After declaring and then stripping Kylie Jenner of the Youngest Self-Made Female Billionaire title in 2019, Forbes is probably thrilled to have a for-real self-made billionaire to top their 2022 list. Especially because that person is Rihanna. At 34, she is now – legitimately – the youngest female self-made billionaire in America. The right excellent Rihanna is also the first billionaire in Barbados. This, of course, is thanks to her Fenty Beauty and her Fenty x Savage lingerie. So what does our reigning Billionaire Boss plan to do next? She’s suggesting it’s new music. Don’t tease us, Rihanna.
At 34, Rihanna is the youngest person on Forbes’ 2022 list of self-made female billionaires in the United States.
The 34-year-old is now the youngest self-made female billionaire in the United States after amassing a net worth of $1.4 billion, according to Forbes’ 2022 list. Her impressive milestone comes more than three years after the outlet bestowed the much-coveted title to Kylie Jenner, who is estimated to have a current net worth of $600 million.
According to Forbes, Rihanna—as co-owner of Fenty Beauty and holder of 30 percent stake in her Savage x Fenty lingerie line—is also her native Barbados’ first billionaire, as well as the only woman under 40 on this year’s list of female billionaires in the U.S.
Her net worth may soon go up, too. The singer, who recently welcomed her first child with A$AP Rocky, has been teasing that she has new music in the works.“I’m looking at my next project completely differently from the way I had wanted to put it out before. I think this way suits me better, a lot better,” she told Vogue. “It’s authentic, it’ll be fun for me, and it takes a lot of the pressure off.”
I get dizzy reading all these numbers. I still can’t conceive of how much money these people make. The list of other very wealthy people had Bumble founder Whitney Wolfe Herd at $740M and Taylor Swift at $570M. Kylie’s also on there, for about $900M. That might change but, I mean, does it matter when you get up to those amounts? I guess it’s the bragging rights, but not for Rihanna. She seems like she’s got a different game plan. I don’t think she’s upset at the money, of course, but I really think she went about building the business she wanted. I believe that’s why she stepped away from music, because she is involved and not just lending her name to a product. Plus, she’s got her charity and her fight to get access to education for everyone – she has a plan for all of it so the youngest female billionaire title is no surprise. Not only is it well-earned, it’ll be put to good use.
Now about that new music…
Photo credit: Avalon Red, Instagram and Getty Images
I lost respect for these fortune lists ages ago.
I think she has an eye shadow palette called Sour Grapes.
No wonder Revlon filed for bankruptcy.
Billionaires shouldn’t exist, that they exist (and that there are so many of them) shows just how badly the capitalist system is rigged.
Yup, I agree. Every billionaire is a market failure. No wonder America has such great income inequality.
Go, her. She’s worked for a long time and is really disciplined. It’ll be fun to see where she takes her empire.
I love that Rihanna is so intentional about her charitable efforts. She’s not just donating money. She gets involved. She is like a low-key Angelina, except that her interest lies in education rather than refugees. So happy for her. I remember reading a story many years ago about her financial managers mismanaging her money and making her almost broke. The fact that she overcame that and then some…good on her. What has Kylie done for society lately? (Sorry, had to throw that in there. Wealthy people who don’t give back vex me).
That was my first thought as well, Mina_Esq. What do any of the Kardashian billionaire-adjacent-a$$holes give back to society for making them rich except for eating disorders, body dysmorphia, low quality swimsuits and endless brainless drivel tv? Sorry PMS misery today and I don’t care LOL
Seriously, Elon Musk made me angry too. Does he even think of what his 40 billion twitter dollars would do for the world? It’s sickening how high the top 1% lives and the rest of us are out here struggling. Yet people still worship them. “The American Dream” can only be achieved on the backs of the consumer.
Go RiRi!
Fenty Beauty was the first company out there to create foundation in colors that actually match my skin. I love that Rihanna turned a challenge into an opportunithy. That has been a great business decision, yes, but also a meaningful way to have a positive impact for millions of people, and to put more fun and positivity out into the world. Very Yay!
As someone in our family with a background in the financial field told me, the stated net worth of people in these lists is ” on paper”, not actual cash in the bank.
❤️
I love RiRi, I love her stuff, I love her music. The fact of the matter is, though, that you cannot become a billionaire without exploiting people. It’s great that she’s so into charity, but that money is tainted. Needless to say, I’m very conflicted.
Fenty Beauty complexion products have always worked really well for me. And I am addicted to their Gloss Bomb formula. I’m glad she is using her money to fund education projects for her home country. She can do so much good there and make a difference.
Queen!
Profits from legitimate sales of actual usuable products.
With help she actually created usuable products.
Good on her.