2019 Richest Musicians in the World : Rihana and Jay Z Tops the List

Entertainment, (Market News)  

JAY Z BECOMES A BILLIONAIRE, RIHANA THE RICHEST FEMALE MUSICIAN IN THE WORLD.

This Week Rihana and Jay Z made headlines as the richest musicians in the United States.

RIHANA

Robyn Rihanna Fenty is now considered the richest female musician in the world, with a staggering net-worth of $600 million, according to Forbes. She is now richer than Madonna by $30 million, Dion by $150 million and Beyoncé by $200 million.

Although Rihana have released top chat album and singles over the years, but the majority of her money comes from other ventures.

According to Forbes, the majority of her income comes from her partnership with LVMH, the French luxury goods company that owns the likes of Christian Dior, Givenchy and Louis Vuitton.
Rihana also launched new money making fashion label called FENTY, an original branch she created with LVMH (Moët Hennessy – Louis Vuitton SE) in Paris France.
Jay z and Rihana

JAY Z 

Shawn “Jay-Z” Carter have joined the list of five ever African American Billionaires in history, the rap mogul beat Sean P. Diddy Combs and Andre “Dr. Dre” Young to the threshold. He is also the first Billionaire rapper in history.

Like Rihana Jay Z have made name in the music industry but most of this million comes from  lucrative investments, real estates, acquisitions, and deals. Among this money making ventures are his

  • Armand de Brignac champagne – $310 million
  • Cash and investments, including a $70 million stake in Uber – $220 million
  • D’Ussé cognac – $100 million
  • Tidal streaming service – $100 million
  • Roc Nation – $75 million
  • Music catalog – $75 million
  • Art collection – $70 million
  • Real estate – $50 million

Forbes estimated Jay-Z’s fortune “conservatively totals $1 billion.”

Forbes wrote that the key to Jay-Z’s success is that he has built brands instead of promoting other businesses.

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