The youngest billionaire in America, Rihanna did not grow up in the skyscrapers in Manhattan or Hollywood Hills, but she made money thanks to music products and business projects.
34 -year -old singer and CEO Fenty Beauty Rihanna is the youngest billionaire in the United States, according to Forbes rankings. This is the third consecutive nomination of her and the only female billionaire under 40 years old.
Rihanna currently has a net worth of up to US $ 1.4 billion thanks to its own music products and business projects. It owns three famous brands: Fenty Beauty, Fenty Skin and Savage X Fenty. Bloomberg reported that Rihanna’s Savage X Fenty lingerie brand, in collaboration with financial advisors, offered the first public stock in March.
If successful, the company could mobilize 3 billion. USD. Rihanna owns 30% stake in Savage X Fenty. The singer owns 50% of the Fenty Beauty brand, the rest belongs to LVMH luxury group. This brand was launched in 2017 and quickly achieved success when generating more than $ 550 million in revenue in the first year.
In a 2019 interview with The New York Times, Rihanna said she was not interested in the title or achievement shared. People 9 times winning the Grammy prize said he wanted to use the money to help his community.
“The money I earn is not only for me. Rihanna founded the Clara Lionel Fund (CLF) in 2012. The fund was established to support and sponsor pioneering initiatives in education and the ability to submit to In the climate.
Only a year later, the organization cooperated with Mac Cosmetics to raise funds of $ 60 million for women and children infected with HIV/AIDS through the sale of Rihanna lipstick. In January, CLF was associated with Working with the #Smartsmall initiative of the co -founder of Twitter Jack Dorsey to raise a total of $ 15 million for 18 climate groups. Net worth US $ 1.8 billion, according to Forbes.
Kylie Jenner, 24, also named in the list with $ 600 million. Kardashian and Jenner sisters have succeeded in entertainment, retail, fashion and American industry Products.
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