Rihanna has reached a new milestone in her life. Weeks after becoming a mother, she is now the youngest self-made billionaire in the United States.
Forbes recently released its list of America’s Richest Self-Made Women in 2022. The 34-year-old musician comes in the 21st spot with her $1.4 billion net worth.
Despite not making the top 20 list, the “Umbrella” singer’s age has given her an edge. As it happens, this has made her the youngest on the list, followed by 41-year-old Kim Kardashian, who is currently worth $1.7 billion.
Rihanna has also reached other feats with her current net worth. As reported, she is her country, Barbados’ first billionaire, as well as the only woman under the age of 40 who made it to the outlet’s list of female billionaires in the United States as of 2022.
E! News later speculated that the “Ocean’s 8” actress may further reach new heights in this arena. As explained, her net worth may soon increase in consideration of her future music productions and releases.
The publication said that the artist has been teasing about her new music being in the works. She last dropped a studio album in 2016 with ANTI, which houses a total of 13 tracks, with three additional titles in the collection’s Deluxe Edition.
Rihanna officially became a billionaire in 2021. Forbes noted that she made it to the list with her net worth of $1.7 billion at the time.
This has since made her the wealthiest female musician on Earth. But, as pointed out, she has amassed most of her wealth not from performing but from her cosmetics company, Fenty Beauty.
The outlet explained that the “Good Girl Gone Bad” artist had obtained $1.4 billion of her $1.7 billion fortune from the value of the company, which she launched in 2017.
It also confirmed that the then-33-year-old celebrity owns 50 percent of Fenty Beauty, adding that much of the rest lies in her stake in Savage x Fenty, which is her lingerie company, and her career as a singer and actress.
Rihanna began her music career in the early 2000s, according to Celebrity Net Worth. After the discovery in Barbados and demo-recording in the United States, Jay-Z, who was CEO of Def Jam Records, invited her to an audition for him.
She immediately signed a six-album record deal with the label afterward, launching her career in the world of music. It was not until 2007 that she had her breakthrough with her “Good Girl Gone Bad” album.
The Barbados-born artist made her film debut in 2006. She made a cameo as herself in “Bring It On: All or Nothing.”
The “Diamonds” singer continued to work on several more movie projects in the years that followed. These include “Battleship,” “Ocean’s 8,” “Guava Island,” and “Valerian and the City of a Thousand Planets.”