Rihanna makes Forbes list for the first time

Post created on 1:09 pm

American celebrities like Kim Kardashian, Kanye West, Rihanna, Elon Musk, and others have been listed by Forbes as billionaires of 2022.

Forbes is an American business magazine that is owned by Integrated Whale Media Investments and the Forbes family. The magazine which features articles on finance, industry, marketing, Investment, and other topics, is published eight times a year and is known for its list and ranking.

Being the first on the list for the first time is Elon Musk whose estimated $219 billion fortune was strengthened over the last year as he added $68 billion to his fortune with the success of Tesla.

Elon beat Jeff Bezos for the first time in four years, as Amazon stock dropped and his charitable giving increased, lessening his net worth by $6 billion. Bezos still has $171 billion to his name.

However, the top five are French luxury goods tycoon Bernard Arnault, with a net worth of $158 billion, Bill Gates, with a net worth of $129 billion, and Warren Buffett, with a net worth of $118 billion.

Kanye West ranked 1,513 on the list, coming up more than 200 spots from his place last year. The rapper’s $2 billion fortune is credited largely to his lucrative multi-year deal to design sneaker brand Yeezy for Adidas. This will be his second time in a row on the Forbes list

Kim Kardashian was ranked 1,645, improving by more than 1,000 spots from her 2021 position. Her $1.8 billion net worth speaks to how she turned reality TV into an actual fortune, selling a mobile game, cosmetics, and, now, shapewear.

Singer Rihanna, earned a spot for the first time. Her $1.7 billion in wealth got her to 1,729 on the list, which she joined as a result of her cosmetics line, Fenty Beauty.

Other billionaires on the list are Mark Cuban, who is at No. 601 with a net worth of $4.7 billion; Steven Spielberg, who is at No. 801 with a net worth of $3.7 billion; Oprah Winfrey, who is at No. 1,196 spot with a net worth of $2.6 billion; Jay-Z, who sits at the No. 2,076 with a net worth of $1.4 billion; and Tyler Perry, who is at No. 2,578 with a net worth of $1 billion.