34 year old Rihanna is the youngest self-made female billionaire in the United States, with a net worth of $1.4 billion, according to Forbes’ 2022 list.
Rihanna‘s impressive achievement comes more than three years after Kylie Jenner, whose current net worth is estimated to be $600 million, was awarded the coveted title.
According to Forbes, Rihanna, as co-owner of Fenty Beauty and owner of a 30% stake in her Savage x Fenty lingerie line, is also the first billionaire in her native Barbados, as well as the only woman under 40 on this year’s list of youngest self-made female billionaires in the United States.
Her net worth may soon rise as well. The singer, who recently gave birth to her first child with A$AP Rocky, has hinted that she is working on a new project.
“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.”
However, this is not to say that Kylie’s fortune is not impressive. According to Forbes, the 24-year-old Kardashians star is still the youngest member of America’s richest self-made women, which also includes Taylor Swift [$570 million] and Bumble founder Whitney Wolfe Herd [$740 million]. Kylie is on the list for the fifth year in a row.
Kylie joined the list of the youngest self-made female billionaires in 2019 after signing a distribution deal with beauty retailer Ulta to sell Kylie Cosmetics products, which were previously only available online or at pop-up shops.
If I recall correctly, Forbes reported at the time that the strategic move boosted Kylie Cosmetics’ estimated worth to “at least” $900 million, making its founder a billionaire.
Kim Kardashian ($1.8 billion), Madonna ($575 million), Taylor Swift ($570 million), Celine Dion ($470 million), Beyonce ($450 million), Reese Witherspoon ($430 million), Barbara Streisand ($425 million), Ellen DeGeneres ($380 million), Dolly Parton ($375 million), Serena Williams ($260 million), Kris Jenner ($230 million), and Sandra Bullock ($225 million) are among the other celebrities on the list.