Rihanna now ‘richest female musician’ as Forbes names her a billionaire

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.

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