Over the past two decades, Rihanna has become one of the most successful people in the world, both in music and in business. In 2024, she made headlines after her net worth reached $1.4 billion, thanks to the success of her cosmetics brand, Fenty Beauty.
But according to Forbes' annual list of "The Richest Self-Made Women in the U.S.", Rihanna's net worth has fallen by 29%, a drop of $400 million.
Rihanna ranks 35th on the list of the richest women who have built their own financial success. According to Forbes, several significant changes in the structure of her businesses have negatively affected her profits.
"The pop star's fortune fell by $400 million due to difficulties in some of his core businesses," the article reads.
One of the biggest blows was the resignation of the CEO of her lingerie brand, Savage X Fenty , in August 2024, who then took over at Victoria's Secret.
Forbes also points out that sales at Fenty Beauty remained stable, but without significant growth, even though within the past year it expanded its presence in the Chinese market, an important step, but one that faced a "challenging environment," as its partner in this business, luxury giant LVMH , described it .
The Forbes list also includes other big names such as Beyoncé Kno2les-Carter, Oprah Winfrey, Serena Williams, Kim Kardashian, Taylor Swift and other well-known pop culture and entrepreneurial icons.
However, despite the financial downturn, Rihanna has remained extremely active. In April, Savage X Fenty launched a bridal collection, while Fenty Beauty brought back its iconic Body Lava products in time for summer.
Suggested articles:
