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Rihanna loses $400 million! Forbes reveals the reasons behind the decline in her wealth
2025-06-05 20:56:43 / SHOWBIZ
Rihanna, one of the most successful icons of music and business, has taken a significant financial hit. According to Forbes' latest list of "The Richest Self-Made Women in the U.S.", her net worth has dropped from $1.4 billion to $1 billion, a 29% drop.
The decline comes despite the continued success of her famous brand, Fenty Beauty, and her steady presence in the global market. But, according to Forbes, challenges within some of her key businesses have negatively impacted revenue.
What happened to Savage X Fenty?
One of the key moments was the departure of the CEO of Savage X Fenty in August 2024. The former head of the brand left to take the position of CEO of Victoria's Secret, a development that is said to have affected the performance of Rihanna's lingerie brand.
Fenty Beauty sees no growth despite expansion in China
Meanwhile, although Fenty Beauty remained stable in sales, the lack of significant growth and challenges in the Chinese market, where Rihanna expanded her brand's presence in partnership with the giant LVMH, have contributed to this temporary decline in her fortune.
Rihanna remains among the richest and most active than ever
However, she still ranks 35th on the Forbes list, alongside names like Oprah Winfrey, Beyoncé, Kim Kardashian, Serena Williams and Taylor Swift.
Despite financial challenges, Rihanna remains active in the world of fashion and cosmetics. In April, Savage X Fenty launched a bridal collection, while Fenty Beauty relaunched the cult product Body Lava, just in time for the summer season.
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