By | October 4, 2020

Rihanna’s reign won’t let up any time soon. She is the richest female musician in the world, according to Forbes. Her $600 million fortune makes her richer than Beyoncé, Madonna, and Celine Dion.

Music doesn’t make up the majority of Rihanna’s wealth. Instead, the “Work” singer made her the bulk money from her partnership with LVMH.

Fenty Beauty was their first collaboration and it is a bonaf!de h-it. The cosmetics brand, which launched in September 2017, reportedly made $100 million within its first few weeks of operation. Fenty Beauty kept the momentum going and made about $570 million in 2018.

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get into this bra tho…like I’m usually humble but not about lingerie 🤷🏿‍♀️💜 @savagexfenty

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“It challenged the standard convention that you only needed a very defined set of shades to satisfy a market,” said research analyst Stephanie Wissink. “Not only did [Fenty Beauty] achieve meaningful sales, but it potentially changed the industry permanently.”

Rihanna and LVMH launched Fenty, her luxury fashion house, in May, making her the first Bl-ack woman to launch an original fashion house with the brand. Wissink believes it will be prof!table like its predecessor.

“I didn’t have these dreams when I was little. I had a dream of making music; that’s it,” she told T Magazine in May. “I didn’t even think about the fame part, and then that happened, and it’s like, “Do I really like this? How much do I really love music that I’m dealing with this?” Then the one-hit-wonder comment came straight out of the gate and that put a f!re under my a*s, and I just never stopped working. Every time it was about challenging myself: I have to do better, I have to do better.”

 

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