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The Billionaire's Club Has A New Member: Rihanna

Rihanna, seen on the set of a music video in the Bronx on July 11, is estimated to have a fortune of $1.7 billion.
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Rihanna, seen on the set of a music video in the Bronx on July 11, is estimated to have a fortune of $1.7 billion.

Rihanna told us all along she was calling the shots. Out there, collecting money from all manner of ... people.

Now it turns out the singer, actress and cosmetics and lingerie mogul is a billionaire.

Not only that, she's become "the wealthiest female musician in the world and second to Oprah as the richest female entertainer," according to Forbes.

The publication, which has been crunching the numbers behind the Barbadian star's empire, estimates her net worth at a whopping $1.7 billion.

Surprisingly, the vast majority of it has nothing to do with her record-breaking hits. In fact, most of it — approximately $1.4 billion — has been accumulated one lipstick, mascara tube and blush brush at a time. She's raked in oodles of cash from her Fenty Beauty makeup line launched in 2017 in a 50-50 partnership with luxury brand LVMH.

The brand bucked traditional cosmetic industry standards when it was first unveiled and drew praise for the daring step of including 40 shades of foundation that would provide coverage from deep skin tones to albino skin, and anyone in between. The strategy sparked a movement to be more inclusive within the industry.

Forbes says the rest of Rihanna's fortune stems from her stake in Savage x Fenty, her lingerie company. That is estimated at $270 million. There's also Fenty Skin, which debuted last year, and, of course, the revenue that comes from her steady stream of global hits as well as her acting career.

Bad Girl Riri fans have been delighting in the news of her mega-wealth, including some of her musical peers.

Nikki Minaj congratulated her with what could be a rap lyric: "a BILLI-ON here, a BILLI-ON there- Little Bajan bih w/ green [eyes] - dat bag is a different size," Minaj wrote in an Instagram post.

It's been more than five years since Rihanna, whose full name is Robyn Rihanna Fenty, released an album. And it seems no one, not even her record label, knows when R9, her rumored and long-awaited reggae album will drop.

For now, fans will have to make due with a new line of products. Last week, Rihanna told her Twitter followers to prepare for Fenty Parfum.

Copyright 2021 NPR. To see more, visit https://www.npr.org.

Vanessa Romo is a reporter for NPR's News Desk. She covers breaking news on a wide range of topics, weighing in daily on everything from immigration and the treatment of migrant children, to a war-crimes trial where a witness claimed he was the actual killer, to an alleged sex cult. She has also covered the occasional cat-clinging-to-the-hood-of-a-car story.

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SOMOS CONNECTICUT es una iniciativa de Connecticut Public, la emisora local de NPR y PBS del estado, que busca elevar nuestras historias latinas y expandir programación que alza y informa nuestras comunidades latinas locales. Visita CTPublic.org/latino para más reportajes y recursos. Para noticias, suscríbase a nuestro boletín informativo en ctpublic.org/newsletters.

The independent journalism and non-commercial programming you rely on every day is in danger.

If you’re reading this, you believe in trusted journalism and in learning without paywalls. You value access to educational content kids love and enriching cultural programming.

Now all of that is at risk.

Federal funding for public media is under threat and if it goes, the impact to our communities will be devastating.

Together, we can defend it. It’s time to protect what matters.

Your voice has protected public media before. Now, it’s needed again. Learn how you can protect the news and programming you depend on.

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