Thứ Năm, 7 tháng 7, 2022

Rihanna named America’s youngest self-made billionaire woman with $1.4 billion net worth

 


Rihanna, the singer and entrepreneur, has been named to Forbes' annual list of billionaires. While other celebrities made their debuts by walking the Oscars red carpet, the young self-made billionaire woman made her debut on the list of billionaires.

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Rihanna was not born with a silver spoon in her mouth. She did not grow up in one of America's affluent neighborhoods. Instead, she worked hard for her current position in music and business.

For the third time, the Fenty Beauty CEO made Forbes' annual list of America's richest sales-made women. While she is the only billionaire under the age of 40, she is also ranked 21st on the list.

Her three fashion retail companies, Fenty Skin, Fenty Beauty, and Savage X Fenty, contributed the majority of her fortune. Although a portion of her $1.4 billion net worth stems from her successful singing career.

Her cosmetics line Fenty, which debuted in 2017, is expected to earn more than $550 million by 2020. This is also according to Forbes. The record-breaking availability of 40 shades for various skin colors and tones is the secret to Fenty's success. Fenty caters to almost every skin tone and color.

Shannon Coyle, Bluestock Advisors' co-founder of consumer products, stated, "She was one of the first brands to come out and say, 'I want to speak to all of those different people.'"

Meanwhile, according to Bloomberg, Savage X Fenty was in talks with advisors about a $3 billion IPO. The brand generated $1 billion in revenue in February 2021. Furthermore, the 34-year-old singer owns 30% of the company.

Rihanna's commercial ventures

Rihanna also has a stake in Fenty Beauty. While the other half of Fenty Beauty is owned by the French luxury fashion conglomerate LVMH. However, Fenty's clothing line with LVMH was not successful enough, and it was closed down last year.

In addition, Forbes magazine previously named Rihanna the world's most successful beauty entrepreneur and richest female singer. This is followed by the magazine's announcement of her billionaire status.

Despite her success, Rihanna has stated that she is not interested in achievements or valuations. Rihanna stated in an interview with The New York Times that she never intended to achieve financial success or make a fortune. She stated that these reasons will "not prevent me from working."

She also stated that she intended to donate the money to charitable organizations. "My money is never for me; it's always with the hope of helping someone else." The world can convince you that the wrong things are important, causing you to miss the essence of life, what it means to be alive."

Rihanna established the Clara Lionel Foundation in 2012. (CLF). The charitable cause's goal is to "support and fund ground-breaking education and climate resilience initiatives."

According to the CLF website, the fund is intended for organizations in the United States and Caribbean that are "focused on and led by women, youth, Black, Indigenous, people of color, and LGBTQIA+ communities."

Kim Kardashian, 41, is the next youngest billionaire on the Forbes list, with a net worth of $1.8 billion. Kylie Jenner, Kim Kardashian's younger sister, is the list's youngest non-billionaire, with a net worth of $600 million.

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Peso now region’s worst performer

 




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The Philippine peso ended Wednesday spot trading at 55.67 per US dollar, its weakest level in nearly 17 years, as fears of a US recession pushed the greenback to its strongest position against other currencies in two decades.

The local currency fell to its lowest level against the US dollar since Oct. 20, 2005, when it closed at 55.71: $1.

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In a commentary, ING Bank stated that the current favorable environment for the US dollar is expected to last for the next three months as the US Federal Reserve continues to raise interest rates.

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"Continual Fed tightening amid a global slowdown remains a very positive environment for the dollar," according to ING Bank. "Recessionary concerns have driven the dollar to its highest (strongest) levels since 2002."

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According to DBS, the peso has depreciated the most among the currencies in the Association of Southeast Asian Nations' six largest economies year to date (Asean).

According to the Singapore-based bank, the peso has lost nearly 8% of its value against the dollar since the beginning of 2022, the most when compared to the Thai baht, Malaysian ringgit, Indonesian rupiah, and Singapore dollar.

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Only the Vietnamese dong gained more than 8% in value against the US dollar among the so-called Asean-6 currencies.

Mode of combating inflation
DBS stated in a commentary that because the Bangko Sentral ng Pilipinas (BSP) is "firmly on an inflation combat mode," the Monetary Board may consider policy rate hikes of 50 basis points (bps) in a single meeting, as opposed to the two previous hikes of only 25 bps.

"The BSP raised rates by a total of 175 basis points in five meetings during the 2018 cycle, with two 50 basis point hikes to quell inflation," DBS said, referring to a similar period when the peso was falling.

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The bank said it was not ruling out raising BSP rates by 50 basis points in a single policy meeting, especially if the peso's depreciation fuels further inflation.

"The fact that the Philippine peso is depreciating at its fastest rate in about five years adds further upside pressures to imported inflation," DBS said.

This meant that higher import input prices were driving up the prices of locally produced goods. The depreciation of the local currency is one possible source of imported inflation.

For more information, visit https://business.inquirer.net/352320/peso-now-regions-worst-performer#ixzz7YTCKPIaf.

Thứ Tư, 6 tháng 7, 2022

Actress Lindsay Lohan celebrates birthday as married woman

 


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NEW YORK (AP) — Actress Lindsay Lohan will celebrate her 36th birthday as a married woman on Saturday.

In an Instagram post Friday, the "Freaky Friday" star said she was the "luckiest woman in the world" with financier Bader Shammas, who had been her fiance.

"I am stunned that you are my husband," Lohan wrote in the post, adding that "every woman should feel like this on a daily basis."

Last November, the couple announced their engagement. People magazine and Entertainment Tonight confirmed the wedding, but provided no further details.

When she was still single a few years ago, Lohan told Entertainment Tonight that she was looking for "a smart businessman" who doesn't mind being in the spotlight. Shammas has a private Instagram account.

The "Confessions of a Teenage Drama Queen" actress and occasional singer has recently worked through some sobriety issues, and she recently filmed a romantic comedy that will be released on Netflix later this year.


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76 million-year-old dinosaur skeleton to be auctioned in NYC

 



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NEW YORK (AP) — A T. rex skeleton has been discovered. Sotheby's announced Tuesday that a T. rex relative that roamed the earth about 76 million years ago will be auctioned off in New York this month.

The Gorgosaurus skeleton will be the centerpiece of Sotheby's natural history auction on July 28, according to the auction house.

During the late Cretaceous Period, the Gorgosaurus was an apex carnivore that lived in what is now the western United States and Canada. It was 10 million years older than the Tyrannosaurus rex.

According to Sotheby's, the specimen being auctioned was discovered in the Judith River Formation near Havre, Montana, in 2018. It stands nearly 10 feet (3 meters) tall and 22 feet (6.7 meters) long.

According to the auction house, all of the other known Gorgosaurus skeletons are in museum collections, making this the only specimen available for private ownership.

"In my career, I've had the privilege of handling and selling many exceptional and unique objects, but few have the capacity to inspire wonder and capture imaginations quite like this incredible Gorgosaurus skeleton," Sotheby's global head of science and popular culture Cassandra Hatton said.

The fossil's presale estimate at Sotheby's is $5 million to $8 million.


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Thứ Ba, 5 tháng 7, 2022

Life Lessons Everyone Should Learn From a Young Age



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I've always wanted to change the world since I was a kid, but I had no idea how, let alone what I wanted to do with my life.

So I experimented with different things: I studied abroad, worked at Google, backpacked for extended periods of time, and launched my own online business. I kept looking outward, never truly feeling content or at peace, until I came across these words by Rumi, a 13th-century poet:

"I was clever yesterday, so I wanted to change the world." "Now that I am wise, I am changing myself."

That's when I realized that all of the change I'm looking for in my life starts with me. And all of the change you seek in your life begins with you. Change the inside, and the outside will follow.

The truth is that you are capable of creating whatever you want, but you are the obstacle between where you are and where you want to be. You, not time, money, or circumstances. And do you understand why? It's because you're your own worst enemy.

The sooner you realize this, the better, and the sooner you accept, the sooner you'll want to figure out how to change. And once again, Rumi's wise words chime in and ring true: "Yesterday you were clever, so you wanted to change the world." You are wise today, so you are changing yourself

Here are 35 life lessons you should learn as a child. Read them, think about them, and put them to use. And, as you do so, keep in mind that change takes time, so give yourself as much time as you need to grow.


1. In an instant, your entire life can change. So, instead of passively taking what you have for granted, be grateful for it and use it for good.

2. It's okay to feel lost from time to time; the truth is that you owe nothing to your younger self and everything to your current self.

3. Because action produces more clarity than thought, you cannot think your way into a new life; you must act your way into one.

4. Chasing happiness will lead to misery until you realize that happiness is the path to take.

5. If you want to change the course of your life, follow these guidelines: Commitment gets you started, consistency gets you somewhere, and persistence keeps you going.

6. We break down day by day, but we also take care of ourselves and build ourselves up day by day. Why? Because your habits define who you are—what you do today reflects who you will be tomorrow.

7. You'll always be motivated if you share your progress rather than your goals.

8. Every second you spend comparing your life to someone else's is a second you waste; so stop comparing and instead define your own success.

9. It is possible to design a meaningful life that you enjoy, but doing what you enjoy will not make life easier—it will only make you more disciplined and joyful.

10. Everything you do, whether right or wrong, is based on a set of beliefs. This implies that self-care is more than just giving yourself roses and chocolates; self-care is going deep within to bring to light all of the subconscious behavioral and thought patterns that are sabotaging your growth.

11. Slow down in this age of speed and acceleration. When you live slowly, you become more mindful and intentional about how you live your life, and you start to care for your body, mind, and soul so that they can care for you.

12. Journaling is the most timeless and priceless form of therapy that will help you think clearly, better understand yourself, and make more sense of life.

13. You become wealthy when you seek new experiences rather than material possessions.

14. In today's digital-first world, the most valuable skill you can have is the ability to focus your attention, which you can develop through daily meditation.

15. The formula for financial wealth is straightforward: learn how to manage your money, develop a skill set that will make you valuable, and produce more than you consume.


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20 OF HOLLYWOOD'S COOLEST CELEBRITIES

David Beckham

David Beckham is not only handsome, talented, and stylish (he recently collaborated with British clothing label Kent & Curwen), but he's also apparently ridiculously nice. Apart from being generous and cordial to fans, one ex-neighbor told the Daily Mail that the soccer star was extremely polite, even after being attacked by the neighbor's dog. Even us commoners rarely achieve that level of kindness and understanding.











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Oprah Winfrey

She's topped the most charitable celebrity list for years, and her generosity to her audience has set a precedent for every other talk show host worth her salt. And just when you thought the self-help and cookbook author couldn't possibly give any more, she devised a way to have others do it for her through her ABC show Oprah's Big Give. Her generosity knows no bounds, putting Winfrey head and shoulders above her celebrity contemporaries in terms of generosity. If you adore Oprah, you can buy her favorite items on Amazon, such as this viral Amazon coat ($139.99) or this Ecoffee reusable cup ($15.99).










Jennifer Lawrence


Jennifer Lawrence is unquestionably the most popular actor in Hollywood. Her red carpet falls have calmed the nerves of clumsy girls all over the world, and the Joy star is quickly establishing a reputation in the entertainment industry for being super down-to-earth and easy to work with. Her fashion sense is also surprisingly low-key, with the sweet celebrity frequently sporting affordable brands like Vince and Adidas.










Taylor Swift

Taylor Swift's good girl persona is a recurring theme in both her professional and personal life. From interacting with fans on Twitter to demonstrating incredible class after her feud with Kanye West, there's no denying that the Reputation singer is the type of girl we all secretly want to be friends with. She's also the type of girl we all secretly (or not-so-secretly) want to dress like, with adorable Free People pieces on repeat.











Ellen DeGeneres

She is the woman you can picture among your friends. DeGeneres, who has a Walmart clothing collection celebrating love and inclusivity, has nailed the art of connecting with people on and off camera. She is down to earth, hilariously self-deprecating, and cool to fans. She's also honest about who she is and isn't afraid to put herself out there, which makes her the real deal.












Lady Gaga

Lady Gaga, or Mother Monster as her fans refer to her, has a reputation for intense fan devotion. The singer, who stars in A Star Is Born, also gives back through her Born This Way foundation, which encourages young people to be kind to themselves and one another. Her makeup line, Haus Laboratories, is available on Amazon for beauty looks approved by Mother Monster herself.












Barack Obama

Sure, he was the Leader of the Free World, but he's also a bonafide basketball superstar who proved he was equally at home on the court as he was on the national stage. And who else has appeared on the covers of Time, Entertainment Weekly, and the Amazing Spider-Man? Obama demonstrated his ability to mingle comfortably with his constituents while also having the patience to sign autographs for fellow politicians following a congressional speech. Without a doubt, our former president is celebrity royalty without the attitude.











Ed Sheeran

Ed Sheeran is one of the nicest celebrities around, as evidenced by his soft-hearted song lyrics. He's been known to surprise fans with hospital visits and wedding day wishes. In fact, Buzzfeed UK compiled a list of all the reasons Ed Sheeran is the nicest person alive.














The Most Exciting Concert Experience



 First time seeing your favorite band.


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It can be both amazing and emotional to hear a band for the first time. I say emotional because a song, let alone a band, can touch you in ways that nothing else can. They sing words that relate to your thoughts and to you as a person.

Sometimes you can't explain to someone what a song means to you. Perhaps the entire album has a way of connecting with you, and you think to yourself that you can't wait to see them live. There are numerous occasions when fans of a band are unable to see them live. This is extremely unfortunate for some, because no matter how much they think they love them, they will love them even more after seeing them perform all of their favorite songs live.

I've been to over 100 concerts in my life and can say there have been some pretty amazing ones. But the most memorable band is the one you've been wanting to see for a long time but haven't yet seen. This experience can change your life in ways you may not be able to describe. When I say that, some people may think I'm being dramatic, but when people have passions, they express themselves in ways that sound meaningful to them. For me, it's music and seeing bands perform live.

Seeing Blink-182 changed my life. I've admired them since I was 14, and I've wanted to see them for as long as I can remember. After years of listening to them and wishing to see them, I imagined the day when I would be able to and how I would feel. I wanted to see them perform all of my favorite songs and have the same feeling I get when I see other bands, but this would be ten times more emotional.

I cried because something hit me when they came out on stage and I wasn't sure what to think or feel with excitement. I knew what was going on, but it was difficult not to scream. As they played the first song, which I knew all the words to, it began my unforgettable experience. Hearing all of my favorite songs sung by thousands of people.

There's something special about being in a crowd and being able to sense the energy in a room. Sometimes the experience is an adrenaline rush like no other, and it gives the impression of being lost in another world. There is something unique about a festival that allows all elements to be brought together with thousands of people. Nothing can keep you from joining the massive crowd, rain or shine.

If you were standing in a crowd with your eyes closed, listening to one of your favorite songs being performed by a band. Something is sent through your body, right through you from your ears to your toes, as the floor shakes from the vibrating sound. You get pushed around and still take the best photos. Nothing compares to the number of memories created by a single event.

I hope that music fans can get the experience they deserve by seeing their favorite bands live. They must be able to connect with them by having them perform in front of them. Nothing else can compare to that feeling when you start going and there is nothing holding you back. Purchasing tickets to the best shows is an addiction, but there is nothing bad about it other than the excitement of counting down the days until the show.


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