Rihanna officially became a billionaire this month, making her the wealthiest musician in the world, as reported by Forbes. But, surprisingly, the bulk of her wealth doesn’t come from her chart-topping music but her ultra-successful Fenty Beauty line, valued at a whopping $1.4 billion.The Grammy-winning musician is just the latest in a long line of Black entertainers making a name for themselves in the business world.
This week, Beyoncé will drop her fifth collection for Adidas with Ivy Park, the activewear line that now makes up a significant portion of the singer’s $440 million fortune.
Of course, Beyoncé is married to another artist-turned-entrepreneur, Jay-Z, whose foray into the spirits industry with Armand de Brignac champagne and.
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