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Rihanna announced as America’s youngest self-made billionaire woman

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Rihanna announced as America’s youngest self-made billionaire woman

Rihanna is now the youngest self-made billionaire in the United States of America with a worth of $1.4 billion USD.

The 34-year-old artist and businesswoman was recently featured on Forbes‘ annual list of America’s richest self-made women for the third year in a row, ranking 21st overall and being the only one on the list under the age of 40.

The star who welcomed her first child with ASAP Rocky garnered wealth through her music career and other business including Fenty Beauty, Fenty Skin and Savage X Fenty.

Bloomberg recently reported that Savage X Fenty lingerie was working with advisors on an initial public offering that could value Rihanna’s company at $3 billion or more. She owns 30% of the company. Savage X Fenty works with banks, including Goldman Sachs Group Inc. and Morgan Stanley. Rihanna also owns half of Fenty Beauty, which generated $550 USD million in revenue in 2020, while French luxury fashion conglomerate LVMH owns the other half.

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