In June, Forbes released its 2022 listing of “America’s Richest Self-Designed Ladies,” which ranks the wealthiest gals in the United States.
The report identified that, at 34, Rihanna is America’s youngest self-created billionaire woman with an believed internet truly worth of 1.4 billion. Rihanna is rated 21st on the listing.
This position helps make Kim Kardashian, 41, the nation’s 2nd-youngest billionaire.
The Barbados singer dominated the pop charts since “Pon de Replay,” her 2005 breakout strike. However, her financial accomplishment largely stems from her Fenty Magnificence cosmetics line and her Savage x Fenty lingerie line.
In accordance to Forbes, Fenty Magnificence, which she co-owns with French luxury retailer LVMH, produced a lot more than $550 million in profits in 2020.
Forbes said Fenty Beauty constitutes the “greater part of her fortune.” But Savage x Fenty, a lingerie brand name, had a $1 billion valuation as of February 2021.
Talking to the report, Justin Sylvester — who filled in for Jenna Bush Hager on Wednesday’s episode of Today With Hoda and Jenna — stated he thinks that Rihanna is a clever businesswoman since she tends to make solutions that persons will often want.
“That is how she bought it,” Sylvester mentioned. “People are generally going to wear makeup and they’re normally likely to dress in undies. Arrive on! Am I incorrect?”
The co-host of E!’s “Daily Pop” shared a moment that he experienced with Rihanna at a Savage x Fenty present that took put before this yr, in which she resolved her prosperity.
“She explained to me that income would make her unpleasant,” he mentioned. “Talking about it, folks congratulating her on remaining a billionaire. She’s like, ‘I don’t want it. I am going to give it to any individual and make other people’s life superior.”
“That’s what she’s accomplishing with the revenue,” Sylvester continued.
In accordance to Individuals, Rihanna gave start to her and boyfriend A$AP Rocky’s 1st boy or girl, a boy, in May well 2022.
In January, news broke of Rihanna’s pregnancy when the singer was photographed wearing an unbuttoned pink jacket, showing off her little one bump, in New York Town.