Rihanna has been named the richest female musician in the world. The 31-year-old Rihanna — whose real name is Robyn Rihanna Fenty — is worth approximately $600 million, according to Forbes — overtaking Madonna by $30 million, Dion by $150 million and Beyoncé by $200 million.

While Rihanna is best known for her music, is not the only source of her wealth. According to Forbes, the majority of her income comes from her partnership with LVMH, the French luxury goods company that owns the likes of Christian Dior, Givenchy and Louis Vuitton. Last month, Rihanna launched her fashion label Fenty at a pop-up boutique in Paris, becoming the first black woman to create an original brand with LVMH.

Fenty is just the latest of Rihanna’s business ventures, joining her lingerie label Savage X Fenty, which she launched last year, and her cosmetics brand, Fenty Beauty, set up in 2017. The cosmetics firm generated an estimated $570 million in revenue in its first 15 months, according to Forbes.

Rihanna named world’s richest female musician by Forbes

Via www.foxbusiness.com

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