Rihanna Is America’s Youngest Self-made Billionaire Woman
Rihanna, at the age of 34, has a net worth of $1.4 billion, making her the youngest U.S. billionaire worldwide.
The artist and businesswoman, who is 34 years old, was recently included on the annual list of America’s richest self-made women by Forbes for the third year in a row. She ranked 21st overall and was the only person on the list who was under the age of 40.
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Rihanna Is America’s Youngest Self-made Billionaire
Rihanna has amassed a considerable fortune due to her illustrious career as a musician and her various business endeavors, including Fenty Beauty, Fenty Skin, and Savage X Fenty.
Bloomberg recently published an article stating that Savage X Fenty lingerie was in the process of engaging with advisors on an initial public offering that could value Rihanna’s company at more than $3 billion. She holds a thirty percent stake in the business. Savage X Fenty is currently collaborating with several financial institutions, such as Goldman Sachs Group Inc. and Morgan Stanley. Additionally, Rihanna is a co-owner of fifty percent of Fenty Beauty, which was responsible for the revenue of $550 USD million. The other fifty percent of the company is owned by the French luxury fashion behemoth LVMH.
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Rihanna has claimed that valuations and commendations were not the primary emphasis of her work, even though the outcome metrics are extraordinary. In 2019, she stated in an interview with The New York Times, “I never dreamed I’d make this much money, so a figure is not going to stop me from working.”
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