Rihanna, a mega star singer who also runs a cosmetics line, has been named on the Forbes’ list of the richest self-made women in America for the first time.
She made it into the prestigious list with a net worth of $600m.
Forbes said the Fenty Beauty founder made it to the 33rd position on the list.
Read More
According to Forbes, Rihanna’s music and her cosmetics line alongside its partnership with LVMH contributed a large part to her mega financial success.
Forbes approximated that that Fenty Beauty alone made more than $600m in sales last year.
The 32-year-old singer’s lingerie brand Savage x Fenty also contributed significantly to her total net worth and she co-owns it with Techstyle Fashion Company.
The native of Barbados is reportedly one of the most charitable celebrities and her Clara Lionel Foundation raised over $22.5m for Covid-19 relief alongside her own donation of over $8m.
Rihanna now joins other celebs Kylie Jenner with a net worth of $700m, Madonna with $550m, Taylor Swift with $356m and Jennifer Lopez with a net worth of $150m in the Forbes rich list.
Co-founder and chair of ABC Supply, Diane Hendricks, still tops the list of richest self-made women in America with a net worth of $8bn.