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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

Tems becomes first African female artist to feature on a song with a billion Spotify streams.

Tems

This feat comes after Future’s 2022 hit single ‘Wait For U’ reached 1 billion Spotify streams thus making Tems the first African female artist to reach this milestone.

The record which features Canadian megastar Drake and vocals from the Nigerian award-winning star has enjoyed enduring commercial success since its release as part of Future 2022 album ‘I Never Liked You’.

The single has marked several high points for Tems including making her the first Nigerian artist to debut at the summit of the Billboard Hot 100. It also earned her her first Grammy award for Best Melodic Rap Performance at the 2023 Grammys.

With her latest feat, she joins Wizkid(Drake’s ‘One Dance’) and Rema (‘Calm Down’ featuring Selena Gomez) as the Nigerian artists who have appeared on songs with over 1 billion Spotify streams.

Since breaking into the international mainstream in 2020 after her decisive contribution to Wizkid’s hit single ‘Essence’, Tems has risen to superstardom with collaboration with Beyonce and Drake.

She also became the first Nigerian to earn an Oscar nomination after she was shortlisted for Best Original Score for writing ‘Lift Me Up’ the lead soundtrack for ‘Black Panther: Wakanda Forever’ which was performed by Rihanna.

At the 2025 Grammys, the singer made history by becoming the first Nigerian artist to be nominated in the R&B category with a nod for Best R&B Performance.

She also won her second Grammy award after she picked up the Best African Song Performance for her song ‘Love Me Jeje’.

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Celebs

Chimamanda Adichie announces the birth of her twins at 47

Chimamanda Ngozi Adichie, the multi-award-winning Nigerian author has announced the birth of her twins with husband, Ivara Esege.

She made the good news known during her interview with The Guardian where she also spoke about her new book, Dream Count, cancel culture, and other topics.

The 47-year-old author revealed that she welcomed her twins months ago but kept the news private because she wanted to protect her children.

Chimamanda disclosed that many didn’t know she got married in 2009, noting further that Nigerians are nosy people, making her hesitant to talk about her family.

Addressing the interviewer, Charlotte Edwardes, Chimamanda said, “You’ve met my babies. I want to protect my children. I’m OK with mentioning them, but I don’t want the piece to become about them.

“So, here’s the thing, Nigerians are nosy, they want to know about your personal life. Because of that, I am resistant. I very rarely talk about it.

The mother of three, also spoke about cancel culture as she reflected on the massive backlash she received for her remarks about trans women in 2017. For the remarks, her career took a huge blow.

She had been asked during the 2017 interview whether a transgender woman was “any less of a real woman”. Her response was, “A trans woman is a trans woman”.

However, speaking about cancel culture in her latest interview, Chimamanda described it as bad, saying it should be stopped.

“What do I want to say about cancel culture? Cancel culture is bad. We should stop it. End of story”.

Chimamanda is married to Ivara Esege, a Nigerian doctor. The lovebirds tied the knot in 2009 and welcomed their first daughter in 2016.

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Celebs

Nedu Steps Aside From The Honest Bunch Podcast Amidst Sex-For-Roles Controversy

After finding himself in the heart of recent controversy, Nigerian media personality Nedu Wazobia has resigned from the popular podcast ‘The Honest Bunch.’

In a statement shared on Instagram on February 14, 2025, Nedu said hosting the podcast had been a great experience, but the recent constant scrutiny and false accusations had become too much for him.

He wrote, “The past week has brought a lot into perspective for me. Hosting The Honest Bunch Podcast has been an incredible journey—one built on open conversations, bold perspectives, and the willingness to tackle difficult topics. But with that responsibility has come an overwhelming level of scrutiny, antagonism, and unfounded accusations that have now begun to take a personal toll.”

He explained that stepping down was a tough choice but necessary for his peace of mind and the future of the show

In light of recent events, I have made the difficult decision to step away from the podcast. This is not a decision I take lightly, but one I believe is necessary—for my peace of mind, for my family, and for the integrity of the show itself. I have always been committed to honest conversations, but when those conversations lead to relentless attacks and misrepresentation, it becomes clear that stepping back is the best path forward.

I sincerely hope this decision brings an end to the negativity surrounding my name and allows The Honest Bunch Podcast to continue thriving.

His resignation comes amid controversy stirred by social media critic Martins Ortse, aka VeryDarkMan, who accused him of demanding sex for movie roles from a female content creator, Jojo.

VeryDarkMan made the claim amid his ongoing face-off with stand-up comedian, Deeone who had claimed to have evidence that VeryDarkMan was gay during a recent appearance on the Honest Bunch Podcast, Deeone.

VeryDarkMan then threatened to release the names of all celebrities Nedu had allegedly slept with in exchange for roles.

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