Monday, 15 August 2022

Rihanna Dethrones Kim Kardashian As America’s Youngest Self-Made Billionaire

Rihanna has set a high bar in her debut year on forbes World’s Billionaires list.

At 34, the nine-time Grammy winner and beauty brand proprietor has been named as the the youngest self-made billionaire in the U.S. with a net worth of $1.4 billion. She takes the title from 41-year-old Kim Kardashian, who has a net worth of $1.8 billion. Both also appear on Forbes’ list of Twitter’s most-followed billionaires, which Rihanna leads.

As Forbes notes, Rihanna’s immense fortune was made in music career and her entrepreneurial endeavors. Her biggest brand is Fenty Beauty, which is co-owned by French luxury retailer LVMH and generated $550 million in 2020. She also has a 30 percent stake in Savage x Fenty lingerie, which had a $1 billion valuation in 2021.

Being Barbados’ first billionaire apparently hasn’t gone to Rihanna’s head, though.

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