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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

Housemates see each other naked almost every day – BBN’s Adekunle

Former Big Brother Naija housemate Adekunle Olapade has added his voice to the controversy surrounding intimate videos from the ongoing edition of the reality show. Tagged the 10 over 10 season, intimate videos of housemates on the Season 10 of the BBNaija show have been making the rounds online, and they have drawn criticism from a section of fans of the show.

Some of the intimate videos have involved housemates Koyin and Isabella, Jason Jae and Sultana, as well as evicted Kayikumi and Isabella.

However, addressing critics of the intimate videos during a podcast interview with Pulse, Adekunle described them as ‘hypocrites’ as he insisted that it is perfectly okay for two consenting adults to get intimate with each other if they so decide.

Drawing on his experience as a former housemate on the show, Adekunle noted that it is commonplace for housemates to see each other naked.

He therefore explained that it shouldn’t surprise anyone if two adults of opposite genders who have seen each other naked become sexually attracted to each other.

Adekunle said, “A lot of people who watch the Big Brother Naija reality show are very hypocritical. Secondly, there is actually nothing wrong with two people who like each other deciding to get intimate.

“All the housemates see each other naked, in case you don’t know. So, you cannot be in a house with someone you see without clothes almost every day and not be attracted to that person. It won’t work.”

Adekunle has appeared on the BBNaija show twice: first, in 2022, on the BBNaija ‘Level Up’ season, and then again as a housemate on the ‘All Stars’ season one year later.

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Entertainment

Phyna’s sister passes away after a truck accident

Ruth’s death comes following her involvement in an accident where she was hit by a Dangote truck. The sad news was announced in a statement released via Phyna’s Instagram page on Sunday.

The statement reads, “We remain Solicitors to Ruth Otabor, Josephine Otabo (Whose moniker is Phyna) and the Otabor Family and have their instruction to inform the public this.

“With a heavy heart, the family regrets to announce the passing on to glory of their daughter, sister, and mother on this 31st Day of August 2025 at about 06:30.

“The Family is presently grieving and would appreciate being given a private moment to mourn the departed. The funeral arrangement will be communicated to the oubluc in due course.”

The news of Ruth’s demise comes hours after reports started spreading online that Phyna is down and has been hospitalised. A photo of Phyna lying on a hospital bed had gone viral online amid the reports.

However, Nollywood filmmaker Stanley Ontop has dismissed the reports as false, claiming the photo was not genuine but taken from a movie set in Asaba, where Phyna is currently working on a film.

He explained that the hospital scene was part of a production and that the medical props, including the drip and hospital gown, were costumes belonging to a local team member.

Initially believing she was truly hospitalised, Stanley said he felt misled after learning the image was staged.

He criticised Phyna for creating false impressions, especially after many people had publicly defended and supported her.

According to him, Phyna had only received minor treatment, such as drips and injections at her hotel, and was never admitted to any hospital.

He heavily fumed over what he described as a deliberate attempt to manipulate public sympathy, stating that such actions could damage credibility and trust.

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Entertainment

Toke Makinwa welcomes a newborn baby girl

Nigerian media personality Toke Makinwa is on cloud nine after revealing the birth of her first child, a baby girl, after many years of waiting. She shared the big news on her Instagram page, where she posted pictures of her newborn holding her thumb, with the caption, “I’m a Mommy…… This is the happiest I’ve ever been.”

She also shared the names of the newborn, which included Yoruba, Hebrew, and English names that captured the blessings and beauty of her birth.

“Yakira Eliana, Olakitan, Iyanuoluwa, Ikeoluwa, Adunola, Meet my miracle, Yakira Eliana — Precious, Beloved — of great worth, My God has answered.”

Well-wishers have flooded the comment section of her Instagram posts, congratulating the 40-year-old, who joins the list of Nigerian celebrity mothers.

Media Personality Ebuka Obi-Uchendu, Actor and Media Personality Uti Nwachukwu, actress Tonto Dike, and many other celebrities commented on the post.

Toke Makinwa’s baby is walking into the world with a wardrobe full of designers waiting for her.

In a post on her Instagram account, the media personality showed off the designer gifts her celebrity friends have showered the newborn with.

From luxury brands like Chanel, to personalised keepsakes, Toke described the unboxing as more than just showing off items, but a dream she had waited years to experience.

“For me, this is not just an unboxing video but such a priceless moment because I’ve waited so long to do this,” she wrote.

While celebrating the defining moment in her life, Toke shared a word of kindness and hope to all those waiting on a miracle, whether for marriage, children, health, or career breakthroughs.

“Live your life, you are not defined by what has not yet happened for you,” she encouraged.

For a celebrity who has been in the news for over a decade, Toke Makinwa’s pregnancy announcement expectedly sparked reactions online. Some accused her of faking the baby bump, which led Afrobeats queen Tiwa Savage and Nollywood box office giant Funke Akindele to speak in her defence.

In the world of celebrity babies, the newborn will be walking into a life of glitz and glamour as the biggest gift to one of Nigeria’s most talked-about celebrities.

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