Selena Gomez is one of Forbes' richest self-made women, Rihanna falls on list
Forbes has released its annual list of the country's richest self-made women, with new and returning stars who made the cut.
The magazine's list, ranking the 100 wealthiest women in America, saw newcomer Selena Gomez make the list, largely due to her stake in cosmetics company Rare Beauty, which she launched in 2020 and is valued at $1.3 billion. Gomez's net worth is estimated at $700 million, and she is one of 16 celebrities to earn a place on the list. (In September, Bloomberg declared Gomez a billionaire, estimating her fortune at $1.3 billion.)
Other stars on the list include Taylor Swift, Kim Kardashian, her sister Kylie Jenner, Oprah Winfrey, Beyoncé, Reese Witherspoon and Rihanna.
Oprah Winfrey
Kim Kardashian
Taylor Swift
Rihanna
Madonna
Beyoncé Knowles-Carter
Selena Gomez
Kylie Jenner
Judge Judy Sheindlin
Celine Dion
Barbra Streisand
Ellen Degeneres
Dolly Parton
Reese Witherspoon
Katy Perry
Serena Williams
Rihanna took a 30% slide on the list this year, Forbes reports, due to flat sales at Fenty Beauty and her lingerie brand, Savage X Fenty.
Changes in the beauty market also spelled a bit of trouble for Jenner, who saw a 4% decline in net worth. Other stars maintained their earnings, including Kardashian, Witherspoon, Dolly Parton, Ellen DeGeneres and Madonna.
Beyoncé, Celine Dion, Katy Perry, Serena Williams and Barbra Streisand experienced modest increases.
Meanwhile, Taylor Swift is the only star on the list to have significantly increased her net worth. Due to the mega-success of her Eras Tour and related projects, her net worth is estimated at $1.6 billion, a 23% increase. (Her recent acquisition of her music catalog was not factored in, and could make that valuation even larger.)
This article originally appeared on USA TODAY: Forbes list: Selena Gomez, Kylie Jenner, are richest self-made women
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