Rihanna has become the world’s youngest self-made billionaire, according to Forbes. The singer and businesswoman has amassed a fortune of $1.4 billion, largely due to the success of her cosmetics line, Fenty Beauty.
Fenty Beauty was launched in 2017 and has since become one of the most successful beauty brands in the world. The brand is renowned for its inclusive range of products, which cater to all skin tones and types. The brand has also been praised for its innovative products, such as its Pro Filt’r foundation and its Killawatt Freestyle Highlighter.
Rihanna’s success with Fenty Beauty has been bolstered by her 30% stake in the Savage x Fenty lingerie line. The lingerie line raised money at a $1 billion valuation in February 2021, further contributing to Rihanna’s wealth.
Rihanna’s success as a businesswoman has been remarkable. In just five years, she has gone from a successful singer to a billionaire entrepreneur. She has also been praised for her commitment to diversity and inclusivity, both in her business ventures and in her philanthropic work.
Rihanna’s success is an inspiration to many. She has shown that with hard work and dedication, it is possible to achieve success, no matter your background. Her story is a testament to the power of entrepreneurship and the importance of investing in yourself.