Even financial managers or digital high-flyers only very rarely succeed in achieving this: achieving dollar billionaire status before the age of 35 has just ended.
The US financial magazine “Forbes”, known for its wealth rankings, has now estimated the soul singer and entrepreneur Rihanna, who comes from the Caribbean island of Barbados Bahamas, with a remarkable fortune of 1.4 billion dollars. This makes the 34-year-old the youngest self-made billionaire ever.
The overarching reason for this survey is Forbes’ annual research of America’s richest women. The additional genre “self-made” separates women like Rihanna from heiresses like Paris Hilton or Maria Shriver, Arnold Schwarzenegger’s (extremely wealthy) ex-wife. “Pop superstar and cosmetics mogul” is the crisp description of “Forbes”.
A majority of Rihanna’s $1.4 billion net worth is said to come from her cosmetics brand Fenty Beauty, which she co-owns 50 percent with French luxury goods group LVMH. She also owns a 30 percent stake in lingerie line Savage x Fenty, which was valued at $1 billion in February 2021. These are all – mind you – estimates. However, on a very valid basis of information.
Rihanna is the richest musician in the world.
The next youngest woman in the current report is Kim Kardashian, who at age 41 has a net worth of $1.8 billion.
Speaking of the Kardashian-Jenner clan, Kylie Jenner once held the title of the world’s youngest self-made billionaire, but lost that honor in May 2020 when Forbes reduced her net worth to $900 million after reviewing new financial data. Jenner is now listed at a whopping $600 million.