Will Barbadian Billionaire Rihanna ‘s Company Go Public?
In recent years, 34-year-old Rihanna, who has come to the fore with her initiatives in sectors such as cosmetics and underwear along with music, is exchanging ideas with her advisors for the public offering process of her brand Savage X Fenty.
Goldman Sachs Group Inc. and Savage X Fenty, which also cooperates with banks such as Morgan Stanley, is expected to open the first registrations this year.
According to Bloomberg’s report, representatives of the brand did not respond to requests for comment on the subject. Some sources stated that the decision is not clear yet and will be announced in time.
Rihanna Enters Forbes’ Richest List
She is eagerly awaiting her first child. She also continues her successful projects.
According to Forbes, her net worth is currently $1.7 billion. She is also ranked 1729 on the World Billionaire List. In this case, we can say: she is the richest female artist in the world.
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She made her debut in the Forbes charts. We can see that successful collaborations are a great career choice for him. While the Fenty brand is growing day by day, the Barbadian billionaire singer has always aimed for the better.
It’s estimated that most of Rihanna’s billion-dollar fortune comes from Fenty Beauty, a company co-owned by LVMH. The pride of Barbados owns 50% of the cosmetics brand.
She also continues her music career. It has the fourth-highest fourteen number-one singles of all time on Billboard’s Hot 100 chart.
Some familiar names in the Forbes ranking are as follows:
- Kanye “Ye” West ($2 billion, #1513)
- Shawn “Jay-Z” Carter’ ($1.4 billion, #2076)
- Oprah Winfrey ($2.6 billion, #1196)
- Tyler Perry ($1 billion, #2578)
Elon Musk is at the summit this year. His $219 billion fortune took him to the top. Amazon’s Jeff Bezos is second with $171 billion.
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