Rihanna remains one of the most successful singers in the music industry as she continues to be better for herself. Her love life truly changed for the better after meeting A$AP Rocky, and they are truly a family now. Rihanna has once again made it to the Forbes’ annual list of the richest self-made women in America.
The youngest woman in the United States to become a self-made millionaire didn’t grow up in a Manhattan skyscraper or in the Hollywood Hills. Rihanna instead built her wealth through her own music and business endeavors. The 34-year-old singer and CEO of Fenty Beauty just reached Forbes’ annual list of the richest self-made women in America for the third consecutive year.
She came in at number 21 overall and is the only billionaire under 40 on the list. Rihanna has a $1.4 billion net worth, some of which comes from her lucrative music career. Her three retail businesses, Fenty Beauty, Fenty Skin, and Savage X Fenty, account for the most of it.
According to a March Bloomberg article, Savage X Fenty underwear was collaborating with consultants on a potential $3 billion initial public offering (IPO). That business is 30% owned by Rihanna. She also owns 50 percent of the $550 million in revenue 2020 brand Fenty Beauty.
The French luxury fashion corporation LVMH owns the remaining fifty percent of the business. Although the figures are outstanding, Rihanna has stated that she doesn’t place much importance on ratings and recognition. She stated in 2019 in The New York Times’ T Magazine that she never intended to become wealthy and that achieving financial success wasn’t going to stop her from working.
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