Forbes' self-made women 2020: Rihanna marks her debut on the list with $600 million

On October 13, Forbes compiled its annual list of America's richest self-made entrepreneurs, and a couple of music superstars made it to the list. Rihanna, Taylor Swift, and Madonna were a few to name who made to the list with their massive net-worth. Coming in at number 33, Rihanna grabbed a spot on the list for the first time with a net worth of $600 million. 

Rihanna's net worth

According to Forbes, her cosmetics line Fenty Beauty had over $600 million in sales in 2019. Meanwhile, her Savage x Fenty lingerie line raised $50 million from investors. On the other side, RiRi's charitable Clara Lionel Foundation raised $22.5 million for COVID-19 relief.

Another newcomer on the list is Keeping Up with the Kardashians star Kris Jenner, whose net worth is of $190 million. Forbes elaborated that it came from her 10-per-cent “momager” cut of all her daughters’ vastly profitable business ventures. Jenner made her debut on the list at 92.

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Taylor Swift's net worth

The singer has grabbed the spot number 62 on the list, with a net worth of $365 million. Forbes mentioned that the efforts of Swift helped her move more than 4 million units between June 2019 and Jue 2020. Interestingly, following the COVID-19 outbreak, Swift cancelled all her 2020 tour dates, with plans to reschedule some for 2021.

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Madonna's net worth

The queen of pop music held the No. 40 spot with a net worth of $550 million. Forbes explained she is "grossed an estimated $1.2 billion on the road in her career". Apart from her music career, she is the founder of the luxury skincare brand MDNA.

Forbes' self-made women 2020

Other female musicians on the list includes Celine Dion ($455 million), Beyoncé ($420 million), Barbra Streisand ($400 million), Lady Gaga ($150 million) and Jennifer Lopez ($150 million). Meanwhile, Kim Kardashian, Kylie Jenner, Ellen DeGeneres, Serena Williams, and Kris Jenner, among many others managed to grab a spot on the list.  On the other hand, topping the list for the third consecutive year is entrepreneur Diane Hendricks, co-founder of ABC Supply, one of America’s largest wholesale distributors of roofing, siding and windows, whose net worth now exceeds $8 billion.

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Disclaimer: The above net worth information is sourced from various websites and media reports. The website does not guarantee a 100% accuracy of the figures.