It's official, Rihanna is now a billionaire, according to Forbes! Nicki Minaj celebrates her

Rihanna has become the world’s wealthiest female musician, with a fortune of $1.7 billion.

Her riches, however, do not come from chart-topping songs — though she has had many — but from her thriving cosmetics brand. 

According to Forbes, which has reported that Rihanna is officially a billionaire, her cosmetics brand, Fenty Beauty, is worth $2.8 billion. 

The rest of her fortune is derived from her lingerie company, Savage x Fenty, which is worth an estimated $270 million, and her earnings from music and acting. 

The singer, 33, whose real name is Robyn Fenty, is now the world’s second-richest female entertainer and sits behind only Oprah Winfrey, whose fortune is estimated at $2.7 billion. 

The Barbadian artist has sold more than 250 million records worldwide.