Bad Girl Rihanna makes her debut on Forbes’ List
Rihanna is self-made in every sense of the word. The singer turned beauty mogul has made her debut on the Forbes’ richest self-made women list of 2020.
The 32-year-old entertainer made the list at No. 33 with a net worth of $600 million. Rihanna accumulated most of her wealth from music and her cosmetics line, Fenty Beauty, which she co-owns with luxury goods group LVMH.
The empire Fenty Beauty and Savage X
Rihanna has made the vast majority of her wealth outside of music. She launched the Fenty Beauty empire in 2017. The line shook up the makeup industry with its widely inclusive collection. In addition to the beauty line, she launched her lingerie line, Savage X, in 2018. The Barbados native co-owns the Savage X Fenty lingerie line with investors such as TechStyle Fashion Group, an online fashion company. Savage X follows the same inclusive model as the Fenty Beauty makeup line.
Rihanna previously spoke to Vogue about the success of her makeup line.
“The first woman I saw put makeup on her face was a Black woman — my mom — and when I think of my customers, I want everyone to feel like they can find their color, that they are represented as part of this new generation.”
During the pandemic, Rihanna has been one of the most charitable celebrities, donating more than $8 million toward relief efforts. According to Forbes, “she gave $1 million to New York’s needy, $2.1 million to abuse victims in LA and $5 million to other charities through her Clara Lionel Foundation”.