Rihanna Becomes The Richest Female Musician in the United States
Rihanna Becomes The Richest Female Musician in the United States: According to Forbes, Rihanna is the wealthiest female musician in the United States, surpassing Taylor Swift, Beyoncé, and Madonna. Among the wealthiest individuals on Forbes’ 2023 list are prominent performers Madonna, Dolly Parton, Celine Dion, and Barbra Streisand.
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Rihanna, best known for classics such as “Only Girl (In the World),” has not only dominated the music industry but has also become the wealthiest female singer. Her Fenty brand proved crucial in her financial success. She has ruled the beauty industry with her ventures as if it were another chart, confirming her reputation as a multidimensional force.
Forbes’ annual self-made list celebrates female entrepreneurs, executives, and entertainers. Rihanna is the wealthiest self-made female musician in the US, with a net worth of $1.4 billion, making her the only billionaire on the list.
Taylor Swift, ranked 40th overall, is America’s second-richest self-made female musician, worth $740 million. Madonna, at 45th, is the third-richest with $580 million, while Beyoncé, at 48th, is the fourth-richest with $540 million. These talented women have amassed impressive fortunes through their successful music careers.
Rihanna tops Forbes’ list of self-made female musicians in the United States. While her music career helps, her three retail enterprises, Fenty Beauty, Fenty Skin, and Savage X Fenty, account for the majority of her money. Savage X Fenty, which could be worth $3 billion, is planning an IPO, while Fenty Beauty had over $550 million in revenue in 2020.
Fenty Beauty’s revenue doubled from the previous year in 2022, with a $2.8 billion valuation and Rihanna retaining a 50% share. Rihanna described her vast fortune as a happy accident in a 2019 interview, underlining that hitting financial milestones would not dissuade her from her tireless work ethic and hunger for success.
From pop stars to tech company founders, the youngest members of Forbes’ 2023 list of America’s Richest Self-Made Women are making their mark, whether in business or entertainment. https://t.co/KUVVpOYtt5 #SelfMadeWomen pic.twitter.com/PB0XzSg4BL
— Forbes (@Forbes) June 2, 2023
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