Rihanna Becomes America's Youngest Self-Made Female Billionaire

Dominic Smithers

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Rihanna Becomes America's Youngest Self-Made Female Billionaire

Featured Image Credit: Alamy

Rihanna has made history, becoming the youngest female, self-made billionaire in America.

With a net worth of $1.4 billion, the 34-year-old singer pushed reality star Kim Kardashian off the top spot.

Despite being the top-selling digital artist of all time, having sold 215 million digital tracks worldwide as well as 60 million albums, her musical wealth is relatively small.

The vast majority of her fortune comes from a variety of business interests, primarily her cosmetics line, Fenty Beauty.

Alongside this, RiRi also has a 30 percent stake in the Savage x Fenty lingerie line, which was valued at $1bn back in February last year.

She also boasts an impressive property portfolio, with a Beverly Hills mansion priced at $13.75m, a neighbouring pad, which she bought for $10m, and rental property in the Hollywood Hills.

The majority of Rihanna's fortune comes from her business interests. Credit: Alamy
The majority of Rihanna's fortune comes from her business interests. Credit: Alamy

The 'Umbrella' singer also owns a 'stalker-proof' flat in Century Towers as well as a property at the One Sandy Lane resort in Barbados, which reportedly set her back a cool $22m.

According to calculations by Forbes, the pop icon, who was previously named the world’s richest female musician, is thought to be Barbados’ first billionaire.

She is currently the 21st richest self-made billionaire in the United States, with the likes of Oprah Winfrey ($2.6bn) and Kardashian ($1.8bn) ahead of her.

However, with the reality star being 41, Rihanna is the youngest on the list.

Other famous faces on the esteemed list include Kylie Jenner ($600m), Taylor Swift ($570m), Madonna ($575m), Beyoncé ($450m), Serena Williams ($260 million) and Sandra Bullock ($225 million).

Speaking previously about becoming a billionaire, Rihanna told Access: "You know, it was real weird getting congratulations texts from people for money.

The 34-year-old is the youngest self-made female billionaire in the US. Credit: Alamy
The 34-year-old is the youngest self-made female billionaire in the US. Credit: Alamy

"I never got congratulated for money before. That s*** is crazy."

She continued: "It made sense when I realised that it was inspiring to people, that they felt like this is something that they could achieve knowing where I've come from.

"Knowing my humble beginnings, they see the possibility, and it gives them hope. That made me feel really happy."

However, despite her success, she said she didn't want to be a put on a 'pedestal' and insisted she wanted to keep her feet firmly on the ground.

She said: "It's scary. I do think about it all the time. I make it a point to think about it, because I get scared when the pedestal comes into play and people put you up there and keep wanting to put you up there.

"I wanna feel my feet on the ground because I know it's not gonna be a fall at all if anything, right?"

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Topics: Celebrity, Rihanna, US News, Money

Dominic Smithers
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