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Rihanna has been named the youngest self-made woman billionaire in the U.S.
With a net worth of $1.4 billion, the nine-time Grammy Award winner, 34, lands at #21 on the Forbes list of America’s self-made women, making her the youngest billionaire among the list’s 24 billionaires.
While Rihanna’s music contributes to her wealth, the singer’s astronomical financial status is mostly due to her fast-growing beauty, cosmetic and lingerie lines: Fenty Beauty, Fenty Skin and Savage X Fenty.
According to Forbes, the cosmetics company, which she co-owns with French luxury retailer LVMH, generated more than $550 million in revenue in 2020. The lingerie line, in which Rih owns a