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Rihanna and Peter Jackson make Forbes' billionaires list for the first time

Watch: Rihanna has made Forbes billionaire list

Rihanna has made the Forbes billionaires list for the first time.

The pop star turned business mogul joins Lord Of The Rings director Peter Jackson, who also made his debut on the financial bible's 2022 list of international billionaires, which was released on Tuesday.

Rihanna and Jackson entered the rankings at 1,729 and 1,929 respectively joining an elite group of fellow entertainers, including list regulars, Kanye West and Jay-Z.

Read more: Rihanna shares intimate snap of her baby bump

According to the business magazine, Rihanna, 36, has an estimated fortune of $1.7 billion (£1.4 billion) thanks to her successful cosmetics line Fenty Beauty and lingerie brand Savage x Fenty.

 Rihanna celebrates the launch of Fenty Beauty at ULTA Beauty on March 12, 2022 in Los Angeles (Getty)
Rihanna celebrates the launch of Fenty Beauty at ULTA Beauty on March 12, 2022 in Los Angeles (Getty)

Fenty Beauty generated more than $550 million (£420 million) in 2020, Forbes said.

The pregnant star owns 30 percent of the Savage x Fenty lingerie line, which was worth a billion dollars (£765 million) when evaluated in February 2021.

The singer, who is currently expecting her first child with rapper ASAP Rocky, is also her native Barbados’ first billionaire.

Jackson, became a billionaire last November thanks to selling part of his Weta digital film effects shop to Unity Software for $1.6 billion (£1.2 billion) in cash and stock.

Peter Jackson's most recent project was The Beatles: Get Back. (Apple Corps)
Peter Jackson's most recent project was The Beatles: Get Back. (Apple Corps)

The company famously used motion capture by actor Andy Serkis to create the on-screen visualisation of the villainous character Gollum.

According to Forbes, the director's franchises LOTR and The Hobbit have grossed $6 billion (£4.5 billion) internationally.

Rihanna and Jay Z attend Roc Nation Pre-GRAMMY brunch in Los Angeles, California (Getty Images)
Rihanna and Jay Z attend Roc Nation Pre-GRAMMY brunch in Los Angeles, California (Getty Images)

Meanwhile, ranking at 1,513, rapper Kanye West is valued at $2 billion (£1.5 billion) with his lucrative fashion brands and a multi-year deal to design sportswear for his brand Yeezy for Adidas.

The controversial rap star, who has recently divorced from billionaire reality TV star Kim Kardashian, has since reportedly said that Forbes have underestimated his net worth, which he claims to be $7 billion.

According to The Blast, a source close to the 'Jesus Walks' hitmaker said that Forbes is trying to "control and diminish him even at the cost of their own integrity."

His claims are yet to be verified.

Kanye West, pictured with ex-wife Kim Kardashian in 2019, claims that his wealth has been underestimatred by Forbes
Kanye West, pictured with ex-wife Kim Kardashian in 2019, claims that his wealth has been underestimatred by Forbes

His former pal and mentor, music-mogul Jay-Z is valued at $1.4 billion (£1 billion) at 2,076 on the Forbes world billionaires list.

Tesla and SpaceX founder Elon Musk is back on the top spot with a whopping 219 billion dollars (£167 billion), followed by Amazon founder Jeff Bezos at 171 billion dollars (£131 billion).