ROC NATION IN THE BUILDING TONIGHT: RIHANNA THE WORLD’S RICHEST FEMALE MUSICIAN

Oh, what a feeling, yesterday Jay-Z became the first Hip-Hop Billionaire, and today Rihanna is now the world’s richest female musicians. Her fortune isn’t solely from music, is safe to say that the artists of Roc Nation are the top of the class when it comes to expansion. Robyn Rihanna Fenty best known as Rihanna uses the name Fenty as for many ventures beyond the music studio.

“so that you didn’t have to hear the word ‘Rihanna’ every time you saw something that I did.” sais Rihanna in a New York Times Style Magazine

Fenty Beauty launched in 2017, co-owning with the French luxury goods company is worth $600 million, Forbes reported on Tuesday, putting her ahead of Madonna ($570 million), Celine Dion ($450 million) and Beyonce ($400 million).

Fenty brought in more than $100 million in sales in its first few weeks, $570 million in revenue, and the outlet estimates that Fenty is collectively worth more than $3 billion according to Forbes.

“I couldn’t imagine a better partner both creatively and business-wise, and I’m ready for the world to see what we have built together.” said Rihanna in a statement when the fashion house was announced.

LVMH has become known for offering more inclusive shades of makeup than other brands, with 40 different options in foundation.

Rihanna’s empire doesn’t stop with music and makeup alone, she also co-owns the Savage X Fenty lingerie line which recently announced a Fenty Maison line that’s poised to make waves in the fashion industry. Producing clothes, shoes, accessories, and jewelry.

Making Rihanna the first woman to start her own brand at LVMH and the first black woman to lead a fashion house at the company. Fenty is also the first new house to come out of LVMH since 1987, the New York Times reported in May. Designing a line like this with LVMH is an incredibly special moment for her and is so thankful for the opportunity to develop a fashion house in the luxury sector, with no artistic limits, as she tweeted:

“Everybody knows Rihanna as a wonderful singer, but through our partnership at Fenty Beauty, I discovered a true entrepreneur, a real C.E.O. and a terrific leader,” LVMH’s chairman, Bernard Arnault, said upon the announcement.

Not shying away from her music. Rihanna has been working on an untitled reggae album, yet to have a release date announced.