Popular American singer, Rihanna becomes the world’s wealthiest musician.
This was revealed by Forbes on its official Instagram page on Wednesday.
Rihanna has an estimated net worth of $ 1.7b (N698.7b).
Forbes stated that Rihanna joined the billionaire league as a result of the success of her cosmetic company, Fenty.
Part of the lengthy post reads: “When Robyn Fenty known to the world as Rhianna, launched Fenty Beauty in 2017, she sought to create a cosmetics company that made “women everywhere (feel) included.
“A perhaps unintended consequence: The beauty line has helped her enter one of the world’s most exclusive ranks: Billionaire. Rihanna is now worth $1.7billion, Forbes estimates – making her the wealthiest female musician in the world and second only to Oprah Winfrey as the richest female entertainer. “