The Barbadian singer, Rihanna, is a self-made billionaire who also lit up the Super Bowl stage with her performance
On February 12, 2023, Rihanna appeared floating over the State Farm Stadium during Super Bowl halftime. Accompanying her were the dancers, who were also suspended in the air on a platform. The oblong red stage below became the center of an amazing performance.
But that’s not all to this self-made Barbadian singer. Here's more about her net worth and ventures that make her one of the richest self-made billionaires.
Making it to the list of the top few female billionaires
When she made her appearance during the Super Bowl halftime show, she was also an embodiment of a global superstar who has made it to the list of very few self-made female billionaires.
With a net worth of $1.4 billion, she is the richest singer and female entertainer after Oprah Winfrey, whose net worth is $2.5 billion, notes Forbes magazine.
Though music has made Rihanna what she is, her wealth rose due to her cosmetic and beauty line being branded after her actual name, Robyn Fenty. Launched in 2017, Fenty Beauty instantly became her fans’ favorite brand due to its wide range of products that catered to diverse skin tones.
Fenty Beauty—what do the numbers say?
Fenty Beauty is a 50/50 venture between Rihanna and LVMH – a French luxury conglomerate that also owns Louis Vuitton, a major fashion label. In 2020, her makeup line generated over $550 million in sales.
She also owns 30% shares in the Savage x Fenty Lingerie line that raised $115 million in funds at a value of $1 billion in 2021.
Breaking the glass ceiling
The list of billionaires is white-men dominated, including those inheriting wealth from their fathers and self-made billionaires such as Jeff Bezos.
Coming from a humble background, she hopes that her new status can inspire black young women and men alike. She takes pride in being an immigrant and representing black women and Barbadians worldwide.
She also said that her return to the stage after seven years could be a representation of black women and immigrants. Rihanna hopes her performance and work can help young people, especially immigrants and black women, envision new possibilities.