Author : Alicia Parker
Forbes has declared Rihanna the youngest self-made female billionaire in the US in their recent 2022 list. The 34-year-old singer has earned the title with her current net worth reaching $1.4 billion recently. She earned all that wealth from her music and beauty business. Rihanna is at No. 21 on the list of America’s Richest Self-Made Women list published by Forbes.
She happens to be the youngest woman with a net worth of over one billion dollars on the list. She has recently made a fortune from her cosmetic line Fenty Beauty, which has gained massive success all over the world.
Her Fenty Beauty products are highly demanding among women of all nationalities and colors all over the globe. The line is known for offering beauty products that come in a wide range. As per the reports of Forbes, she has a 30% stake in the Savage x Fenty lingerie line as well and it is responsible for the $1 billion valuations that were achieved in February 2021. The lingerie line is also very famous around the world and Rihanna herself is always promoting them by wearing them herself and posting her pictures wearing them. Rihanna is Barbados’ first billionaire and became the richest female musician in the world in April.
Bloomberg also reported in March that Savage X Fenty lingerie was preparing for an IPO that could be valued at $3 billion. She is the owner of half of her cosmetics line Fenty Beauty which garnered revenue of $55o million in 2020 only. The other half of the beauty line is owned by the French luxury fashion organization LVMH.
There were many other celebrities on the list of the richest self-made women. Former richest self-made youngest woman Kylie Jenner is on the list with a net worth of $600 million, Kim Kardashian at $1.8 billion, Madonna with $575 million, Taylor Swift with $570 million, Beyonbcé with $450 million, Reese Witherspoon is at $430 million, Serena Williams with $260 million, Sandra Bullock with $225 million, Kris Jenner with $230 million, many more. The nine-time Grammy Winner has said in a 2019 interview that she never planned to make a fortune and it will not stop her from working. She has also revealed that she wanted to give away her money to the needy as she always thought she could help someone else with the money. RiRi started the Clara Lionel Foundation, a philanthropy fund in 2012. It supports and funds pro-education and climate initiatives.
Rihanna has recently achieved another milestone in her life by giving birth to her first child with A$AP Rocky. She became a mother to her baby boy in May 2022. She announced her pregnancy at the end of January after she was spotted with the rapper in New York City. She has since been flaunting her pregnancy with grace and beauty and sharing her journey with her followers. She has been walking in the Paris Fashion Week, Milan Fashion Week, and more showcasing her maternity style.
After Rihanna, the second youngest billionaire on the list published by Forbes is Kim Kardashian. She has a net worth of $1.8 billion. Kim Kardashian’s younger sister Kylie Jenner is the youngest non-billionaire on the list at the age of 24 with a net worth of $600 million. The follow-up of her 2016 ‘Anti’ is still in the works. Rihanna continues to impress the world with her music and different business ventures.
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