Rihanna is officially a billionaire now, the singer debuts on Forbes’ annual list

Rihanna has always been the pop queen of the music industry who has won over her follower with her unwavering personality and music. And now, the “Diamonds” singer has debuted on Forbes’ annual billionaires list.

Not only Rihanna, but the list also includes Jay-Z and Kanye West. Thanks to Rihanna’s international cosmetics brand, Fenty Beauty, the singer is currently worth $1.7 billion. With this disc, she became one of the richest musicians of her age.

Rappers made their way onto the list by building an empire and Rihanna claimed fame by being the first-ever top-ranked musician.

Currently, Rihanna is 34 years old and attained billionaire status in August 2021. She ranks No. 1,729 on the global billionaires list with a net worth of $1.7 billion. Rihanna is also the first person from Barbados to feature in Forbes’ Annual List.

Fenty Beauty played a vital role in this achievement as the brand achieved a whopping $550 million in revenue in 2020 when the ongoing global pandemic reached a serious stage.

Another person who made his way onto the list is none other than Kanye West, who is currently worth $2 billion. The 44-year-old rapper currently ranks at No. 1,513 on the list, higher than Rihanna.

Other investments have also worked well in the case of rapper West as he has acquired a lot of wealth through Yeezy Sneakers and the clothing brands he owns. In 2020, he debuted on Forbes’ annual billionaires list for the first time.

However, Jay-Z has faced some loosening, with his net worth dropping from $6 billion to $1.3 billion. This put him at No. 2,076 on the list and the rapper regains his spot. His “Empire State of Mind” made him the industry’s first billionaire rapper of 2019.

It’s safe to say that the source of this enormous wealth is not just Jay-Z’s music career, but his many avenues, including his cognac and champagne brands. His own music label Roc Nation and his superb collection of works of art are also part of it.

This year’s annual Forbes billionaires list was topped by none other than Elon Musk, CEO and founder of SpaceX and Tesla. Elon is currently worth $219 billion, which makes him the richest person in the world right now.

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