愛污传媒

Skip to main content

Rihanna is now officially a billionaire

In this Dec. 2, 2019, file photo, singer Rihanna poses for photographers upon arrival at the British Fashion Awards in central London. (Joel C Ryan/Invision/AP, File) In this Dec. 2, 2019, file photo, singer Rihanna poses for photographers upon arrival at the British Fashion Awards in central London. (Joel C Ryan/Invision/AP, File)
Share

Robyn "" Fenty is officially a billionaire, according to Forbes.

The business magazine, which tracks and publishes data on the world's wealthiest individuals, on Wednesday reported the 33-year-old pop star's estimated net worth to be , making her the wealthiest female musician and the second-richest woman in entertainment behind Oprah Winfrey.

It's been five years since the "bad gal" from Barbados dropped a new album 鈥 her 2016 instant classic "Anti" spent on the Billboard charts. Instead she's dedicated her time to building her business empire through her makeup line and her lingerie line.

Forbes estimates Fenty Beauty alone is worth $2.8 billion. In 2018, the makeup brand, which is sold at Sephora stores, was generating more than $550 million in annual revenues, earning more than Kim Kardashian West's KKW Beauty, Kylie Jenner's Kylie Cosmetics and Jessica Alba's Honest Company, the magazine reported.

Historically, women's fashion and beauty brands have perpetuated Eurocentric and often unrealistic . One of the keys to Rihanna's success has been marketing products to women of all shapes, sizes and skin shades, according to Shannon Coyne, cofounder of Bluestock Advisors, a consumer products consultancy.

"She was one of the first brands that came out and said 'I want to speak to all of those different people,'" Coyne told Forbes. "A lot of women felt there were no lines out there that catered to their skin tone. It was light, medium, medium dark, dark. We all know that's not reality."

Forbes reported that Rihanna also owns 30% of Savage x Fenty, which raised in February after receiving a $1 billion valuation. LVMH CEO Bernard Arnault and rapper Jay Z are also principle investors in the lingerie brand.

A spokesperson for Rihanna declined to comment.

CTVNews.ca Top Stories

A driver suffered only minor injuries after going airborne in a residential neighbourhood in Maple Ridge, B.C., on Friday, the car eventually landing on its roof in someone鈥檚 backyard.

The owners of a North York condominium say they are facing a $70,000 special assessment to fix their building's parking garage. '$70,000 is a lot of money. It makes me very nervous and stressed out of nowhere for this huge debt to come in,' said Ligeng Guo.

Police released the identities of the mother and daughter who were killed after a fire tore through a 160-year-old building in Old Montreal on Friday.

The sentencing of the man who pleaded guilty in the deadly hit-and-run in Kitsilano two years ago began on Friday.

Local Spotlight

Chantal Kreviazuk is set to return to Winnipeg to mark a major milestone in her illustrious musical career.

From the beaches of Cannes to the bustling streets of New York City, a new film by a trio of Manitoba directors has toured the international film festival circuit to much pomp and circumstance.

A husband and wife have been on the road trip of a lifetime and have decided to stop in Saskatchewan for the winter.

The grave of a previously unknown Canadian soldier has been identified as a man from Hayfield, Man. who fought in the First World War.

A group of classic car enthusiasts donated hundreds of blankets to nursing homes in Nova Scotia.

Moving into the second week of October, the eastern half of Canada can expect some brisker fall air to break down from the north

What does New Westminster's t蓹m蓹sew虛tx史 Aquatic and Community Centre have in common with a historic 68,000-seat stadium in Beijing, an NFL stadium and the aquatics venue for the Paris Olympics? They've all been named among the world's most beautiful sports venues for 2024.

The last living member of the legendary Vancouver Asahi baseball team, Kaye Kaminishi, died on Saturday, Sept. 28, surrounded by family. He was 102 years old.

New data from Greater Vancouver and the Fraser Valley shows a surge in supply and drop in demand in the region's historically hot real estate market.