Rihanna is the richest female musician in the world

Rihanna is the wealthiest female musician in the world, according to Forbes.

The business magazine reported that, according to its estimates, the Bajan musician’s move into beauty and fashion has contributed to her $600 million net worth.

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The ranking puts her ahead of other musicians like Madonna, who has an estimated $570 million; Celine Dion at $450 million; and Beyonce at $400 million. The ranking is part of Forbes' list of America's richest self-made women.

Related: Jay Z is now hip hop's first billionaire, according to Forbes

Rihanna’s recent partnership with French luxury goods company LVMH comes on top of her already-established Fenty Beauty makeup brand, which reportedly drew $100 million in sales in the first few weeks.

Credit: Aurelien Meunier

Credit: Aurelien Meunier

Forbes estimates that LVMH owns 50% of Fenty Beauty and Rihanna has about 15%. After 15 months in business, it has generated a $570 million.

Related: Kylie Jenner is the youngest billionaire in the world

Read more about Rihanna and the richest self-made women in America at Forbes.com.

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