Forbes released its annual list of America’s richest self-made women last week, which included Rihanna for the third year in a row. But this time, she’s the only billionaire under 40, making her the youngest woman to ever make the list. Landing at No. 21, the Barbadian beauty has a net worth of $1.4 billion.
While some of that money is from her music career, the bulk of it comes from her three retail companies: Fenty Beauty, Fenty Skin and Savage X Fenty. According to MSNBC, Savage X Fenty lingerie was working with advisors on an IPO that could potentially be valued at $3 billion. Not only does she own 30 percent of that company, the 34-year-old also owns half of Fenty Beauty, which pulled in over $550 million in revenue in 2020.
In a 2019 interview with New York Times T Magazine, Rihanna made it clear her massive fortune was essentially a happy (and wildly fruitful) accident. Reaching financial milestones, she said, was “not going to stop me from working.”
She added, “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.”
Rihanna is in the company of 99 other self-made women, including last year’s youngest Kylie Jenner ($600 million), Taylor Swift ($570 million), Beyoncé ($450 million), Kim Kardashian ($1.8 billion), Reese Witherspoon ($430 million), Serena Williams ($260 million), Sandra Bullock ($225 million) and Madonna ($575 million).
Find the full list here.
um thank calling me a bitch bitches know I’m head flock-peaches Fenty
Self made , lol
from pon de replay to self made billionaire. well. well done.
Self made is such a relative term she had business partners who had the ideas for the various businesses. Are they certain she has a billion? Several years ago they claimed that Kylie had a billion, but no the company she owned part of was worth a billion. I think the same thing with Kim the companies she partially owns are worth that much, but she does not own all the stock. No hate not saying that they all don’t have money, but not that much. Mike Jordan is a billionaire because he owns a majority share in his basketball team with minority partners, though with Jordan Brand Mike gets a minority share. I just read Jordan Brand the other day the Brand had like 5-6 billion in revenue last year, yet Mike only earned a 150 million. Y’all step your business I.Q. up family.