Robyn Rihanna Fenty is officially Barbados’ very first billionaire. Her wealth stands at a total of $1.7 billion according to Forbes.
Riri’s wealth has accumulated due to her various businesses such as her lingerie line Savage X Fenty as well as her beauty empire Fenty Beauty and Fenty Skin.
Not only is the singer the first Barbadian billionaire, she is also the richest female musician. Rih features on Forbes’ list ranking at 1,729 on the list alongside other musicians such as Jay-Z and Kanye West.
Rih’s stake in Savage X Fenty which launched in 2018 is estimated to be over $200 million while she owns a 50% stake atLVMH’s Fenty Beauty that launched in September 2017.
The singer has ventured into various businesses such as her luxury clothing line Fenty that closed down after less than two years of being in the market. According to LVMH, the prices of the clothing were too steep for Rihanna’s fan base but would relaunch under more favorable conditions.
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