Rihanna beats Kim Kardashian to become the youngest self-made billionaire woman in the US.
The 34-year-old singer made it to the Forbes’ list for the “third year in a row” ranking 21st, according to the New York Post.
Which makes the singer the “only billionaire under 40” on the list.
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But Rihanna was not the only one to compete, as reality star Kim Kardashian was not far behind…
Kardashian, 41, who has always seemed to top the list, has a net worth of approximately $1.8 billion and was next in line as the youngest billionaire.
And it’s not just a Kardashian who made headlines previously, as her sister Kylie Jenner ranked as the “youngest non-billionaire” at the glamorous age of 24!
Yes you read that right – the Kylie Jenner cosmetics CEO grabbed the limelight from her sister Kim Kardashian in 2018, after being crowned by Forbes’ as the youngest self-made billionaire.
But soon enough, a recalculation of her net worth came to light, after which the mom-of-two lost her title. According to reports, Jenners’ net worth currently is $600 million.
But coming back to Rihanna, the ‘Diamonds’ singer’s net worth comfortably sits at $1.4 billion, which as per reports is “partly” due to her successful music career.
While she’s undoubtedly very popular among the masses, the singer has earned approximately $22.3 million from her last studio album in 2016 titled: Anti – but that’s not all people…
Rihanna’s tour from that year generated a whooping $110 million…
Believe it or not it’s the truth, my friend!
And it’s not a surprise how “most of her wealth comes from her entrepreneurial endeavors…”
Including Fenty Beauty and Savage X Fenty.
Fenty Beauty is reportedly worth $2.8 billion…
And according to Forbes, the nine-time Grammy Award winner’s “stake in the fast-growing cosmetics company” is where the majority of her fortune lies.
Bloomsberg also reported that Savage X Fenty lingerie was working closely with advisors on an “initial public offering,” which could value the company at “$3 billion or more.”
Rihanna owns “30 percent” of that company, according to reports.
Apart from all the houses the singer owns in Hollywood and Barbados, the Love on the Brain singer has now started a philanthropy fund called the Clara Lionel Foundation...
It aims to “support groundbreaking education” as well as tackling “climate resilience.”
Congratulations to Rihanna!