Billionaire Rihanna Welcomes a Baby Boy Forbes reported that her net worth has shot above $1.7 billion, making her the 'richest female musician' in the world.
By Emily Rella
Opinions expressed by Entrepreneur contributors are their own.
On May 19, billionaire Rihanna gave birth to a baby boy with her boyfriend, rapper A$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.
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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.
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