Rihanna, singer and CEO of Fenty Beauty, officially has a net worth of $1.4b, making her the nation's youngest self-made billionaire. In addition, she ranked number 21 overall on Forbes' yearly list of the wealthiest self-made women in America for the third consecutive year.

Her enormous net worth is mainly due to her three lucrative businesses, Fenty Beauty, Fenty Skin, and Savage X Fenty, with Rihanna having a 30% and 50% stake in Savage X Fenty and Fenty Beauty. Her lingerie line, Savage X Fenty, has been a success, so much so that Bloomberg reported in March that the company was working with advisors on an IPO that could be valued at $3 billion. On the other hand, Fenty Beauty is half-owned by the singer and French luxury clothing company LVMH. It debuted under Kendo, the fashion giant's beauty incubator, and in 2020, Fenty Beauty reported $550m in revenue. The company is now estimated to be worth $2.3b.