Rihanna JUST announced that she's launching her own MAKEUP line

Rihanna has announced that she's launching her own makeup collection, and we are SERIOUSLY excited.

Then makeup line is called "Fenty Beauty by Rihanna" and it will be in collaboration with the Kendo division of LVMH and is set to arrive in stores in 2017.

It has been estimated that LVMH paid as much as $10 MILLION (US) to seal the deal with the Rih Rih.

Rihanna has previously worked with MAC Cosmetics back in 2013, and has also worked with Viva Glam lipstick in 2014 to help raise funds for AIDS research.

Kendo want Rihanna to play a key role in the development of her brand and the longevity of a long-term relationship.

[Photos: Instagram]