Rihanna has officially joined the Billionaire’s Club!

According to Forbes, the business magazine which tracks and publishes data on the world’s wealthiest individuals, reported recently that the 33-year-old Bajan pop star’s estimated net worth is now $1.7 billion (£1.2 billion), with an estimated $1.4 billion coming from the value of her Fenty Beauty cosmetics company, making her the world’s wealthiest female musician and the second-richest woman in entertainment behind Oprah Winfrey.

Rihanna has been on a music hiatus since 2016 after the release of her eighth studio album ‘Anti’ which spent a total of 63 weeks on the Billboard charts. Since then, Rihanna has been diligently building her Fenty Beauty makeup brand and her Savage x Fenty lingerie brand.

Robyn ‘Rihanna’ Fenty

Forbes estimates Fenty Beauty (which was launched in 2017 in partnership with luxury goods company LVMH) to be worth a total of $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.