelopetaynt]

Rihanna is now worth $1.7 billion, Forbes estimates-making her the wealthiest female musician in the world and second only to Oprah Winfrey as the richest female entertainer.

The bulk of her fortune (an estimated $1.4 billion) comes from the value of Fenty Beauty, of which Forbes can now confirm she owns 50

Comments

[penelopetaynt]

LVMH

[zeriyx]

most brands that are sold exclusively in sephora are under the umbrella of something called Kendo. LVMH owns kendo. kat von d's brand was another similar thing.

[zibbydoo324]

you aren't bringing up her anti-asian past?

[mathkills]

Considering how much better her makeup line is than Kylie's, I'm surprised she got there so much later (though tbf she doesn't have a reality show).

[penelopetaynt]

Same! It’s probably because she only owns 50% of the company.

[iznanassi]

i would guess it's because she did the opposite of kylie? started out with a full line and then improved and expanded, kylie started with a niche then only started expanding slowly.

iirc kylie's number was also inflated somehow.

[megalixer]

they fluffed kylie's valuation a LOT

I believe this valuation for fenty tho, or at the very least I believe it's a lot closer. I always see kylie's stuff at TJ maxx these days lol

[iznanassi]

makes sense why all these irrelevants are rushing into beauty as well

[penelopetaynt]

[insert Halsey’s failed attempt here]

[iznanassi]

aw i actually like aboutface a little, she's doing what gags should've done. arthoe stuff. i just wish she'd expand to ship worldwide, doesn't make sense to not be doing that in this day and age.

[penelopetaynt]

tbh I haven't checked anything out... where is it even sold? I got turned off with her brand cause she did a collab with a youtuber and it totally sounded like it was just a cash grab for her.

[megalixer]

lol she's never releasing music ever again and tbh I don't blame her

idk, I love the directions that fenty pushed the beauty industry in but their products that I've tried have never worked well for me - the formulas all seem to get cakey and flakey on my skin.

[fernandocolunga]

fuuuuck that's a lot of money
esp given the whole shitty financial situation she was in before, what a rebound