Fenty Beauty stake makes Rihanna a billionaire

Rihanna is now a billionaire, but her music is not what put her over that mark, according to Forbes, which lists the singer at #16 on its 2021 list of America’s 100 richest self-made women. The singer launched Fenty Beauty in 2017, and Forbes estimates that $1.4 billion of her current $1.7 billion net worth is from the cosmetics company, of which she owns half. A newcomer on the list who also parlayed a career in the spotlight into a beauty business is model Cindy Crawford, who has built Meaningful…