KEY POINTS

  • Rihanna gave a humble response when asked about her billionaire status
  • She is worth $1.7 billion, making her the richest woman musician in the world and the second richest woman entertainer
  • The bulk of Rihanna's fortune can be attributed to her beauty company, Fenty Beauty

Rihanna kept her response short and sweet when asked about her new billionaire status.

The "Diamonds" singer made her debut in Forbes' billionaire rankings last week, owing to her estimated net worth of $1.7 billion — a figure that makes her the richest woman musician in the world and the second richest woman entertainer, behind Oprah Winfrey.

Following the news, Rihanna was asked by photographers about how she felt about reaching billionaire status. She humbly replied, "God is good," before walking away, Entertainment Tonight reported.

While the singer is known for her music, the bulk of Rihanna's fortune — an estimated $1.4 billion — can be attributed to her beauty company, Fenty Beauty, of which Forbes said she owns 50%. Her lingerie line, Savage x Fenty, is worth $270 million.

According to ET, the "Umbrella" hitmaker changed the beauty game when she launched Fenty Beauty in 2017 and debuted an unprecedented foundation line of 40 shades. It was later expanded to 50 foundation shades and 50 concealer colors in 2019.

"Being inclusive for me always came second nature," Rihanna told the outlet at the time. "I see how women become so emotionally invested and they feel represented. They feel like they can see themselves on the shelves and in the campaigns."

Rihanna's beauty company later expanded into skincare. The fashion icon made sure that her skincare products catered to all skin tones and types and invited her boyfriend A$AP Rocky and Lil Nas X to star in the campaign.

"I wanted men to be represented because this skincare line is gender-neutral," she explained. "I want it to be for everyone, so you don't have men scared to use skincare. They think it's a feminine thing, they think it's just for girls, and I don't like that idea. We all have skin, we all wear skin, so I knew we needed that male representation in the campaign."

Rihanna further shared that her brand aims to bring its products to everyone. She wanted their products to be simple and accessible without sacrificing the quality by using high-level ingredients like the other brands but without making them too pricey.

Earlier this month, Rihanna tapped New Orleans' all-female motorcycle club Caramel Curves to model her sexy, lacy lingerie for the latest Savage x Fenty campaign.

"Behind every Savage, there’s a story… and who more savage than my Caramel Curves!!! We don’t just sell panties over here @savagexfenty, we represent the culture! #savageXcaramelcurves," she tweeted on Aug 2.

But Rihanna is not stopping at cosmetics, skincare products and lingerie. She teased Fenty's upcoming perfume on Twitter Sunday, using the hashtag "#FENTYPARFUM" as she invited fans to get early access to the product through the brand's website.

Rihanna's latest photoshoot has landed her in hot water in India
Rihanna's latest photoshoot has landed her in hot water in India AFP / Martin BUREAU