Rihanna becomes the wealthiest female musician in the world, worth $1.7 billion
Forbes said the bulk of her fortune comes from the value of Fenty Beauty, of which Forbes can now confirm she owns 50%. It said the rest comes from Savage x Fenty, worth an estimated $270 million, and her earnings from her career as a chart-topping musician and actress. In February this year, her lingerie line Savage x Fenty raised $115 million in funding at a $1 billion valuation. Rihanna maintains a 30% ownership stake, Forbes estimates.