6.8 C
London
Tuesday, December 3, 2024
HomeNewsRihanna Becomes First Billionaire From Barbados

Rihanna Becomes First Billionaire From Barbados

Date:

Related stories

Gazprom Maintains Stable Gas Deliveries to Europe, Sending 42.3 Million m³ on Monday

Brussels, October 14 (FinanceFlashNews.com) – Gazprom, Russia’s gas producer,...

Markets Anticipate Faster ECB Rate Cuts as Eurozone Inflation Falls

Frankfurt, October 14 (FinanceFlashNews.com) – Financial markets are predicting...

Tax Hike in France Will Hurt Investments, Warns Stellantis CEO

Paris, October 14 (FinanceFlashNews.com) – The French government's plan...

Finland’s Inflation Drops to Lowest Level in Nearly Four Years

Helsinki, October 14 (FinanceFlashNews.com) – Year-on-year inflation in Finland...

Moody’s Downgrades Belgium’s Credit Outlook to Negative

Brussels, October 13 (FinanceFlashNews.com) – Moody's Ratings downgraded Belgium’s...

Rihanna, the Barbadian singer and businesswoman, has become the first billionaire from her country. According to Forbes, her net worth is estimated to be $1.7 billion.

Rihanna made her fortune through her music career, the Fenty Beauty brand, and the Savage x Fenty lingerie line. She launched Fenty Beauty in 2017 with the help of luxury goods conglomerate LVMH. The brand quickly became a success, and it is now one of the most popular cosmetics brands in the world. Rihanna owns 50% of Fenty Beauty, and it is estimated to be worth $1.4 billion.

Rihanna also owns 30% of Savage x Fenty, a lingerie brand she launched in 2018. The brand has been praised for its inclusive sizing and its focus on diversity. Savage x Fenty is now valued at $3 billion.

In addition to her business ventures, Rihanna has also continued to be successful in her music career. She has won nine Grammy Awards and has sold over 250 million records worldwide.

Rihanna is a role model for many people, and her success is an inspiration to many. She is proof that anyone can achieve their dreams, regardless of their background.

Here are some additional details about Rihanna’s business ventures:

  • Fenty Beauty was launched in 2017 with the help of luxury goods conglomerate LVMH. The brand quickly became a success, and it is now one of the most popular cosmetics brands in the world. Rihanna owns 50% of Fenty Beauty, and it is estimated to be worth $1.4 billion.
  • Savage x Fenty is a lingerie brand that Rihanna launched in 2018. The brand has been praised for its inclusive sizing and its focus on diversity. Savage x Fenty is now valued at $3 billion.
  • Rihanna has also invested in several other businesses, including Tidal, a music streaming service, and Clara Lionel Foundation, a charity that supports education and health initiatives in the Caribbean.

Rihanna’s success is a testament to her hard work and dedication. She is a role model for many people, and her story inspires many. She proves that anyone can achieve their dreams, regardless of their background.


Photo: Danilo Lauria, CC BY-SA 3.0 https://creativecommons.org/licenses/by-sa/3.0, via Wikimedia Commons

Financeflashnewshttps://financeflashnews.com
This article was written by the editorial team of Financeflashnews. We strive to provide you with accurate and up-to-date information from the world of finance and investment. If you find any errors in the article, please let us know at corrections@financeflashnews.com. Your feedback is valuable to us and will help us improve the quality of our content.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories