Taylor Swift’s no longer the youngest self-made billionaire
Taylor Swift was once the youngest self-made woman billionaire at 35. The new record holder, according to Forbes, is Lucy Guo, 30, the co-founder of Scale AI.
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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 Kim Kardashian, her sister Kylie Jenner, Oprah Winfrey, Beyoncé, Reese Witherspoon and Rihanna. The Bajan billionaire 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.
This story is developing.