May 18, 2022 | Eul Basa

Rihanna Shows Support For Climate Initiatives


Make no doubt about it, Rihanna is a modern-day superhero. The singer, business mogul, philanthropist, and soon-to-be mom recently contributed $15 million towards climate initiatives across the U.S. and the Caribbean in hopes that it will assist with the ongoing environmental problems in those areas.

Rihanna's Clara Lionel Foundation released a statement addressing the move: "Climate disasters, which are growing in frequency and intensity, do not impact all communities equally, with communities of color and island nations facing the brunt of climate change ... These grants support entities focused on and led by women, youth, Black, Indigenous, people of color and LGBTQIA+ communities."

Given that Rihanna was named an ambassador for Barbados in 2018, it makes sense that she would want to be involved in finding climate solutions for the Caribbean. Growing up on an island, she is well aware of the environmental issues that area of the world constantly faces. She also noted that disparity is the reason her foundation prioritizes both climate resilience and climate justice work.

Among the organizations that are set to benefit from the financial boost are the Climate Justice Alliance and the Indigenous Environmental Network and Movement for Black Lives. Such grants were made in partnership with Twitter co-founder Jack Dorsey's #StartSmall fund.

"Funders must build partnerships with grassroots organizations, acknowledging their deep understanding of what is necessary to achieve climate justice in their own communities," said Justine Lucas, the executive director of the Clara Lionel Foundation.

Rihanna's philanthropic efforts go well beyond just environmental causes. Together with Dorsey, she has also donated $15 million to mental health services during the height of the Covid pandemic, as well as $2.1 million to aid victims of domestic violence in Los Angeles. Additionally, her Savage X Fenty lingerie line announced a new funding round of $125 million earlier this year.

Today, Rihanna is a billionaire, with an estimated net worth of $1.7 billion USD. A majority of that wealth comes from her cosmetics company Fenty Beauty, which is worth around $1.4 billion, while the rest comes from Savage X Fenty and her music earnings. Fans are hoping the singer will make a grand return to music sometime soon with her rumored ninth studio album.


READ MORE

featuresinternal

People Share The Surprisingly Cool Features Of Common Products

if you look a little deeper into a product's features, you might be able to find extraneous uses for it that are just as useful as its intended purpose.
January 20, 2020 Eul Basa
couplesinternal

Couples Share The Surprising Realities About Living Together

Couples who move in together often have optimistic expectations of how life will be like under the same roof. But it's not always sunshine and rainbows.
January 21, 2020 Eul Basa
weddingint

Horrified Guests Reveal The Worst Weddings They've Ever Attended

It’s understandable that people want their weddings, the most special day in their lives, to go exactly according to plan. But that so rarely happens.
January 22, 2020 Eul Basa
celebritiesinternal

People Share Their Unpleasant Encounters With Celebrities

We often assume that celebrities are the nicest people on the planet. However, that is sometimes not the case in reality.
January 23, 2020 Eul Basa
revengeinternal

If Revenge Is A Dish Best Served Cold, These Payback Stories Are Ice

When someone really pushes our buttons, we'd like to think that we'd hold our head high and turn the other cheek, but revenge is so, so sweet.
January 23, 2020 Eul Basa



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