Rihanna

In one of her most popular songs, Rihanna says a certain someone “better have my money.” Well, turns out she got it.

Robin Rihanna Fenty is now a billionaire.

The multi-talented artist is worth $1.7 billion, Forbes reports, making her the second wealthiest female entertainer, after Oprah, and the richest female musician in the world.

While Rihanna, 33, may have gotten her start in music — selling 250 million records globally — her makeup brand is what pushed her into the billionaire’s club. Fenty Beauty launched in 2017 with a message of inclusivity; the makeup brand has more than 50 shades of foundation, often modeled by a diverse group. 

The brand is a 50-50 joint venture with luxury goods conglomerate LVMH LVMH, +0.06%, run by the world’s richest person, Bernard Arnault. Forbes estimates that as much as $1.4 billion of the artist’s wealth comes from Fenty Beauty.

Fenty Beauty, sold online and at Sephora (also owned by LVMH), was an instant success. LVMH reported $550 million in annual revenue during the brand’s first full calendar year in 2018. 

Read more in Marketwatch.com.

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