Forbes released their list of America’s Richest Self-Made Women full of the most successful entrepreneurs, entertainers and executives in the country and out of 100 women, only seven of them work in music. So today, we’re highlighting the seven richest self-made women in music. Can you guess who’s number one?
7. Barbra Streisand ($430 million)
With a career spanning more than six decades, Barbra Streisand has reigned victorious in multiple entertainment fields. Streisand is the only act in history to obtain a #1 album across six consecutive decades and is one of the few performers to be awarded an Emmy, Grammy, Oscar, and Tony. Her success is still going strong as she released a new album, Live at the Bon Soir, in November 2022. The project features her earliest live recordings from 1962 that were intended to make up her debut solo record.
6. Dolly Parton ($440 million)
They don’t call her the Queen of Country music for no reason! Dolly Parton shines from the inside-out as a singer, songwriter, actress, author, entrepreneur and philanthropist. Her wealth is 40 years in the making and is not something she keeps to herself. Parton is known for blessing others with her earnings, especially in her home state of Tennessee, which is also home to her nonprofit, Imagination Library, and theme park, Dollywood.
5. Celine Dion ($480 million)
Celine Dion is Canada's biggest star with three consecutive Diamond-certified albums selling more than 220 million copies. Special shoutout to 1997's Titanic and her Vegas residencies for skyrocketing those checks into higher tax brackets.
4. Beyoncé Knowles ($540 million)
One of the greatest entertainers of this generation, best-selling music artists with over 200 million records sold worldwide, it's no question how the Queen Bey landed on this list. In addition to her music, her endorsements and partnerships go crazy as well! From her $50 million deal with Pepsi to her multi-year partnership with Peloton and most recently, Tiffany & Co. where her and hubby, JAY-Z partnered with the jewelry company for their "About Love" campaign, this is just a smidge of all the work Bey has put in to achieve her net worth.
3. Madonna ($580 million)
The Queen of Pop, ladies and gentlemen– Madonna. Known for always pushing the limits of mainstream media through her versatility in her work. Music aside, Madonna has not only proven herself to be a scholar through her various academic works, but a mogul as well. Through her number of enterprises like Hard Candy Fitness, Boy Toy Inc., Siren Films and even her non-profit initiatives like Raising Malawi and the Ray of Light Foundation.
2. Taylor Swift ($740 million)
No surprise Taylor Swift has made it to this list, although some may have thought she’d be in the #1 spot. While clearly raking in millions on her current Eras tour, Taylor has also brought in a large part of her worth through previous releases, and re-recording them to regain ownership. Her most recent album, Midnights, which arrived in October 2022, earned Swift the title of the first artist in history to claim the top ten spots on the Billboard Hot 100 song list. Takes a lot to top Taylor, but turns out there’s one other mega-star who did…
1. Rihanna ($1.4 billion)
Did you guess correctly? Rihanna’s number one, baby, making her the wealthiest female musician to date! And it really shouldn’t come as a surprise. She got her start making music, obviously, but with her stepping into the beauty and clothing lanes, with Fenty Beauty, Fenty Skin and Savage X Fenty, the rise to number one was inevitable! TIME listed Fenty Beauty as one of “The Best Inventions of 2017,” as the launch of her brand single-handedly changed the game by offering a wide range of 40 foundation shades, changing the image of what diversity and inclusivity looks like in the makeup industry.