August 17, 2022

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Passion For Fashion

Rihanna dethrones Kylie Jenner as the youngest woman to become self-made billionaire

2 min read

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34-12 months-outdated international megastar Rihanna continues to shine like a diamond as the singer is now the youngest woman to be named on Forbes’ yearly self-made ladies record, snatching absent a title the moment bestowed to “The Kardashians” star Kylie Jenner.

The “Diamonds” singer is now sitting down at a net truly worth of $1.4 billion.

Appearing at quantity 21 on the coveted list, the Barbados-born singer’s earnings have designed her the wealthiest woman musician in the globe, where the outlet approximated her internet value of $1.4 billion comes generally from her cosmetics ventures and then audio.

The singer produced her begin in tunes, but for the previous couple of several years, in accordance to Forbes, the greater part of her earnings appear from her money-maker models Fenty Attractiveness, Fenty Pores and skin, and Savage X Fenty. Rihanna owns 50% of Fenty Natural beauty, which reportedly brought in $550 million in 2020. She also owns a 30% stake in her lingerie brand name, Savage X Fenty.

Now with a new baby in tow, you’d be outrageous to imagine the “Work” singer plans to gradual her reign.

“I never ever thought I’d make this considerably income, so a selection is not going to prevent me from functioning,” Rihanna informed the New York Moments in 2019. “The dollars means I can consider care of my spouse and children. The income suggests I can aid the businesses that I want to. I can develop work opportunities for other persons.”

The beauty mogul is the only billionaire under the age of 40 on the checklist, surpassing the future youngest billionaire on the Forbes record – Jenner’s older sister, 41-year-old Kim Kardashian – who has a web value of $1.8 billion.

Read through more by way of Fox Business enterprise.

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