Forbes magazine named Rihanna as the worlds richest female musician

Forbes magazine has named Rihanna as the world’s richest female musician.Rihanna’s Fenty Beauty brand business endeavors have officially made her the richest female musician in the world. Her worth is estimated at $600m (£472m) which includes revenues made from her fashion and beauty lines in addition to those from her music career.
Forbes reported that the French luxury brand LVMH backs Rihanna’s lucrative cosmetics company, Fenty Beauty. Fenty beauty was launched in 2017. It is worth more than £3bn, from which Rihanna has earned $570m.  
In 2012, Rihanna founded the Clara Lionel Foundation. The trust supports health and education efforts in impoverished communities around the world. Harvard University, in February 2017, she was named humanitarian of the year.

Top 5 in Forbes’ list of richest female musicians:
The other singers in Forbes’s list of the top five richest female musicians are: 
Madonna stands second place ($570m)
Céline Dion stands third ($450m)
Beyoncé and Barbra Streisand tied in fourth ($400m) 
Taylor Swift stands sixth ($360m).

Forbes other rankings:
Forbes has also name Kardashian scion Kylie Jenner as America’s youngest self-made billionaire. 
It has named Jay-Z as the world’s first billionaire rapper as his worth is estimated at $1bn.