New updates on how much Rihanna worth surfaced. As of July 2022, Badgal Ri Ri sustains the youngest billionaire spot.
The 34-year-old singer recently ranked in as Forbes’ annual list of America’s richest self-made women for the third year in a row. Rihanna’s over ranking snagged the number 21 spot. But she’s the only billionaire under 40 on the list.
Another young billionaire on the Forbes list is Kim Kardashian. The 41-year-old’s, net worth marks $1.8 billion.
How much Rihanna Worth
Rihanna’s net worth is now $1.4 billion, which is only partly from her successful music career. Most of it comes from her entrepreneurial endeavors, including Fenty Beauty, Fenty Skin and Savage X Fenty.
In March, Bloomberg reported Savage X Fenty lingerie company was working with advisors on an initial public offering that could value the company at $3 billion or more. Rihanna owns 30 percent of that company.
Additionally, the nine-time Grammy Award winner owns 50 percent of Fenty Beauty. The company launched in 2017 and brought in $550 million in revenue in 2020. French luxury fashion conglomerate LVMH owns the other half of the company.
Maybe Kim Kardashian should’ve been focusing on Rihanna instead of Kylie. The new mom replaced Kim Kardashian at the number one spot. Kim K now sits at second place.
In 2012, the “Love On The Brain” singer started a philanthropy fund called the Clara Lionel Foundation (CLF). Additionally, the company aimed to “support and fund groundbreaking education and climate resilience initiatives,” according to the website.
A year after the foundation launched, the Fenty Beauty CEO held two lipstick campaigns with MAC Cosmetics. They raised $60 million dollars. The money benefited women and children affected by HIV/AIDS. Not to mention, in February 2020, CLF was named one of the world’s most innovative not-for-profit companies by Fast Company.
But Rihanna’s main focus isn’t the money.
In 2019, she told The New York Times, “I never thought I’d make this much money, so a number is not going to stop me from working.”