Forbes has released their annual billionaires list, but one big-name star did not make the cut.
Rihanna and Kim Kardashian make Forbes’ billionaires list.
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Rihanna has made it on Forbes’ list of the world’s billionaires for the second year in a row.
The singer, 35, is back again owing to the success of her Savage X Fenty underwear range and Fenty cosmetics collection, according to The Sun.
Their popularity also helped her business partner, luxury goods titan Bernard Arnault, 74, leapfrog Elon Musk to become the richest person alive.
Rihanna was named among the richest celebrities with a cool $2.2 billion in the bank. Picture: Mike Coppola/Getty Images
However, RiRi herself has slipped down the rankings in the list, compiled by US business magazine, from 1729th to 2020th, with the Barbadian’s fortune dipping to $2.2 billion from $2.5 billion.
Arnault, meanwhile, is ranked number one with an astronomical $313 billion from his Moet Hennessy Louis Vuitton (LMVH) company.
In all there are 2640 billionaires in Forbes’ 2023 ranking, hailing from 77 countries or territories.
We Found Love singer Rihanna joined up with Arnault to launch her beauty brand in 2016, then branched out into clothing three years later.
French luxury group LVMH Chairman and chief executive Bernard Arnault is the richest man in the world Picture: Eric Piermont/AFP
Musk, 51, is worth $267 billion, a fall of $72 billion on 2022 amid his controversial Twitter takeover and complications with electric car-maker Tesla, which has seen shares plummet.
Overall, there are 28 fewer US dollar billionaires, the currency used by Forbes in its list.
One notable absentee is rapper Kanye West, who was dropped by Adidas from a deal reported to be worth $2.2 billion, for making anti-Semitic comments.
His ex-wife Kim Kardashian is 2259th on the list, now in its 37th year, but her $1.7 billion fortune is down $81 million on 2021 when she first appeared on it.
Kanye West’s wealth went down significantly last year when he was dropped by Adidas for making anti-Semitic comments. Picture: Mark Sagliocco/WireImage
Kim Kardashian’s husband Kanye West did not make the list, but the reality star did thanks to her clothing and cosmetics ventures. Picture: Mark Sagliocco/WireImage
While Beyoncé failed to make cut, her husband Jay-Z is now ranked 1127th and worth $3.7 billion. Picture: Mike Coppola/Getty Images
Much of the reality star’s money – $891 million last year – comes from her shapewear brand Skims.
Other celebrities in the ranking include Jay-Z at 1127th. He is the only major star to have seen his value go up.
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The rapper, married to singer Beyoncé, is now worth $3.7 billion, up $1.6 billion from last year when he first made it on to the billionaire register.
US TV host Oprah Winfrey ranks at 1217th with a fortune of just over $3.7 billion. She first appeared on the list in 2003, when worth $1.4 billion.
This article was originally published in The Sun and reproduced with permission
