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It Is Official – Rihanna Is A Billionaire

rihanna net worth

Kanye West, Jay Z, and now Rihanna… the music industry is steadily turning more and more of its stars into billionaires.

In Forbe’s latest ranking of the industry’s richest stars, Rihanna made her debut as a billionaire. Like others before her, Rihanna owes her upgraded wealth status not to direct music sales but to her ability to leverage star power into savvy business decisions.

Rihanna’s net worth now stands at a whopping $1.7 billion, making her not only the richest musician in the world but the richest person in her native Barbados. Kanye West clocked in at $2 billion making him the richest rapper, seconded by Jay Z with $1.4 billion.

Rihanna’s billionaire status was confirmed back in August 2021 by the wealth evaluation magazine which attributed the bulk of her wealth to beauty and lingerie businesses.

In case you’ve been hiding under a rock, Rihanna is the co-owner of Fenty Beauty, a luxury beauty and cosmetic brand that raked in a staggering $550 million in revenue for the year 2020. She co-owns the brand with LVMH otherwise known as Louis Vuitton.

Read Also: Grammy Awards 2022 Full Winners List

Then there is the lingerie business where the pop star owns a 30% stake. Savage x Fenty Lingerie line was valued at $1 billion in early 2021 after receiving $115 million in a series B funding.

Rihanna is humbled by Forbes’s revelation and has expressed how surreal she has felt about it all.

“It’s tricky because it’s hard to even accept that’s where you’re at because I know where I’ve come from. At the same time, it feels good to be able to inspire young women and boys, who like me, come from humble beginnings, who come from parents who are immigrants or who are immigrants themselves, to be able to do this,” the expecting mom said.

In Forbes’s latest ranking of the world’s billionaires, Elon Musk shines top of the list with a jaw-dropping net worth of $219billion.

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Entertainment

Wizkid Cancels multiple North America dates on ‘Morayo’ Tour, Sparking Online Debate

Nigerian superstar Wizkid has cancelled several dates on the North American leg of his much-anticipated ‘Morayo’ world tour, sparking concern among fans and insiders alike.
The cancelled shows include major venues such as:

June 5 – State Farm Arena, Atlanta

June 7 – Madison Square Garden, New York

June 11 – Scotiabank Arena, Ontario, Canada

June 15 – CFG Bank Arena, Baltimore

While his team has yet to release an official statement explaining the latest development, fans anxiously await clarity and possible new dates.

Despite the setback, sources suggest that the European leg of the Morayo Tour will continue as planned, with no current indications of change.

However, reactions online hint at deeper personal struggles. A close associate, Godson, stirred concern on social media when he responded to a fan’s inquiry about the cancellations by asking for prayers for Wizkid.

“Add him to your prayer. I think he’s still grieving, and nobody is helping him achieve this. Sad,” Godson posted.

Fans have since flooded social media with messages of support, urging the Star Boy to take all the time he needs to heal.

News of Wizkid’s North American tour cancellations has sparked a social media frenzy, with fans and critics flooding platforms like X (formerly Twitter) with mixed reactions, ranging from deep concern to outright mockery

Some fans expressed disappointment over the show cancellations, while others pointed fingers at poor planning, low ticket sales, and questionable timing.

Here are some of the most viral reactions:

@abazwhyllzz: “So none of his fans could buy ticket despite the ticket price reduction??? Brooo, this guy is finished.”

@mafia3O: “Cancelled in the midnight thinking people would not notice.”

@bigHotbaby1: “Wizkid scheduled his tour the same day there’s a big game in New York? Who’s advising this guy?”

@Zillionhood: “WizKid should retire this year with little dignity, by 2026 he will be retiring with mucha shame on him.”

@twnty__one: “Shey dem him fans no see money buy ticket ni or why the cancellation? Lol popsy una.”

Fanbase Rivalries Heat Up
The news also reignited the age-old Stan wars between fanbases, with some accusing media platforms of showing bias in their coverage.

@sakpo0007_: “Nah you guys are unreal. No single post on your page about Davido’s ‘5ive’ Spotify streams deduction but yeah it’s Wizkid news, y’all are active now… Fvckers.”

@bisolaa_0: “You updated this faster than Davido deducted streams on Spotify. Smh.”

@1stsonofdavido: “You see Wizkid downfall? I’m always there like Toyota Hilux. If it was Davido, everywhere for don scatter. Like I said, any Wizkid slander, I’m always there.”

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Celebs

Burna Boy gears up for the release of his 8th album with ‘Sweet Love’

Burna Boy

Grammy award-winning global icon Burna Boy ushers in his highly anticipated eighth studio album ‘No Sign of Weakness’ with today’s release of the seductive new single ‘Sweet Love.’

The song is set to be followed by a music video, which will complement its breezy feel.

The song produced by Major Seven is a romantic, reggae-leaning track that showcases Burna Boy’s unmistakable vocal charisma and signature blend of global influences with melodic pop sensibility.

‘Sweet Love’ continues Burna Boy’s standout year, building on the momentum of No Sign of Weakness’s first single, ‘Update’.

Produced by P2J (Beyoncé, Tems) and built around a sample of Soul II Soul’s iconic 8 the track blends Afrobeats with anthemic, club-ready energy.

The official video, which weaves together powerful visual vignettes inspired by the album’s central themes, has already surpassed 5 million views on YouTube.

Burna Boy has previously released the bubbling ‘Bundle By Bundle,’ which has amassed over 24M Spotify streams and 8.5M video views.

Most recently, Burna Boy joined French-Haitian singer Joé Dwèt Filé for the remix of the viral hit ‘4 Kampé,’ fusing Afrobeats and Haitian Kompa into a cross-cultural anthem that continues to chart across platforms globally.

Last month, Burna Boy became the first-ever cover star of Billboard France, coinciding with his historic, sold-out show at the Stade de France, making him the first African artist to headline the iconic venue.

The multi-award-winning global star followed up on his Stade De France concert with another historic concert in Manchester, where he sold out the Co-op Arena, which is the biggest indoor Arena in England.

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Entertainment

‘I have never told anyone ‘I love you’’ – Falz

Nigerian rapper Folarin Falana, popularly known as Falz, has made some startling revelations about his love life.

While the rapper disclosed that he’s never been heartbroken, he also admitted that he has never really given his heart out to anyone.

Falz made these revelations while speaking during his appearance on the inaugural live edition of ‘WithChude’ podcast.

During their session, host Chude Jideonwo asked the ‘Soft Work’ singer, “Did someone break your heart so badly?”.

In response, Falz said, “I have never been heartbroken,” before explaining that “If you don’t put your legs inside water, can you drown? I haven’t presented my heart that much to be broken. I have been giving small of it ooo.”

He added that, “But in a romantic way, I have never told somebody ‘I love you’. It is not a sad thing, I’m not devoid of emotion, don’t get it twisted. I have said, oh I really really like you. I just haven’t said ‘I’m in love with you.”

Speaking further during the interview, Falz reflected on the emotional toll and deep purpose behind his activism.

He said, “People warn me all the time. Friends say: ‘You better stay out of these things oh.’

“But I’m the kind of artist who draws inspiration from my environment.

“I can’t help it. I feel these things so deeply that it becomes impossible not to talk about them.”

Falz also recounted his experience with the #EndSARS protest and how it impacted his life personally.

That period was one of the craziest and toughest times of my life,” Falz said, adding: “But I don’t regret it at all.

“I was taught never to regret doing what I believe is right.

“And the protest, the struggle, the connection we all felt — it was monumental. I’m grateful I participated.”

He noted that while many try to dissuade him, some say: “The same people you’re fighting for will fight you.”

Falz clarified that his involvement in activism has never been about applause or validation.

He said: “I’m not doing it for anybody specifically. It’s about what I feel strongly about. It’s about compassion. It’s about humanity.”

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