Rihanna is now a billionaire.
Lia Toby / BFC via Getty Images fileGood girl gone billionaire? Barbadian singer Rihanna just joined an exclusive group of celebrities as the newest billionaire and the world’s wealthiest female musician, Forbes reported on Wednesday.
But while Rihanna may be known for hits such as “Umbrella” and “Diamonds,” her fortune is largely the result of the beauty and fashion companies she founded. Forbes estimated that Rihanna owns about 30 percent of Savage x Fenty and about 50 percent of Fenty Beauty, which aims to provide consumers with a more inclusive beauty company that offers a wide range of skin types and colors.
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