[ad_1]
With a fortune of $ 600 million, Rihanna certainly knows what it means to "work, work, work, work, work," as suggested by the lyrics of her hit song of 2016.
The 31-year-old singer is not only one of America's richest self-made women, according to the Forbes list released Tuesday, but is also the richest musician in the world, according to the newspaper.
The entrepreneur born in Barbados is even richer than Beyoncé, who has $ 400 million.
Rihanna's line of cosmetics, Fenty Beauty, helped her a lot in building her fortune. She started the brand in September 2017 at Sephora and, last year, the company achieved an estimated $ 570 million in sales, Forbes said.
The singer "Work" Rihanna has been named the 37th richest independent woman in America and the richest musician in the world by Forbes on Tuesday. (Photo of Jackson Lee / GC Images)
Depending on the point of sale, Fenty's success was partly due to social media. The cosmetics line is also distinguished from others because of its many foundation options. While most cosmetic brands have some shades of foundation, Fenty offers 40 shades.
The company, which Forbes estimates is valued at $ 3 billion, also belongs in part to LVMH, the French conglomerate of luxury goods. The partnership between the singer "Diamonds" and LVMH has also resulted in a Paris-based fashion line called Fenty, which was announced in May.
According to New York Times Style Section"Rihanna will be the first woman to create an original brand at LVMH, the first woman of color at the top of a LVMH home, and her line will be the first new home created by the group since Christian Lacroix in 1987."
The singer of "Umbrella" also owns the lingerie line Savage x Fenty, as well as the group TechStyle Fashion based in Los Angeles.
MORE FOXBUSINESS.COM …
Forbes also highlighted how Rihanna overcame the difficulties to get where she is today, including on the self-produced list. The point of sale cited his abusive father and the assault of his boyfriend of the time, Chris Brown, in 2009.
CLICK HERE TO GET THE FOX BUSINESS APP
Overall, the singer "Stay" is numbered 37 on the self-produced women's list, including Oprah Winfrey, Serena Williams and Kylie Jenner.
The list of 80 successful self-determined women aged 21 to 92 is $ 81.3 billion. Of the 80 selected women, 25 are billionaires.
Katherine Lam of Fox Business and Jessica Napoli of Fox News contributed to this report.
[ad_2]
Source link