Rihanna: A True Self-Made Billionaire Success Story

Rihanna: A True Self-Made Billionaire Success Story


July 8, 2023 | Eul Basa

Rihanna: A True Self-Made Billionaire Success Story


Rihanna is known worldwide for her music career, but she has also made a significant impact in the financial world. The Barbadian singer, songwriter, and actress has become a successful entrepreneur, with a net worth of approximately $600 million, according to Forbes.

One of Rihanna's most notable contributions to the financial world is her partnership with French luxury goods conglomerate LVMH. In 2019, she launched her own fashion line, Fenty, in collaboration with LVMH. The line features high-end clothing, shoes, and accessories, and has been praised for its inclusivity, with a wide range of sizes and skin tone options. The launch of Fenty made Rihanna the first woman of color to lead a fashion house under the LVMH brand.

Fenty has been a commercial success, with sales reportedly reaching $100 million in its first few weeks. The line's success can be attributed to Rihanna's massive global following and her ability to connect with consumers through social media. Rihanna has over 100 million followers on Instagram, and Fenty has its own dedicated account with over 8 million followers.

In addition to her fashion line, Rihanna has also made strategic investments in various companies. She has invested in online styling service, Stitch Fix, and beauty brand, Huda Beauty. Rihanna's investments have proven to be successful, with both companies experiencing significant growth.

Rihanna has also made a significant impact in the beauty industry. In 2017, she launched her own makeup line, Fenty Beauty, in partnership with Kendo Brands. Fenty Beauty was praised for its inclusivity, with a wide range of foundation shades for all skin tones. The line's success has been attributed to Rihanna's personal involvement in the development and marketing of the products, as well as her ability to connect with consumers.

Fenty Beauty has been a commercial success, with sales reaching $570 million in its first year. The line's success has also had a ripple effect in the beauty industry, with other brands expanding their shade ranges to be more inclusive.

In conclusion, Rihanna's impact in the financial world cannot be ignored. Through her successful fashion and beauty lines, as well as her strategic investments, she has become a powerful force in the business world. Rihanna's success can be attributed to her strong brand image, her ability to connect with consumers, and her commitment to inclusivity.

READ MORE

Heat remains broken.
SMART SPENDING

I rent, but my landlord wouldn't fix the heat this winter. I paid out of pocket. Now he wants to sue me. Help?

A broken heater in the dead of winter can turn any rental into a stressful situation, especially if the landlord refuses to fix it. When that same landlord suddenly threatens to sue, the confusion grows, and knowing what actually matters becomes essential.
December 5, 2025 Marlon Wright
art auction
INVESTING

A New Hampshire woman bought a painting for $3.99 at a thrift store, then found out it was a long-lost N.C. Wyeth worth nearly $200,000.

A woman bought a $4 thrift-store painting on a whim — only to discover it was a long-lost work by famed American illustrator N.C. Wyeth that later sold at auction for nearly $200,000.
December 4, 2025 Allison Robertson
INVESTING

The Ignominious End Of Silicon Valley Bank

Silicon Valley Bank was flying high, but when public confidence started to crack, the bank collapsed in a matter of hours.
December 5, 2025 Alex Summers
CAREERS

I received a lay-off notice from my job, and now my ex-wife is demanding half my severance package. What now?

You were laid off, which was already a shock. Now your ex‑wife is demanding half of your severance. We look at your options.
December 5, 2025 Penelope Singh
SAVE MONEY

I have a good job here in New York, but I still feel broke every month—if I were to move, which states would actually give me the best cost of living?

If you’re working hard in New York but still feel like your paycheck evaporates, you’re definitely not alone. New York has some of the highest housing, grocery, healthcare and transportation costs in the entire country. Allow us to highlight the states where your money would stretch much further.
December 3, 2025 Jesse Singer
Internal And Facebook Image (1)
FINANCE TIPS

Warren Buffett makes these simple saving choices every single day.

Saving money doesn’t have to feel like punishment, and Buffett proves it. His everyday habits show how small, practical decisions can protect your comfort instead of cutting it. This is about spending smarter, not living smaller.
December 3, 2025 Peter Kinney

Disclaimer

The information on MoneyMade.com is intended to support financial literacy and should not be considered tax or legal advice. It is not meant to serve as a forecast, research report, or investment recommendation, nor should it be taken as an offer or solicitation to buy or sell any securities or adopt any particular investment strategy. All financial, tax, and legal decisions should be made with the help of a qualified professional. We do not guarantee the accuracy, timeliness, or outcomes associated with the use of this content.




Dear reader,


It’s true what they say: money makes the world go round. In order to succeed in this life, you need to have a good grasp of key financial concepts. That’s where Moneymade comes in. Our mission is to provide you with the best financial advice and information to help you navigate this ever-changing world. Sometimes, generating wealth just requires common sense. Don’t max out your credit card if you can’t afford the interest payments. Don’t overspend on Christmas shopping. When ordering gifts on Amazon, make sure you factor in taxes and shipping costs. If you need a new car, consider a model that’s easy to repair instead of an expensive BMW or Mercedes. Sometimes you dream vacation to Hawaii or the Bahamas just isn’t in the budget, but there may be more affordable all-inclusive hotels if you know where to look.


Looking for a new home? Make sure you get a mortgage rate that works for you. That means understanding the difference between fixed and variable interest rates. Whether you’re looking to learn how to make money, save money, or invest your money, our well-researched and insightful content will set you on the path to financial success. Passionate about mortgage rates, real estate, investing, saving, or anything money-related? Looking to learn how to generate wealth? Improve your life today with Moneymade. If you have any feedback for the MoneyMade team, please reach out to [email protected]. Thanks for your help!


Warmest regards,

The Moneymade team




✕

Want to read more?

If you like humaverse you may also consider subscribing to these newsletters:

Healthcare AI News
5 minutes or less is all it takes to elevate your Healthcare knowledge with our expert-curated weekly AI newsletter. The Sweaty Startup
Join 46,000+ people who read my weekly newsletter about real-estate, entrepreneurship, and what it takes to succeed long-term. The Yellowbrick Road
Want to make more money in the stock market? Our AI tool reads and summarizes 100s of stock articles every day and sends the best in our free, daily email. Join 10,000+ smart investors.