Better have my money: Forbes reported this week that that the singer, pictured here in 2019, is worth a whopping $1.7 billion

‘God is good’: Rihanna, at a FENTY upcoming collection release event in 2019, praised God when asked about how it felt to be a self-made billionaire

The singer and businesswoman is worth a whopping $1.7 billion, Forbes said Wednesday, making her one of the richest woman musicians on the planet.

The R&B songstress parlayed success in the singles charts into a huge make-up and fashion empire, with earnings that now dwarf those of other music megastars like Madonna and Beyonce.

The Grammy Award winner, Robyn Rihanna Fenty, exploded onto the scene in 2005, and logged global hits like “We Found Love” and “Umbrella”, a collaboration with Jay-Z.

A savvy businesswoman: While the singer, pictured here at the Ocean’s 8 premiere in New York, has earned some money from performing, a majority of her dough comes from her business dealings such as her cosmetics company Fenty Beauty

But while downloads and tour tickets have contributed to her wealth, it is her business know-how that has rocketed her into the ranks of the uber-wealthy.

Forbes, which regularly compiles lists of the world’s richest people, said Wednesday it estimated around $1.4 billion of her nest egg comes from the value of cosmetics company Fenty Beauty, a partnership with French fashion giant LVMH.

Fenty Beauty, which launched in 2017 with the goal of promoting inclusivity, produces make-up to match dozens of different skin tones.

Beauty is lucrative: Forbes estimated around $1.4 billion of her nest egg comes from the value of cosmetics company Fenty Beauty, a partnership with French fashion giant LVMH

Rihanna’s lingerie company, Savage x Fenty, also contributes to her net worth, Forbes said, pegging the company at $270 million.

Although she has not produced an album since 2016, Rihanna still holds sway over legions of fans, with more than 100 million followers on Instagram and Twitter.

The singer also regularly donates her money to charitable causes. When the COVID-19 pandemic first started shutting down the world, Rihanna offered millions of dollars to help people affected by the disease including $700,000 worth of ventilators to Barbados and more than $2 million for support and resources of people experiencing domestic violence during lockdown.

Source:https://www.dailymail.co.uk