The latest Rihanna news once again has nothing to do with her long-awaited next album, but with her status as a beauty and fashion mogul: she is a billionaire now, according to Forbes.

The financial magazine estimated on Wednesday (Thursday AEST) that the 33-year-old singer, whose full name is Robyn Rihanna Fenty, is worth $US1.7 billion ($2.3 billion) – making her the wealthiest female musical artist in the world, and the second-richest woman in entertainment after Oprah Winfrey.

Washington Post