Ending Soon! Save 33% on All Access

Billionaire Rihanna Welcomes a Baby Boy Forbes reported that her net worth has shot above $1.7 billion, making her the 'richest female musician' in the world.

By Emily Rella

Dimitrios Kambouris | Getty Images

On May 19, billionaire Rihanna gave birth to a baby boy with her boyfriend, rapper A$AP Rocky in Los Angeles, California, per initial reporting from TMZ.

The singer-songwriter first share with the world news of her pregnancy through a photoshoot where she debuted her budding baby bump in January 2022.She made her last public appearance on May 9 on Mother's Day, where the couple strolled around Los Angeles on the way to dinner, Rihanna rocking a bare belly and body jewels.There has been no name announced yet for the baby boy.The superstar singer and businesswoman (whose real name is Robyn Fenty) was inducted into the billionaire's club in August 2021, per Forbes, making her the richest female musician in the world.

The outlet reported that her net worth has shot above $1.7 billion, making her the "richest female musician" in the world.

Related: 3 Secrets To Rihanna's Business Success That Eclipsed Victoria's Secret And L'Oréal By Creating Relevant Brands For Today's Woman

The 33-year-old, who has had much commercial success over the course of her music career with endless collaborations and eight studio albums, is also the CEO and founder of cosmetics company Fenty Beauty, which launched in 2017.

Rihanna owns 50% of Fenty Beauty, with the other half being owned by luxury goods conglomerate LVMH. Bernard Arnault, who runs LVMH, infamously dethroned Jeff Bezos as the richest person in the world earlier this week.

Forbes estimates that a whopping $1.4 billion of her earnings come from the beauty brand, followed by her lingerie company, Savage x Fenty, which is worth a reported $270 million.

"She is creating a brand outside of herself. It's not just about Rihanna," Shannon Coyne, cofounder of consumer products consultancy Bluestock Advisors told Forbes. "Even if you don't like her music, she's created a real style in the fashion and beauty space."

Rihanna currently has around 129 million Instagram followers and 106.5 million followers on Twitter.

Related: 5 Lessons You Can Learn From Some of the World's Best Businesswomen

Emily Rella

Entrepreneur Staff

Senior News Writer

Emily Rella is a Senior News Writer at Entrepreneur.com. Previously, she was an editor at Verizon Media. Her coverage spans features, business, lifestyle, tech, entertainment, and lifestyle. She is a 2015 graduate of Boston College and a Ridgefield, CT native. Find her on Twitter at @EmilyKRella.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Career

Is Consumer Services a Good Career Path for 2024? Here's the Verdict

Consumer services is a broad field with a variety of benefits and drawbacks. Here's what you should consider before choosing it as a career path.

Business News

'Creators Left So Much Money on the Table': Kickstarter's CEO Reveals the Story Behind the Company's Biggest Changes in 15 Years

In an interview with Entrepreneur, Kickstarter CEO Everette Taylor explains the decision-making behind the changes, how he approaches leading Kickstarter, and his advice for future CEOs.

Business Ideas

87 Service Business Ideas to Start Today

Get started in this growing industry, with options that range from IT consulting to childcare.