After its launch in September 2017, Rihanna’s Fenty Beauty was an instant success. The brand rose to popularity for its inclusivity and was named one of Time magazine’s best inventions of the same year.
In 2021, Forbes noted that most of her fortunes came from Fenty Beauty, with a whopping $1.4 million (R20.5 million).
The Work hitmaker, who is expecting a child with rapper A$AP Rocky, launched her Savage X Fenty brand in May 2018. The brand was praised for its inclusivity for both men and women.
In 2021, she became Barbados’ first billionaire and this year, the 34-year-old is now the wealthiest female musician in the world.
SELF-MADE WOMEN ON THE FORBES LIST
This year, there were 236 newcomers on Forbes’ billionaire’s list and 33 of them are women. According to the publication, 11 of them are self-made.
Melanie Perkins, the co-founder and chief executive of Canva, is the top self-made woman on the list with $6.5 billion (R95 billion). The 34-year-old is ranked number 386 on the list.
Miranda Qu, the co-founder and president of the Chinese social media app, Xiaohongshu, is new to the list at number 1 645. Her net worth is $1.8 (R26 billion).