Rihanna Dethrones Kim Kardashian To Become The Youngest Self-Made Female Billionaire
Rihanna is dethroning Kim Kardashian as the youngest-self-made female billionaire in America. The 34-year-old mogul de-throned Kim Kardashian’s title after earning $1.4B, according to Forbes.
Kim, 41, first garnered the title of youngest self-made billionaire woman in 2021 when she was increased her net worth from October 2020 to April 2021 from $780 million to $1 billion.
Rihanna is the only woman younger than 40 to make it to the annual list of America’s richest self-made women, which was released by Forbes in June. It has also been reported that she may be planning to take her lingerie company, Savage X Fenty, public through an offering that would value the company at $3 billion.
The musician and entrepreneur first became a billionaire last August and became the richest female musician in the world and the second richest female entertainer after Oprah Winfrey.
But that’s the only thing that the beauty mogul is celebrating. Her and her beau A$AP Rocky reportedly welcomed their first child together in May, a baby boy, according to multiple outlets.
Per TMZ, who was first to report the news, the little one arrived on May 13 in Los Angeles, but further details including a name are not yet known.
How much is Rihanna’s fortune?
RiRI” has reached the mark of 1,400 million dollars of net worth.
Forbes estimates that the singer’s net worth comes mainly from her music and cosmetics companies.
The artist’s riches also make her the world’s richest female musician, Forbes had previously reported.
How did she get so wealthy?
Although Rihanna is primarily known for her musical side, most of her money comes from her brands Fenty Beauty, Fenty Skin and Savage X Fenty.
The singer owns 50% of Fenty Beauty, which reportedly brought in $550 million in 2020. She also owns a 30% stake in her Savage X Fenty lingerie brand.
Despite great fortune, she not planning on stopping
In 2019, Rihanna told the New York Times that she doesn’t plan to stop working despite the fortune she has amassed.
“I never thought she would make so much money, so a number won’t stop me from working,” she said.
“The money means I can take care of my family,” she continued. “The money means I can facilitate the businesses that I want. I can create jobs for other people,” she said.