American singer, Rihanna, has become the richest self-made female musician under 40 years according to a newly published list by Forbes.
The singer cum entrepreneur is reportedly worth $600 million. On the full list tagged ‘2020 America’s Self-Made Women’, she is number 33.
Her source of wealth has been attributed to her successful musical career and her cosmetics and fashion line.
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Forbes writes:
“Her cosmetics line Fenty Beauty, a partnership with LVMH, has been a hit; Forbes estimates it had over $600 million in sales in 2019. Her Savage x Fenty lingerie line, co-owned by Techstyle Fashion Company, reportedly raised $50 million from investors last year. Meanwhile, her Clara Lionel Foundation, named after her grandparents, raised $22.5 million for coronavirus relief.”
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