Rihanna has claimed the top spot as the richest self-made woman in music, according to Forbes' recent list, with an estimated net worth of $1.4 billion. This achievement puts her ahead of Taylor Swift, who comes in as the second richest self-made woman in music with an estimated net worth of $740 million, TMZ reports.

Swift's rise to the second spot is a significant milestone for the 33-year-old singer, surpassing industry legends Madonna, with a reported net worth of $580 million, and Beyoncé, with an estimated net worth of $540 million.

Rihanna's impressive net worth is a result of her successful music career and her ventures outside the industry. Her Fenty Beauty makeup company, which she co-owns with LVMH, experienced significant growth in 2022, doubling its revenue. Additionally, Rihanna holds a 30% stake in her Savage x Fenty lingerie line, which reached a valuation of $1 billion in February last year.

While Swift's net worth places her at #34 on the overall “Self-Made Women” list by Forbes, Rihanna secures the 20th spot. This list includes prominent figures such as Oprah Winfrey, with a net worth of $2.5 billion, and Peggy Cherng, co-founder of Panda Express, with a net worth of $3.2 billion.

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Rihanna surrounded by piles of cash.

JR Malabanan ·

Swift's net worth is expected to continue growing as she embarks on her highly anticipated “Eras Tour.” The tour has already made headlines, crashing Ticketmaster due to overwhelming demand for tickets. With an estimated gross of $1.6 billion projected for the tour, Swift's wealth will continue growing.

As Rihanna claims the title of the richest woman in music, both artists showcase their entrepreneurial prowess and success beyond their music careers. Their accomplishments serve as inspiration for aspiring self-made women in the industry, highlighting the potential for financial success through talent, business ventures, and brand collaborations.