Rihanna's Fenty Beauty brand has made her a billionaire
Fenty Beauty promotes inclusivity in the cosmetics industry
Rihanna is now the wealthiest female musician and the second richest female entertainer globally
Rihanna owns 50% of Fenty Beauty, valued at around $2.8 billion, and has a stake in Savage x Fenty worth $270 million
Rihanna's large social media following played a significant role in building her beauty brand
Fenty Beauty surpassed other celebrity-founded beauty brands in annual revenues
Rihanna filled a gap in the market by offering diverse shades for all skin tones
Savage x Fenty raised $115 million in funding with a valuation of $1 billion, attracting notable investors
Rihanna's fashion and beauty ventures have kept her busy, leading to a hiatus in her music career, but establishing a strong brand presence