For the third time in a row, Rihanna is listed by Forbes as the youngest self-made billionaire.
The 34-year-old Barbadian singer and businesswoman Rihanna has a staggering net worth of $1.4 billion.
Even though she still gets money from music, the majority of her wealth comes from lingerie, cosmetics, and skincare. Her three retail beauty brands, Fenty Beauty, Fenty Skin, and Savage X Fenty, are where she has accumulated all of her fortunes.
She is the only billionaire under 40 and is ranked 21st overall by Forbes. According to a March Bloomberg article, Savage X Fenty lingerie had a $3 billion valuation and intended to go public. Savage X Fenty underwear and Fenty Beauty, which generated $550 million in sales in 2020, are both owned by Rihanna to the tune of 30% each.
Rihanna’s focus on diversity and inclusion by making lingerie and makeup for all skin types and body sizes and using influencers to market her products has made her a household name.
Only Kim Kardashian ranks higher than her, Kim is worth an estimated $1.8 billion, but she is much older at 41 years old. Kylie Jenner isn’t part of the billionaire’s club anymore, as she is worth only $600 million. All these make Rihanna, the ultimate beauty boss.
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