New generation: Female stars turn fame into billion-dollar empires

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By Jonathan Reed

The landscape of extreme wealth accumulation in the United States remains predominantly male-dominated, with women constituting a minority of the nation’s billionaires. Of the approximately 1,135 billionaires in the U.S., roughly 86 percent are men, leaving just over 150 women to make up the remaining 14 percent. Within this exclusive cohort, a new generation of female entrepreneurs is emerging, distinguished by their strategic leverage of global fame into robust, diversified business empires. Figures like Taylor Swift, Selena Gomez, Rihanna, and Kim Kardashian exemplify this trend, transforming their cultural influence into significant market capitalization and personal net worth, thereby challenging established paradigms of wealth creation.

This evolution highlights a critical shift where celebrity status is no longer merely a conduit for entertainment earnings but a powerful platform for launching high-value consumer brands and ventures. These women have successfully navigated the transition from performer to principal, demonstrating acumen in areas ranging from beauty and fashion to touring and media production, ultimately securing their places among the world’s wealthiest individuals.

Taylor Swift: The Touring Titan

Taylor Swift achieved billionaire status in 2023, a testament to her unparalleled success in the music industry and strategic business ventures. Forbes estimated her net worth to be approximately $1.6 billion, significantly driven by the monumental success of her “Eras Tour.” This global spectacle, which commenced in March 2023 and extended through December 2024, reportedly grossed over $2 billion. The tour’s first leg alone generated an estimated $190 million after taxes for Swift. Her fortune is further bolstered by a diverse portfolio including extensive album sales, previous tour revenues, real estate investments, and the theatrical release of “Taylor Swift: The Eras Tour,” showcasing a multi-faceted approach to wealth generation.

Selena Gomez: Beauty and Media Ventures

Selena Gomez transitioned from a child star to a formidable businesswoman, with her financial trajectory significantly boosted by her entrepreneurial endeavors. After establishing a successful career in acting, including an Emmy nomination in 2024 for “Only Murders in the Building,” and venturing into culinary entertainment with “Selena + Chef,” Gomez made a decisive move into the beauty industry. In September 2020, she launched Rare Beauty, a brand quickly gaining traction for its inclusive and affordable product lines. The brand’s strategic online presence and availability in Sephora stores, combined with a viral marketing presence on platforms like TikTok, propelled its growth. By 2023, Rare Beauty’s estimated value reached $2 billion, and with a 51% ownership stake, Gomez secured her billionaire status. Bloomberg estimated her net worth to be around $1.3 billion in 2024, with Rare Beauty serving as the primary driver of her wealth.

Rihanna: Fashion and Cosmetics Innovator

Rihanna, initially known for her chart-topping music career, ingeniously pivoted to become a dominant force in the beauty and fashion industries. Following her last studio album in 2016, she launched Fenty Beauty in 2017, pioneering an inclusive approach to cosmetics with an extensive range of foundation shades. This was followed by the creation of Savage X Fenty, a lingerie line that successfully raised $125 million in a 2022 funding round. These ventures propelled Rihanna onto the Forbes billionaires list in 2021, with an estimated net worth of $1.7 billion, making her the wealthiest female musician globally and second only to Oprah Winfrey among female entertainers at the time. By 2025, Forbes listed her net worth at $1.4 billion, predominantly fueled by her thriving beauty and lingerie businesses.

Kim Kardashian: The Entrepreneurial Reality Star

Kim Kardashian West leveraged her initial fame from the reality show “Keeping Up with the Kardashians” into a diversified business empire. Her entrepreneurial journey began with fragrances and an app, eventually expanding into the beauty sector with KKW Beauty. After a strategic revamp, the brand relaunched in 2022 as SKKN BY KIM, focusing on high-end skincare. However, it is her shapewear company, SKIMS, that stands as the cornerstone of her billionaire status. Valued at $4 billion in 2023, SKIMS has proven to be a significant market disruptor. Kardashian officially joined the Forbes billionaires list in April 2025, with the magazine estimating her net worth at $1.7 billion, primarily attributing her wealth to the phenomenal success and valuation of SKIMS.

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