Umbrella hitmaker Rihanna appeared on the list of the world’s billionaires for the second year in a row thanks to the popularity of her Savage x Fenty underwear and Fenty cosmetics collections.
With $1.4 billion, a decrease from $1.7 billion the year before, Rihanna ranked number 2002 on the Forbes list, which was published on Tuesday. In contrast, after the release of the Avatar sequel last year, Titanic director Steven Spielberg, now 76, was 694 and had $4 billion.
Kim, 42, ranks 2,259th on the list but her wealth has decreased from $1.9billion to $1.2billion since last year. The company she founded, Skims, is thought to be worth $3.02 billion due to the enormous success of her shapewear line.
Kanye was left off the list after Adidas severed their relationship with him as a result of his anti-Semitic remarks on social media.
In 2022, the rapper, who was listed at 1,513 on Forbes’ list of the world’s richest people, had a multi-year deal with the sports company for his brand Yeezy. However, after the brand was discontinued, which followed the termination of several other lucrative contracts, the father of four’s net worth declined below $1 billion.
The list is completed by Oprah Winfrey and Jay-Z.
Jay-Z now ranks number 1217 on the list after seeing his wealth increase from $1.4 billion to $2.5 billion. Oprah made the list at number 1217, but since last year, her wealth has dropped from $2.6 billion to $2.5 billion.
2,640 billionaires from 77 countries are represented in Forbes’ 2023 ranking.
The chairman of the French luxury goods giant LVMH, which owns brands like Louis Vuitton, Christian Dior, and Tiffany and Co., Bernard Arnault, has surpassed Elon Musk, 51, to become the second-richest billionaire in the world.
According to CNN, the two had been trading places on the publication’s daily Real-Time Billionaires list for the past few months, but Arnault was able to beat Musk out on the annual list after his net worth increased by more than $50 billion to $211 billion.
According to calculations made by Forbes, Musk’s net worth has dropped to just $180 billion, or $39 billion less than it was the previous year.