Rihanna’s Fortune in 2023: How Much is Rihanna’s Net Worth?

Rihanna is now the youngest self-made billionaire woman in America with a net worth of nearly $1.5 billion, according to the most recent data from Forbes. Let’s look at her accomplishments:

The youngest woman in the United States to become a self-made millionaire didn’t grow up in a Manhattan skyscraper or in the Hollywood Hills. Rihanna instead built her wealth through her own music and business endeavors.

The 35 year-old singer and CEO of Fenty Beauty just reached Forbes’ annual list of the richest self-made woman in America for the third consecutive year. She came in at number 21 overall and is the only billionaire under the age of 40 on the list. Rihanna has a $1.4 billion net worth, some of which comes from her lucrative music career. Her three retail businesses, Fenty Beauty, Fenty Skin, and Savage X Fenty, account for the most of it.

According to a March Bloomberg article, Savage X Fenty underwear was collaborating with consultants on a potential $3 billion initial public offering (IPO). That business is 30% owned by Rihanna. She also owns 50% of the $550 million in revenue 2020 brand Fenty Beauty. The French luxury fashion corporation LVMH owns the remaining fifty percentage of the business.

Although the figures are outstanding, Rihanna has stated that she doesn’t place much importance on ratings and recognition. She stated in 2019 that she never intended to become wealthy and that achieving financial success “wasn’t going to stop me from working”.

The nine time Grammy Award winner also stated that she wants to donate the money to worthwhile organizations. She claimed, “My money is not for me; it’s always with the hope that I might help someone else”. The world can really make you believe that the wrong things are the priority, and it really makes you miss the core of life, what it means to be alive”.

Rihanna established the Clara Lionel Foundation (CLF) as a charitable organization in 2012. According to its website, it intends to “support and fund ground –breaking educational and climate resilience initiatives”.

Sales from the singer’s lipstick collection with MAC Cosmetics were one of its first projects, which debuted, a year after the foundation’s founding and raised $60 million for women and children impacted by HIV/AIDS. And in January, CLF collaborated with Jack Dorsey, co-founder of Twitter, on the #SmartSmall campaign to contribute a total of $15 million to 18 different climate justice organizations.

According to the CLF website, this funding is intended for groups in the United States and the Caribbean that are “focused on and led by women, youth, Black, Indigenous, people of color, and LGBTQIA+ communities”.

In a statement in January, Rihanna stated that the Climate Leadership Fund’s mission “is rooted in the understanding that climate disasters, which are increasing in frequency and intensity, do not impact all communities equally, with communities of color and island nations facing the brunt of climate change”.

What is Rihanna’s current net worth?

According to Forbes, Rihanna, a singer, song writer, actor, and businesswoman who was born in Barbados, has a net worth of $1.4 billion. The diva, who gained her money through music and cosmetics, is still a billionaire in 2023.

Riri is the 21st American self-made billionaire and the 2083rd richest person in the world, according to Forbes’ real-time list of billionaires.

According to Celebrity Net Worth, Rihanna has an annual salary of $70 million and a net income of $1.7 billion. As a result, she becomes the youngest self-made millionaire in her nation, the richest female artist, and one of the wealthiest vocalists in the world.

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