Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the rank-math domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/allnimfuu/allnaijaentertainment.com/wp-includes/functions.php on line 6114
Rihanna Emerges As America’s Youngest Self-made Billionaire Woman – All Naija Entertainment
Connect with us
X
Categories:

Entertainment

Rihanna Emerges As America’s Youngest Self-made Billionaire Woman

Published

on

Rihanna
Share this post:

DOWNLOAD MP3 SONG

Barbadian singer, Robyn Rihanna Fenty, popularly known as Rihanna has emerged the youngest self-made billionaire woman in the United States having a worth of $1.4 billion.

The 34-year-old singer and Fenty Beauty CEO graced Forbes’ annual list of America’s richest self-made women for the third year in a row.

She ranked 21st overall, and is the list’s only billionaire under age 40. Some of Rihanna’s $1.4 billion net worth is from her successful music career. Most of it is from her three retail companies: Fenty Beauty, Fenty Skin and Savage X Fenty.

In March, Bloomberg reported Savage X Fenty lingerie was working with advisors on an IPO that could potentially be valued at $3 billion. Rihanna owns 30% of that company.

She also owns half of Fenty Beauty, which generated $550 million in revenue in 2020. The other half of the company is owned by French luxury fashion conglomerate LVMH (Moët Hennessy Louis Vuitton).

The numbers are impressive, but Rihanna has said that her focus is not on valuations and accolades.

In 2019, she told The New York Times’ T Magazine that because she never planned on making a fortune, reaching financial milestones was “not going to stop me from working.”

The nine-time Grammy Award winner also said she wants to give that money away to causes that matter, anyway.

RECOMMENDED  Magixx drops thrilling music video for new song "Shaye"

“My money is not for me; it’s always the thought that I can help someone else,” she said. “The world can really make you believe that the wrong things are priority, and it makes you really miss the core of life, what it means to be alive.”

In 2012, Rihanna started a philanthropy fund, the Clara Lionel Foundation (CLF). It aims to “support and fund groundbreaking education and climate resilience initiatives,” according to its website.


Get More Stories Like This On: Facebook: @AllNaijaEntertainment, Twitter: @AllNaijaEntertainment
Chief Oyerigha Echo Toikumoh - The Earlier The Better
Music2 weeks ago

[Music] Chief Oyerigha Echo Toikumoh – The Earlier The Better

Enzo Maresca and Mikel Arteta stated they will not take Pep Guardiola's place at Manchester City
Sports2 weeks ago

Enzo Maresca and Mikel Arteta stated they will not take Pep Guardiola’s place at Manchester City

Alan Shearer reckons Liverpool star is ‘not going to get better’
Sports2 weeks ago

Alan Shearer reckons Liverpool star is ‘not going to get better’

NECO examiners threaten nationwide protest over unpaid entitlements
News2 weeks ago

NECO examiners threaten nationwide protest over unpaid entitlements

Jonathan congratulates Trump on historic election win
News2 weeks ago

Jonathan congratulates Trump on historic election win

Peter Obi can become president in 2027 — Yunusa Tanko
News2 weeks ago

Peter Obi can become president in 2027 — Yunusa Tanko

Dua Lipa forced to cancel show after ‘unforeseen safety issues’
Entertainment2 weeks ago

Dua Lipa forced to cancel show after ‘unforeseen safety issues’

Uzoamaka Onuoha wins Best Female Performance in a feature at AFRIFF 2024
Entertainment2 weeks ago

Uzoamaka Onuoha wins Best Female Performance in a feature at AFRIFF 2024

'Phoenix Fury' bags Best Film award at the 13th edition of AFRIFF
Entertainment2 weeks ago

‘Phoenix Fury’ bags Best Film award at the 13th edition of AFRIFF

Vivo begins teasing new Dimensity 9400 flagships internationally
Technology2 weeks ago

Vivo begins teasing new Dimensity 9400 flagships internationally

Google Pixel 11 and Pixel 11 Pro may trade performance gains for longer battery life
Technology2 weeks ago

Google Pixel 11 and Pixel 11 Pro may trade performance gains for longer battery life

Manchester United players warned ‘only one is safe’ under Ruben Amorim
Sports2 weeks ago

Manchester United players warned ‘only one is safe’ under Ruben Amorim

Austin DeAnda given impromptu makeover after he is forced to have haircut in the middle of fight
Sports2 weeks ago

Austin DeAnda given impromptu makeover after he is forced to have haircut in the middle of fight

IG orders punishment for errant cops
News2 weeks ago

IG orders punishment for errant cops

Be ready to recover stolen mandate — Ighodalo tells PDP
News2 weeks ago

Be ready to recover stolen mandate — Ighodalo tells PDP

No part of Ogun will be ceded under my watch — Dapo Abiodun
News2 weeks ago

No part of Ogun will be ceded under my watch — Dapo Abiodun

Ruger calls out auto tune and hype culture in music
Entertainment2 weeks ago

Ruger calls out auto tune and hype culture in music

I hate to play same role repeatedly — Actress Bimbo Akintola
Entertainment2 weeks ago

I hate to play same role repeatedly — Actress Bimbo Akintola

Fans split on Davido, Wizkid, and Burna Boy's Grammy nominations.
Entertainment2 weeks ago

Fans split on Davido, Wizkid, and Burna Boy’s Grammy nominations

Samsung Galaxy S25 Slim: Leaker reveals launch details for Samsung's rival iPhone 17 Air
Technology2 weeks ago

Samsung Galaxy S25 Slim: Leaker reveals launch details for Samsung’s rival iPhone 17 Air

Realme names first smartphone to get Android 15 beta worldwide
Technology2 weeks ago

Realme names first smartphone to get Android 15 beta worldwide

England interim manager tipped for surprise Premier League job
Sports2 weeks ago

England interim manager tipped for surprise Premier League job

Hakim Ziyech mocks Israeli supporters attacked in Amsterdam
Sports2 weeks ago

Hakim Ziyech mocks Israeli supporters attacked in Amsterdam

Court jails seven for internet fraud in Kaduna
News2 weeks ago

Court jails seven for internet fraud in Kaduna

Edo APC criticizes Obaseki’s last-minute appointments
News2 weeks ago

Edo APC criticizes Obaseki’s last-minute appointments

Edo PDP announces caretaker committee
News2 weeks ago

Edo PDP announces caretaker committee

Tems makes history after securing 3 nominations for the 67th Grammys
Entertainment2 weeks ago

Tems makes history after securing 3 nominations for the 67th Grammys

Beyoncé surpasses Jay-Z to become the most nominated artist in Grammy history
Entertainment2 weeks ago

Beyoncé surpasses Jay-Z to become the most nominated artist in Grammy history

Davido, Wizkid, Tems, Asake make 2025 Grammy nominations
Entertainment2 weeks ago

Davido, Wizkid, Tems, Asake make 2025 Grammy nominations

Davido, Wizkid, Tems, Asake make 2025 Grammy nominations
Entertainment2 weeks ago

2025 GRAMMY: Academy unveils category changes ahead of nomination event

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories2 weeks ago

[STORY] THE PASTOR’S DAUGHTER (Final Episode 13)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories2 weeks ago

[STORY] THE PASTOR’S DAUGHTER (Episode 12)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories2 weeks ago

[STORY] THE PASTOR’S DAUGHTER (Episode 11)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories2 weeks ago

[STORY] THE PASTOR’S DAUGHTER (Episode 10)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories2 weeks ago

[STORY] THE PASTOR’S DAUGHTER (Episode 09)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories2 weeks ago

[STORY] THE PASTOR’S DAUGHTER (Episode 08)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories2 weeks ago

[STORY] THE PASTOR’S DAUGHTER (Episode 07)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories2 weeks ago

[STORY] THE PASTOR’S DAUGHTER (Episode 06)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories2 weeks ago

[STORY] THE PASTOR’S DAUGHTER (Episode 05)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories2 weeks ago

[STORY] THE PASTOR’S DAUGHTER (Episode 04)

ANE Billboard Hots



Join "ANE sabi" clique

Don't miss a thing, get ogbonge ANE latest updates to fuel your conversation daily.