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.
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.
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.
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.
