Connect with us
X
Categories:

Entertainment

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

Published

on

Rihanna
Share this post:

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  World tagged 'Anikulapo' a masterpiece - Kunle Afolayan response to Oscars snub

“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
iQoo 12: Global version of ex-flagship smartphone upgrades to Android 15
Technology2 hours ago

iQoo 12: Global version of ex-flagship smartphone upgrades to Android 15

RedMagic 10 Pro and RedMagic 10 Pro Plus to follow RedMagic Nova global release with huge ultra-bright displays
Technology3 hours ago

RedMagic 10 Pro and RedMagic 10 Pro Plus to follow RedMagic Nova global release with huge ultra-bright displays

OnePlus 13 posts impressive sales numbers before anticipated global release
Technology3 hours ago

OnePlus 13 posts impressive sales numbers before anticipated global release

Ruud van Nistelrooy updates Leny Yoro injury after Manchester United defender is pictured in training
Sports8 hours ago

Ruud van Nistelrooy updates Leny Yoro injury after Manchester United defender is pictured in training

Cole Palmer injury update leaves him in doubt for Chelsea against Arsenal
Sports8 hours ago

Cole Palmer injury update leaves him in doubt for Chelsea against Arsenal

Police kill two suspected kidnappers in Delta State
News8 hours ago

Police kill two suspected kidnappers in Delta State

Atiku congratulates Trump on US election victory
News8 hours ago

Atiku congratulates Trump on US election victory

Chief of Army Staff, Lagbaja passed away at age 56
News8 hours ago

Chief of Army Staff, Lagbaja passed away at age 56

Vector reveals one thing he doesn't understand about Africans
Entertainment8 hours ago

Vector reveals one thing he doesn’t understand about Africans

People always tell me to smile more — CKay
Entertainment9 hours ago

People always tell me to smile more — CKay

Hermes Iyele announces the death of his mother
Entertainment9 hours ago

Hermes Iyele announces the death of his mother

General22 hours ago

Skylar Grey – Everything I Need [LYRICS]

General22 hours ago

[Music] Diddy – Dirty Money – “Coming Home” Feat. Skylar Grey

General22 hours ago

Diddy – Dirty Money – “Coming Home” Feat. Skylar Grey [LYRICS]

General22 hours ago

[Music] African China – Amen

General22 hours ago

[Music] African China – Baba God

General22 hours ago

African China – Baba God [LYRICS]

General22 hours ago

Machine Gun Kelly (MGK) “Home” Feat X Ambassadors & Bebe Rexha [LYRICS]

General22 hours ago

Passenger – Let Her Go [LYRICS]

General23 hours ago

[Music] Eminem – “No Love” Feat. Lil Wayne

General23 hours ago

Eminem – “No Love” Feat. Lil Wayne [LYRICS]

Music23 hours ago

[Music] Tatiana Manaois – Buzz Kill

General23 hours ago

Tatiana Manaois – Buzz Kill [LYRICS]

General23 hours ago

James Blunt – Goodbye My Lover [LYRICS]

General23 hours ago

Major Lazer – “Particula” Feat. Nasty C , Ice Prince, Patoranking & Jidenna [LYRICS]

General23 hours ago

James Blunt – You’re Beautiful [LYRICS]

General23 hours ago

Justin Timberlake – Mirrors [LYRICS]

General23 hours ago

[Music] Darey – “Pray For Me” feat. Soweto Gospel Choir

General23 hours ago

Eminem – “Love The Way You Lie” Feat. Rihanna [LYRICS]

General23 hours ago

Goldlink ft. Miguel – Got Friends [LYRICS]

General23 hours ago

Sia – I’m Still Here [LYRICS]

General24 hours ago

Yo Gotti ft. Nicki Minaj – Rake It Up [LYRICS]

General24 hours ago

Shane McMahon – Here Comes The Money [LYRICS]

General24 hours ago

Journey – Faithfully [LYRICS]

General24 hours ago

[Music] Journey – Faithfully

General24 hours ago

Eminem – Not Afraid [LYRICS]

General24 hours ago

[Music] Journey – Don’t Stop Believin’

General24 hours ago

Journey – Don’t Stop Believin’ [LYRICS]

General1 day ago

21 Savage – Bank Account [LYRICS]

General1 day ago

Demi Lovato – Sober [LYRICS]

Gnash (singer)
Music5 days ago

[Music] Gnash Ft Olivia O’Brien – I Hate you, I Love you

John Legend
Music2 days ago

[INSTRUMENTAL] John Legend – All Of Me

Alan Walker
Music6 days ago

Alan Walker – Faded [INSTRUMENTAL]

21 Savage
Music3 days ago

[Video] 21 Savage ft. Offset & Metro Boomin – Rap Saved Me

Wiz Khalifa
Music4 days ago

[Instrumental] Wiz Khalifa – See You Again ft. Charlie Puth

Salvation Ministry Choir Amen
Lyrics2 days ago

Salvation Ministry Choir – Amen [LYRICS]

General6 days ago

[Music] The Chainsmokers – ‘Don’t Let Me Down’ Feat. Daya

Powfu (singer)
Music5 days ago

[Music] Powfu – Death Bed (Coffee for Your Head) Feat. Beabadoobee

General5 days ago

[Music] Wyclef Jean – “Sweetest Girl (Dollar Bill)” Feat. Akon, Lil Wayne, Niia

General3 days ago

[Music] Zayn Malik – Entertainer

Wiz Khalifa - See You Again ft. Charlie Puth
Music5 days ago

[Music] Wiz Khalifa – See You Again ft. Charlie Puth

Music4 days ago

[Music] Exalted Tribe (HICC) – We Dey Halla

Anna Kendrick
Music5 days ago

[Music] Anna Kendrick – Cups (Pitch Perfect’s “When I’m Gone”)

General22 hours ago

[Music] Diddy – Dirty Money – “Coming Home” Feat. Skylar Grey

General2 days ago

[Music] John Legend – Love Me Now

Right Said Fred
Music5 days ago

[Music] Right Said Fred – Stand Up (For the Champions)

Salvation Ministries Mass Choir
Music2 days ago

[Music] Salvation Ministries Choir – Chioma Me Eh(Good God)

General1 day ago

[Music] Celine Dion – If That’s What It Takes

Salvation Ministries Mass Choir
Lyrics2 days ago

Salvation Ministries Choir – Chioma Me Eh(Good God) [LYRICS]

General1 day ago

[Music] P!nk – Try

General7 days ago

[Music] Shaggy – Strength Of A Woman

General2 days ago

[Music] Jaden Smith – Goku

Music4 days ago

[Music] Wiz Khalifa – See You Again (Remix) Feat Charlie Puth, Eminem, Tyga, & Chris Brown

R. Kelly
Music5 days ago

[Music] R. Kelly – World’s Greatest

General2 days ago

Magic! — Rude [LYRICS]

General24 hours ago

[Music] Journey – Don’t Stop Believin’

General3 days ago

[Music] Cardi B – Bartier Cardi ft. 21 Savage

General4 days ago

[Music] Tyga ft. Offset – Taste

General1 day ago

[Music] P!nk – “Just Give Me A Reason” Feat. Nate Ruess

General3 days ago

[Music] 21 Savage ft. Offset & Metro Boomin – Rap Saved Me

General7 days ago

[Music] Post Malone – Candy Paint

General6 days ago

[Music] R Kelly – When A Woman Loves

General1 day ago

[Music] African China – Western Union

General5 days ago

[Music] Luniz – “Got 5 On It” Feat. Michael Marshall (Tethered Mix from US)

General7 days ago

[Music] Shaggy – Church Heathen

General3 days ago

[Music] Lil Dicky ft. Chris Brown – Freaky Friday

Alec Benjamin (singer)
Music5 days ago

[Music] Alec Benjamin – Let Me Down Slowly

General6 days ago

[Music] Jessie J – ‘Bang Bang’ Feat. Ariana Grande & Nicki Minaj

Loren Allred
Music5 days ago

[Music] Loren Allred – Never Enough (From The Greatest Showman)

General2 days ago

[Music] Lil Durk – India Pt. II

ANE Billboard Hots



Join "ANE sabi" clique

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