No longer does Rihanna have to demand that “B**ch better have my money!” Among the publication’s annual ranking of the nation’s most financially successful female business owners, executives, performers, and more, Forbes published its 2022 list of “America’s Richest Self-Made Women” in June.
Rih-Rih is officially the youngest self-made billionaire in the United States, with a net worth of $1.4 billion. With a net worth of $1.8 billion, Kim Kardashian was the 16th richest person in the world with her cosmetics and fragrances brand KKW Beauty and her shapewear company Skims. She has since been overtaken.
The Youngest Self-Made Female Billionaire at 34
After Oprah Winfrey became the richest female entertainment, Forbes declared in August 2021 that Rihanna had officially become the world’s second-richest female artist. According to the magazine’s estimates, the singer’s net worth has increased significantly due in large part to her forays into the worlds of beauty and design.
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Forbes verifies that Rihanna owns 50% of Fenty Beauty, which accounts for the majority of the mogul’s net worth, which is astounding given that the business was just created in 2017. But this isn’t surprising, given the brand’s recent popularity.
Besides her lingerie firm Savage x Fenty and her success as a musician and actress, the remainder of Rihanna’s fortune comes from her investments and earnings. This company’s initial public offering (IPO) might be worth $3 billion or more, according to Bloomberg’s reporting in March.
Aside from being a co-owner and a 30% stakeholder in the lingerie brand, Rihanna is also Barbados’ first-ever billionaire and the only woman under 40 on this year’s list of female billionaires in the United States.
At the age of 24, Kylie Jenner is the magazine’s youngest self-made billionaire, making her the magazine’s youngest non-billionaire on the list. After looking into her current net worth of $600 million, the publication decided to remove the title from her.
For years, Forbes claimed that Kylie lied about her profits and said that she backed up the numbers with fabricated tax returns. An attorney for Michael Kump and a mother of two have rejected the media outlet’s assertions.
In May, Rihanna gave birth to her first child with partner A$AP Rocky, adding “mother” to her extensive list of accomplishments. ‘The singer gave birth to a boy in Los Angeles with A$AP by her side,’ a source told ET, according to ET.
At the time, a source claimed that the couple had “not left each other’s side.” “They are in a state of ecstasy. She’s been eagerly anticipating being a mother for quite some time. This baby is going to be dressed to the nines when he grows up.”