![RIHANNA IS AMERICA’S YOUNGEST BILLIONAIRE](https://africaequity.net/wp-content/uploads/2022/07/0F6251AB-8092-48AA-AB0D-500EA6DCB731.jpeg)
Lisa Mugo
Robyn Rihanna Fenty, is America’s youngest self-made billionaire coming in at 21 on the Forbes annual list of Self-made women.
The 34-year-old has made it to the Forbes list for a third year in a row with her wealth sitting at $1.4 billion.
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The beauty mogul’s wealth stems from her cosmetics line Fenty Beauty and Fenty Skin which she co-owns with LVMH. She also owns a lingerie line called Savage X Fenty which is also bringing in big bucks. Her music career also chipped into her growing wealth.
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According to Forbes, the new mother’s cosmetics line generated a whooping $550 million in 2020 after being launched back in September 2017.
She launched over 40 shades of foundation, making the line diverse and all inclusive. Fenty was considered to be a game changer at the time as not many beauty lines catered for dark skin women.
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Riri also dipped her hands in fashion as she launched her high fashion clothing line Fenty, back in 2019 but unfortunately ceased operations in 2019.