Rihanna Becomes America’s Youngest Self-Made Female Billionaire Holding a Current Net Worth of $1.4 Billion

Rihanna Net Worth

Robyn Fenty, known to most of us as Rihanna, is a top-tier celebrity star. She’s zoomed onto the music scene in the earlier parts of the 2000s. The hip-hop princess used her success to establish two successful businesses that have helped Rihanna build a staggering net worth of $1.4 billion.

She is America’s youngest female self-made billionaire at 34 years old, usurping Kim Kardashian (41) who held the title before her. The young pop princess has shown promising business sense, driving Fenty Beauty and Savage X Fenty into the stratosphere. Each store is now worth hundreds of millions of dollars.

Two Astounding Records Set By Rihanna’s Net Worth Figure

When Riri does something, she does it properly. Not only has she surfaced as the youngest-ever self-made billionaire, but she has overcome negativity and a difficult upbringing to be the only person from Barbados to reach a dollar billionaire net worth status, ever. She is currently ranked at number 1729 on the list of the world’s wealthiest people and 21st on America’s self-made billionaire list.

While the musical diva has certainly earned hundreds of millions in record revenues alone, her eye for fashion and beauty has built her business assets worth close to, if not more than half a billion on their own.

Savage X Fenty is a lingerie store that she co-founded in 2018 and has a 30% stake in. The company is valued at around $300 million and produces boutique quality underwear and lingerie which is very popular in the United States. It started out as an online hub but recently launched in Las Vegas in January 2022 followed by Los Angeles, Houston, Philadelphia, and Washington D.C. They will be expanding to 6 additional locations across the states over the next few months (Chicago, Atlanta, Detroit, St. Louis, Long Island, New York, and Newark).

Savage X Fenty Lingerie Store

Credit: Savage X Fenty

Rihanna partnered with the LVMH conglomerate to get the store off the ground at a sprint. LVMH is headed by Bernard Arnault, the man who recently usurped Jeff Bezos as the world’s second-richest man behind Elon Musk.

She also has a 50/50 partnership deal with LVHM for her “Fenty Beauty” Store, which they established in 2017. The beauty store business is said to be worth close on $1 billion on its own. With such a massive conglomerate behind her, how can she lose? This showcases her winning mindset and savvy when it comes to business and making fruitful decisions.

What Other Ladies Hold Similar Status to Riri?

While Rihanna may be the youngest self-made female billionaire, she is still about a decade older than the youngest name on the list of self-made wealthy women in America. Kylie Jenner is worth northwards of $600 million, having also made it big in the beauty business.

Rihanna and Kylie Jenner

Robyn “Rihanna” Fenty (Left) and Kylie Jenner (Right)

Like Riri, Kylie also established her fame as a celebrity before using her stardom to boost her entrepreneurial spirit. She became famous together with Kim Kardashian on the reality show “Keeping up With the Kardashians” (Kim’s younger sister). She still has a way to go before she can catch up with Rihanna’s net worth, which shows no signs of slowing down.

Rihanna’s Net Worth Set to Grow in the Near Future

With the doubling of her lingerie stores across the USA, Rihanna’s business is sure to skyrocket. It shouldn’t be long before the Rihanna net worth figure surpasses the $2 billion mark and starts heading for double digits. There is no question that Riri is one of the wealthiest young women in America. With the rate of her success and the number of years ahead of her in her career, there is no reason she won’t be challenging the ranks of the world’s richest women before too long.

But it’s not only the retail business that is promising to bolster Rihanna’s net worth further. There have been rumors of her working on a new music project, which have her fans eagerly waiting in delight. It’s been a while since the release of her hit song, “Umbrella”, but we guess that’s what motherhood does to you. She only recently became a mom, so we understand the stalling on the music front. It’s just as well her retail empire is spiking. But just in case you forgot, here is the Umbrella music video (Featuring Jay-Z) to remind you of how lingerie and music go together like a fine paired wine and cheese.

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Sean van der Merwe

Sean is a member of our expert content writing team. He has experience writing engaging reviews, articles, and blog posts across various genres. These include iGaming, cryptocurrency, video gaming, life, leisure, and more.