Join our Waitlist for Expert Advice!

Billionaire Rihanna Welcomes a Baby Boy Forbes reported that her net worth has shot above $1.7 billion, making her the 'richest female musician' in the world.

By Emily Rella

Opinions expressed by Entrepreneur contributors are their own.

Dimitrios Kambouris | Getty Images

On May 19, billionaire Rihanna gave birth to a baby boy with her boyfriend, rapper A$AP Rocky in Los Angeles, California, per initial reporting from TMZ.

The singer-songwriter first share with the world news of her pregnancy through a photoshoot where she debuted her budding baby bump in January 2022.She made her last public appearance on May 9 on Mother's Day, where the couple strolled around Los Angeles on the way to dinner, Rihanna rocking a bare belly and body jewels.There has been no name announced yet for the baby boy.The superstar singer and businesswoman (whose real name is Robyn Fenty) was inducted into the billionaire's club in August 2021, per Forbes, making her the richest female musician in the world.

The outlet reported that her net worth has shot above $1.7 billion, making her the "richest female musician" in the world.

Related: 3 Secrets To Rihanna's Business Success That Eclipsed Victoria's Secret And L'Oréal By Creating Relevant Brands For Today's Woman

The 33-year-old, who has had much commercial success over the course of her music career with endless collaborations and eight studio albums, is also the CEO and founder of cosmetics company Fenty Beauty, which launched in 2017.

Rihanna owns 50% of Fenty Beauty, with the other half being owned by luxury goods conglomerate LVMH. Bernard Arnault, who runs LVMH, infamously dethroned Jeff Bezos as the richest person in the world earlier this week.

Forbes estimates that a whopping $1.4 billion of her earnings come from the beauty brand, followed by her lingerie company, Savage x Fenty, which is worth a reported $270 million.

"She is creating a brand outside of herself. It's not just about Rihanna," Shannon Coyne, cofounder of consumer products consultancy Bluestock Advisors told Forbes. "Even if you don't like her music, she's created a real style in the fashion and beauty space."

Rihanna currently has around 129 million Instagram followers and 106.5 million followers on Twitter.

Related: 5 Lessons You Can Learn From Some of the World's Best Businesswomen

Emily Rella

Senior News Writer

Emily Rella is a Senior News Writer at Entrepreneur.com. Previously, she was an editor at Verizon Media. Her coverage spans features, business, lifestyle, tech, entertainment, and lifestyle. She is a 2015 graduate of Boston College and a Ridgefield, CT native. Find her on Twitter at @EmilyKRella.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Starting a Business

She Started a Business With $300 After Getting Laid Off. It Made $300,000 in Year 1 and Became a Multimillion-Dollar Company.

Bobbie Racette wanted to revamp the virtual assistance space — and provide job opportunities for underrepresented communities at the same time.

Business News

Can Anyone Beat Microsoft at AI? The CEO of Salesforce Thinks His Company Can.

Salesforce CEO Marc Benioff calls Copilot "the new Microsoft Clippy."

Starting a Business

How to Find the Right Programmers: A Brief Guideline for Startup Founders

For startup founders under a plethora of challenges like timing, investors and changing market demand, it is extremely hard to hire programmers who can deliver.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Franchise

McDonald's Launched a Happy Meal for the 30th Anniversary of a Classic '90s Sitcom — But There's a Catch

The promotion is only available in one country, so fans elsewhere are turning to resale platforms like eBay to buy the collectible toys.

Business News

'Not Yet Fully Autonomous': Tesla's Optimus Robots Stole the Show — But Were They Actually Controlled By Humans?

Musk said the $20,000 to $30,000 robot could perform household tasks like mowing lawns and putting away groceries.