Global pop star Rihanna is now a billionaire according to Forbes.
The singer is now worth $1.7 billion according to Forbes with majority of her fortune coming from her cosmetics brand Fenty Beauty.
Other parts of her fortune come from Savage x Fenty, her lingerie company, and her earnings from her acting and singing career.
Rihanna is now the richest female musician in the world.
The singer launched Fenty Beauty in 2017. The brand has been applauded for its broad line of cosmetic products that cater to different skin tones and skin types.
In an interview with InStyle in 2017, Rihanna shared that it was always her aspiration to create a cosmetics brand.
"You have all these ideas of things you want for yourself, and for me, beauty was a natural fit because makeup is such a huge part of my career and image. I wanted to do a line for years, but it needed to be credible, something that industry pros and girls around the world would respect," she said in the interview.
Rihanna also relayed that when she was building Fenty Beauty, she wanted to create a brand that is inclusive.
"I wanted everyone to feel included. We actually started with foundation because it’s the very first makeup product I fell in love with," she stated.