Home NEWS Forbes: Rihanna Recognized As The Youngest Self Made Female Billionaire

Forbes: Rihanna Recognized As The Youngest Self Made Female Billionaire

by Oyindamola Sanni
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Rihanna

At the age of 34, Rihanna Robyn is now known as the youngest female on the Forbes list of “America’s Richest Self-Made Women”. 

The “Umbrella” singer is the 21st youngest self-made female billionaire in the United States with a net worth of $1.4billion and she is the only woman under 40 on the list. The singing sensation is also the first billionaire of her home country Barbados. 

Rihanna Robyn is the co-founder of beauty business “Fenty Beauty,” which generated over $550 million in revenue in 2020. The other half of the company is owned by French luxury fashion conglomerate LVMH (Louis Vuitton Moët Hennessy) .

She simultaneously holds a 30% stake in her  lingerie line, Savage x Fenty.

Bloomberg reported that the Savage X Fenty lingerie line was working alongside professionals on an IPO that may be probably valued at $3 billion back in March, 2022. 

Nevertheless, despite the breathtaking numbers, Rihanna has made it clear that she doesn’t dwell on the accolades. 

Read More: See New Photos of Pregnant Music Star Rihanna

Rihanna told ‘The New York Times Magazine’ that her impressive success with the business wouldn’t stop her from working. 

She also said, “My money is not for me; it’s always the thought that I can help someone else,”.

“The world can really make you believe that the wrong things are priority, and it makes you really miss the core of life, what it means to be alive,” she said.

Other celebrities on the list of self-made women are Taylor Swift ($570 million), Madonna ($575 million), Sandra Bullock ($225 million), Kylie Jenner ($600 million), Kim Kardashian ($1.8 billion), Beyoncé ($450 million), Reese Witherspoon ($430 million), Serena Williams ($260 million), Kris Jenner ($230 million) and more. 

Miss Robyn welcomed her first child with A$AP Rocky, in May 2022. TMZ reported that the couple’s first baby together was born on May 13 in Los Angeles; however, the child’s name is yet to be disclosed. 

 

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