Rihanna, Kim Kardashian soar on Forbes’ richest billionaires list as Elon Musk slides:- The latest Forbes list of the wealthiest billionaires has shown some noteworthy changes this year.
Rihanna, the well-known pop star, has joined the Billionaires’ League in recent years owing to her successful ventures in beauty and lingerie through her brand Fenty.
Praising Rihanna’s accomplishment, one of her Twitter followers stated that they understand why she is a billionaire, citing the continued excellence of her Fenty line. According to the New York Post, Rihanna’s net worth of $1.4 billion has earned her a place at number 2,002 on the list.
It’s worth noting that Rihanna’s business partner Bernard Arnault, the chairman of LVMH, has surpassed Elon Musk as the world’s wealthiest person. As per the latest reports, Elon Musk, the CEO of Tesla and Twitter, is now ranked second on Forbes’ list, with a net worth of $180 billion.
However, this marks a significant decline of $39 billion from his previous net worth, primarily because of a Twitter stock purchase that sharply dropped Tesla’s stock.
It’s worth mentioning that reality TV star Kim Kardashian has also made it to the Forbes list, landing at number 2,259 with a net worth of $1.2 billion.
Kardashian, who founded the shapewear clothing line, Skims, has experienced significant success with the brand.
According to estimates, Skims is now valued at around $3.2 billion, a remarkable achievement for Kardashian, who has built a business empire through her various ventures.
Indeed, Jay-Z, the rapper, and entrepreneur have also witnessed a significant rise in his net worth, increasing from $1.4 billion to $2.5 billion, landing him at number 1,217 on Forbes’ list.
Jay-Z’s wealth can be attributed to his successful music career, as well as his business ventures, including his streaming service, Tidal, and his champagne brand, Ace of Spades.
His growth in wealth further demonstrates his ability to diversify his portfolio and make strategic investments.
It’s true that Kanye West, the rapper, and fashion designer, has not made it to the Forbes list this year after being a part of the billionaires’ club last year.
According to recent reports, his net worth has significantly declined from $6.6 billion to $1.8 billion, mainly due to the end of his partnership with Adidas.
This drop in net worth has caused him to fall out of the billionaire club and miss out on the Forbes list this year. However, it’s worth noting that Kanye West remains a successful artist and entrepreneur, and his fortunes may change in the future with new ventures and investments.
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