When Rihanna takes the stage on the Tremendous Bowl Halftime Present on Sunday, she is going to embody not solely a musician who scaled the charts to turn out to be a worldwide celebrity but additionally a fair rarer accomplishment: She’s one of many world’s few self-made feminine billionaires.
Rihanna has a web value of $1.4 billion, making her the richest musician and the second wealthiest feminine entertainer, after Oprah, who’s value $2.5 billion, according to Forbes journal.
Whereas music is what made Rihanna well-known, it is her Fenty magnificence line that has taken her wealth into the stratosphere. The singer, who debuted her make-up line in 2017, gained followers for the model’s numerous vary of colours that provided foundations in all kinds of pores and skin tones.
Fenty Magnificence — branded after Rihanna’s actual identify, Robyn Fenty — is a 50/50 enterprise with French luxurious items conglomerate LVMH, which additionally owns main style manufacturers like Louis Vuitton. The Fenty line generated greater than $550 million in gross sales in 2020, Forbes famous.
Rihanna additionally owns a 30% stake within the Savage x Fenty lingerie line, which raised $115 million in funding at a $1 billion valuation in February 2021, the journal famous.
Billionaires’ lists are sometimes dominated by White males, starting from self-made billionaires resembling Amazon founder Jeff Bezos to individuals who inherited nice wealth, resembling Jim Walton, a son of Walmart founder Sam Walton. Rihanna advised the New York Instances in 2021 that she hoped her new billionaire standing would encourage others like her.
“[I]t feels good to have the ability to encourage younger ladies and boys, who like me, come from humble beginnings, who come from dad and mom who’re immigrants or who’re immigrants themselves, to have the ability to do that,” she told the publication.
Rihanna echoed a few of these sentiments with CBS Information, noting that she desires her halftime efficiency to offer illustration for immigrants — she’s initially from Barbados — in addition to Black ladies.
“Representing for immigrants, representing for my nation, Barbados, representing for Black ladies in every single place,” Rihanna mentioned. “That is actually vital, that is key for folks to see the probabilities. And I am honored to be right here, and I am honored to be doing this, this yr.”
Information Abstract:
- Rihanna set to gentle up Tremendous Bowl LVII. Here is how a lot she’s value.
- Verify all information and articles from the newest Tech updates.
- Please Subscribe us at Google News.