According to Forbes’ annual list, Rihanna has been declared as the first American youngest self-made billionaire woman.
The Diamond singer has now officially to the list of America’s richest self-made women for the third year in a row, reported The New York Post.
However, it is relevant to say that Rihanna has a net worth of $1.4 billion, while she collected her fortune from her own music career and entrepreneurial ventures.
Reportedly, the crooner ranked 21st and is the only billionaire under the age of 40 on the annual list.
Earlier, in March, Bloomberg asserted that the singer owned 30 percent of Savage X Fenty Lingerie Company which stood at $3 billion or more. Moreover, Rihanna maintained 50 percent of Fenty Beauty, which seemingly brought in $550 million in revenue in 2020.
In 2012, the singer-songwriter initiated a philanthropy fund called the Clara Lionel Foundation (CLF).
Meanwhile, the next-youngest billionaire on the annual list is Kim Kardashian, who has a net worth of $1.8 billion.