Rihanna joins Forbes Billionaires List

Last updated Apr 7, 2022

Barbadian singer and entrepreneur, Rihanna has officially joined the billionaires club according to Forbes latest release on the annual billionaires list.

The 34-year-old singer officially reached billionaire status back in 2021 with an estimated net worth of $1.7 billion.
Forbes Madeline Berg attributed Rihanna’s wealth not to her music outputs, but to her wildly successful ventures into fashion and beauty.
According to Forbes, Rihanna’s fortune is mainly from her beauty brand, Fenty Beauty.

“The company, which she co-owns with luxury conglomerate LVMH, reportedly racked in more than $550 million in revenue in 2020,” forbes magazine revealed.

“She also has a 30 percent stake in her Savage x Fenty lingerie line, which raised approximately $115 million in series B funding at a $1 billion valuation in early 2021.”

“It’s tricky because it’s hard to even accept that’s where you’re at because I know where I’ve come from. At the same time, it feels good to be able to inspire young women and boys, who like me, come from humble beginnings, who come from parents who are immigrants or who are immigrants themselves, to be able to do this,” she said about her achievement.

Robyn Rihanna Fenty NH is a Barbadian singer, actress, fashion designer, and businesswoman. Born in Saint Michael and raised in Bridgetown, Barbados, and has become the first billionaire from Barbados.

Pulse