Rihanna is now a billionaire, second only to Oprah as wealthiest female entertainer

Rihanna is now officially a billionaire and the wealthiest female musician in the world, according to Forbes.

She's also now the second-wealthiest female entertainer — right behind the one-and-only Oprah Winfrey, Forbes reports.

The pop star is worth $1.7 billion (£1.2 billion), with an estimated $1.4 billion coming from the value of her Fenty Beauty cosmetics company.

It's been five years since the "bad gal" from Barbados dropped a new album — her 2016 instant classic "Anti" spent 63 weeks on the Billboard charts. Instead she's dedicated her time to building her business empire through her Fenty Beauty makeup line and her Savage x Fenty lingerie line.

Forbes estimates Fenty Beauty alone is worth $2.8 billion. In 2018, the makeup brand, which is sold at Sephora stores, was generating more than $550 million in annual revenues, earning more than Kim Kardashian West's KKW Beauty, Kylie Jenner's Kylie Cosmetics and Jessica Alba's Honest Company, the magazine reported.

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