IMAGE – Rihanna | Mike Coppola/Getty Images
Rihanna Is now the youngest female self-made billionaire woman.
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.
Rihanna accumulated her fortune from her successful music career and entrepreneurial ventures, which includes 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 conglmerate LVMH owns the other half.
Back in March 2019, Kylie held the title of youngest self-made billionaire