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May 17th , 2024

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Mary Marfo

A year ago

RIHANNA IS PRESENTLY WORTH $1.4 BN; MAKING HER AMERICA'S MOST YOUTHFUL INDEPENDENT EXTREMELY RICH PE

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A year ago

 

The most youthful independent very rich person lady in the US didn't experience childhood in a Manhattan skyscraper or the Hollywood Hills.

 

All things considered, Rihanna amassed her fortune from her own music and pioneering adventures.

 

As of late, the 34-year-old vocalist and Fenty Beauty CEO graced Forbes' yearly rundown of America's most extravagant independent people for the third year straight.

 

She positioned 21st by and large, and is the rundown's just extremely rich person under age 40. A portion of Rihanna's $1.4 billion total assets is from her fruitful music profession. Its greater part is from her three retail organizations: Fenty Beauty, Fenty Skin and Savage X Fenty.

 

In March, Bloomberg detailed Savage X Fenty unmentionables was working with counselors on an IPO that might actually be esteemed at $3 billion.

 

Rihanna claims 30% of that organization. She likewise possesses half of Fenty Beauty, which produced $550 million in income in 2020. The other portion of the organization is possessed by French extravagance style combination LVMH.

 

The numbers are noteworthy, yet Rihanna has said that her emphasis isn't on valuations and awards. In 2019, she told The New York Times' T Magazine that since she never anticipated making a fortune, arriving at monetary achievements "wouldn't prevent me from working."

 

At any rate, the nine-time Grammy Award victor likewise said she needs to offer that cash to causes that matter. "My cash isn't really for me; it's dependably the prospect that I can help another person," she said. "The world can truly cause you to accept that some unacceptable things are need, and it makes you truly miss the center of life, being alive."

 

In 2012, Rihanna began a magnanimity reserve, the Clara Lionel Foundation (CLF). It intends to "backing and asset notable training and environment strength drives," as per its site.

 

One of its most memorable drives, which sent off a year after the establishment started, raised $60 million for ladies and youngsters impacted by HIV/AIDS through deals from the vocalist's lipstick line with MAC Cosmetics. Furthermore, in January, CLF brought together with Twitter prime supporter Jack Dorsey's #SmartSmall drive to give a consolidated $15 million to 18 distinct environment equity gatherings.

 

That cash is intended for associations "zeroed in on and drove by ladies, youth, Black, Indigenous, minorities and LGBTQIA+ people group" in the U.S. also, Caribbean, as per CLF's site.

 

"At the [CLF], a large part of the work is established in the comprehension that environment calamities, which are filling in recurrence and force, don't influence all networks similarly, with networks of variety and island countries confronting the brunt of environmental change," Rihanna said in a January proclamation.

 

The following most youthful very rich person on Forbes' rundown is 41-year-old Kim Kardashian, who has a total assets of $1.8 billion. Kardashian and her sister Kylie Jenner - who, at age 24, is the most youthful non-tycoon on the rundown, with a total assets of $600 million - have likewise made progress in both diversion and retail, including their respe

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Mary Marfo

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