Showbiz

Rihanna the youngest billionaire on the Forbes list, the 34-year-old singer's fortune reaches 1.4 billion dollars

Rihanna the youngest billionaire on the Forbes list, the 34-year-old

Just months after welcoming her first child, Rihanna is celebrating another milestone: becoming the youngest billionaire on Forbes' list of the country's richest self-made women!

The 34-year-old singer is worth a whopping $1.4 billion, which puts her at number 21 on the list, which came out in June.

While others, like 41-year-old Kim Kardashian, rank lower than Rihanna on the list, the Grammy Award winner is the youngest billionaire to make the cut.

Rihanna, who reached billionaire status in August, has her Fenty Beauty cosmetics line to largely thank for her fortune, as it generated more than $550 million in revenue in 2020 and also made her the first person from Barbados that ever made the Forbes list.

The star also has a 30 percent stake in underwear line Savage x Fenty, which raised money at a $1 billion valuation in February 2021, according to Forbes.

She made her debut on Forbes' annual billionaires list in April as the world's richest female musician.

While she is the youngest billionaire on the list of self-made women, she is not the youngest person. This title belongs to 24-year-old Kylie Jenner, who is worth $600 million.

Other women under the age of 35 include 27-year-old Lucy Guo, co-founder of artificial intelligence firm Scale AI ($440 million), 32-year-old Bumble founder Whitney Wolfe Herd ($740 million) and 32-year-old Taylor Swift ($570 million dollars).

The oldest person on the list is 95-year-old Alice Schwartz, who founded Bio-Rad in 1952 and is now worth $2.3 billion.