Since the release of her first single “Pon De Replay”, Rihanna has had 14 number 1 hits on the Billboard Hot 100 chart, breaking her tie with Michael Jackson. Outside of music, she has made a name for herself as a businesswoman. She founded Fenty Beauty in 2017, which Forbes says is worth over $1 billion . The success of the company catapulted Rihanna’s net worth, making her the richest female musician in the world.

Rihanna, who recently welcomed her first child with rapper A$AP Rocky, has also successfully infiltrated the lingerie industry. The “Work” singer launched Savage X Fenty in 2018, with an emphasis on creating fashionable underwear for people of all shapes and sizes. Now, the artist has obtained another achievement thanks to her lucrative business.

Rihanna has become the youngest self-made billionaire in history

Rihanna has just shattered any doubts about her entrepreneurial background, as she was recently named the 21st richest self-made woman, according to Forbes. The annual ranking includes earnings from across industries such as television, medicine, and even contracting. Her estimated net worth is reportedly around $1.4 billion, which incorporates earnings from her music career, a lingerie line, and of course, Fenty Beauty. Fenty Beauty reportedly made $550 million in revenue in 2020.

Rihanna‘s landmark achievement comes three years after Forbes gave Kylie Jenner the title in 2019. Jenner has finally admitted that she “technically” didn’t make herself, having received a lot of help launching Kylie Cosmetics. “If they’re just talking about finances, technically, yes, I don’t have any legacy money,” Jenner told The New York Times. She went on to explain that her large following, and her family’s reality show, were the perfect springboard to launch her cosmetics line. However, for Rihanna, who didn’t have a TV show or celebrity parents to help her out, her journey to success was a little different.