We absolutely love to see a young queen thriving and you bet your ass Rihanna is doing just that.
Rihanna is officially worth $1.4 million USD making her America’s youngest self-made billionaire. That’s right, it’s not that impressive when the world was handed to you *ahem* Kylie…
Rihanna, unlike so many other billionaires, didn’t grow up waiting to inherit her fortune but instead worked her butt off to create wealth from her music and entrepreneurial ventures.
The 34-year-old icon and new mumma recently made Forbes’ annual list of America’s richest self-made women for the third year in a row.
While Queen Rih Rih was ranked 21st richest in the list, she was the only billionaire listed who was under the age of 40!
It sounds like being a fabulous and assertive woman telling the world “Bitch better have my money” really paid off.
I’m kidding of course. While we all know and LOVE Rihanna’s impressive discography, the singer makes most of her money from her very successful retail companies: Fenty Beauty, Fenty Skin and Savage X Fenty.
According to Forbes, Rihanna’s beauty line raked in more than $550 million in revenue in 2020 alone and her lingerie line Savage X Fenty, in which she holds a 30 per cent stake, was evaluated at $1 billion in February 2021.
Now that Rihanna was listed as the youngest self-made woman in the US by Forbes, I was shocked to know she actually dethroned Kylie Jenner, who once held the title.
What’s shocking to me is that I wouldn’t really consider Kylie to be self-made but apparently, that’s not why the young influences lost her spot.
Two years ago Forbes magazine said it no longer believed Kylie Jenner’s net worth made her a billionaire.
“Kylie’s business is significantly smaller, and less profitable, than the family has spent years leading the cosmetics industry and media outlets, including Forbes, to believe,” the magazine said.
Anyway, back to Rih Rih… The best part about Rihanna’s incredible wealth is that this sweet angel spreads the love!
In 2012, the songstress launched the Clara Lionel Foundation, an organisation that funds groundbreaking education and emergency preparedness and response programs.
In an interview with the New York Times’ T Magazine Rihanna 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.”
What a fricken babe. Is anyone else thinking Rihanna should run the world?