In June, Forbes introduced its 2022 list of “America’s Richest Self-Created Girls,” which ranks the wealthiest girls in the United States.
The report found that, at 34, Rihanna is America’s youngest self-created billionaire lady with an approximated web really worth of 1.4 billion. Rihanna is ranked 21st on the listing.
This position can make Kim Kardashian, 41, the nation’s second-youngest billionaire.
The Barbados singer dominated the pop charts due to the fact “Pon de Replay,” her 2005 breakout strike. Nonetheless, her financial success largely stems from her Fenty Natural beauty cosmetics line and her Savage x Fenty lingerie line.
In accordance to Forbes, Fenty Attractiveness, which she co-owns with French luxurious retailer LVMH, created much more than $550 million in profits in 2020.
Forbes mentioned Fenty Splendor constitutes the “the greater part of her fortune.” But Savage x Fenty, a lingerie brand name, had a $1 billion valuation as of February 2021.
Speaking to the report, Justin Sylvester — who filled in for Jenna Bush Hager on Wednesday’s episode of Today With Hoda and Jenna — explained he thinks that Rihanna is a smart businesswoman for the reason that she helps make merchandise that persons will normally want.
“Which is how she bought it,” Sylvester stated. “Persons are normally going to have on makeup and they’re constantly heading to don lingerie. Arrive on! Am I wrong?”
The co-host of E!’s “Daily Pop” shared a moment that he had with Rihanna at a Savage x Fenty present that took spot previously this yr, in which she dealt with her wealth.
“She told me that revenue would make her uncomfortable,” he said. “Conversing about it, individuals congratulating her on getting a billionaire. She’s like, ‘I you should not want it. I am going to give it to any individual and make other people’s lives better.”
“Which is what she’s doing with the income,” Sylvester ongoing.
According to People, Rihanna gave birth to her and boyfriend A$AP Rocky’s very first youngster, a boy, in May 2022.
In January, information broke of Rihanna’s being pregnant when the singer was photographed carrying an unbuttoned pink jacket, displaying off her little one bump, in New York City.