At the age of 31, she is a singer, actress, beauty mogul, and more recently a fashion designer, Rihanna can now say she's officially the highest paid woman in the music industry.
On Forbes' annual list of America's richest women in 2019, Rihanna topped the list as the highest paid woman in the music industry, estimating a fortune of $ 600 million (or about $ 2.4 billion).
The magazine said that much of Rihanna's wealth was gained through her lucrative partnership with LVMH , with whom she launched her Fenty Beauty cosmetics line in 2017. Since the inception of Fenty Beauty, the magazine reported that the cosmetics line Rihanna $ 570 million in only 15 months of business.
Along with Fenty Beauty, Rihanna expanded her clothing expertise by creating her Savage x Fenty lingerie brand with Tech Style Fashion Group and starting her recent foray into high-quality clothing with Fenty alongside LVMH .
"They've extended the offer to me and it was an obvious choice, because LVMH is a machine," Rihanna said of her clothing line for the magazine
The New York Times Styl. "Bernard Arnault was so enthusiastic, he trusted me and my vision.
The clothing line, launched on May 22, should expand its wealth. The novelty puts Rihanna ahead of many of her peers within the music industry. Madonna was in second place after Rihanna, which was valued at $ 2 billion, while Celine Dion ($ 1.7 billion), Beyoncé ($ 1.6 billion) and Taylor Swift ($ 1.4 billion) complete the five richest women in music.