Rihanna has reached billionaire status, Forbes announced in a new report on Wednesday.
With an estimated net worth of $1.7 billion, the business magazine has dubbed the “Diamonds” singer, 33, the “richest female musician” and second to Oprah Winfrey as the “richest female entertainer.”
However, despite a bevy of chart-topping hits, Forbes credits the bulk of Rihanna’s fortune to her Fenty Beauty business.
