- Forbes’ richest self-made women list: Taylor Swift, Beyoncé, Oprah USA TODAY
- Taylor Swift is now the 2nd richest self-made woman in music — but still far off from being No. 1 New York Post
- Taylor Swift, Rihanna And The Richest Self-Made Women Under 40 In America Forbes
- Reese Witherspoon graces Forbes richest self-made actress in the world Geo News
- Forbes 2023 Celebrates America’s Richest Self-Made Women, Including Rihanna, Kylie Jenner, Kim Kardashian, Taylor Swift & Beyoncé ETCanada.com
- View Full Coverage on Google News
Tag Archives: Selfmade
Self-made millionaire claims every man should own Lamborghini by their 20s
He’s going from brags to riches.
A 24-year-old self-made — or at least self-proclaimed — millionaire is under fire for declaring that every man should own a luxury sports car by their 20s, because $200,000 is “chump change” unless you’re a lazy loser.
“If you’re a guy in your 20s and you don’t have a Lamborghini, you should actually sit down and have like a serious discussion with yourself as to why you don’t have a Lambo,” scoffed Sebastian Ghiorghiu in the clip. The controversial influencer dropped the bombshell in podcast footage, which was recently reposted to Twitter, where it amassed 2 million views and untold raised eyebrows.
The Detroit native claims to have made $8 million in just six years from various ventures, ranging from creating a Google ad agency to YouTube and “dropshipping” — the e-commerce practice of accepting customers’ orders without keeping actual stock on hand.
And the young baller — who reportedly had nine cars by age 19 — believes that anyone can follow suit.
“I realize now that it is so incredibly easy, and there’s so much money out there,” insisted Ghiorghiu, who boasts over 825,000 YouTube subscribers. “[The dollar amount] $200,000, relative to what is out there in circulation and what you can grab, especially now with AI tools that you can leverage like never before, $200,000 is chump change.”
He added, “And people will say that I’m out of touch with reality, and they can suck it.”
The big-walleted braggart was subsequently torched over his boastful statement on Twitter with the original video re-poster writing: “I think we need to halt podcasts until we figure out what is going on.”
“If you’re 25 and you don’t have at least 47 lamborghinis in your lamborghini account you need to seriously stop and think,” snarked another.
Meanwhille, “What do you even do with a lambo? Like, it’s not a very convenient car,” one realist chimed in.
One Twitter critic declared: “Leverage AI! Of course! Why didn’t I think of that. It all seems so simple now.”
One naysayer accused accused Ghiorghiu of never working a “day in his life.”
The TikTok investors account, which curates financial content online, wrote: “Time to ban tiktok can’t take the Gen Z gurus anymore lmao.”
The flauntrepreneur has since lashed back at haters on Twitter, claiming: “This 18-year-old kid I know starting drop shipping a couple months ago.”
“Did 12K by noon today with 30% margins and had to shut off ads because he needs a credit card and your still winging bc I said you should be able to afford a lambo in your 20’s,” he added. “Grow up already.”
According to the aforementioned YouTube clip, Ghiorghiu’s parents moved to the US from Romania in the 1980s. He worked various jobs in high school, including at a Taco Bell and a car wash. It was during the latter job that the influencer bought an Infiniti G35, which inspired the young man to start flipping cars.
He had originally aspired to be a neurosurgeon but quit college to sell real estate after coming across fellow finance influencer, Graham Stephan, who earns “passive income” by selling homes and renting property.
“I was like, ‘Yo, I want to do that! I don’t actually want to work,’ ” the budding businessman recalled his inspiration. “I want to have freedom to do whatever I want and be rich.”
By age 19, Ghiorghiu reportedly had a net worth of $70,000 to $80,000 due to his work in real estate, on his YouTube channel and dropshipping.
Now, a millionaire several times over, the Romanian-American has reportedly made between $25,000 to $100,000 in a day, and between $300,000 to $400,000 profit in a month, per another YouTube clip.
However, he aspires to go even bigger.
“A million a month would definitely be a record for me,” declared Ghiorghiu.
Rihanna is now America’s youngest self-made billionaire
She’s shining bright like a diamond.
Rihanna is now the youngest self-made billionaire woman in the US — knocking Kim Kardashian to second place.
The 34-year-old singer recently made Forbes’ annual list of America’s richest self-made women for the third year in a row, ranking 21st overall. She’s the only billionaire under 40 on the list.
The next-youngest billionaire on the Forbes list is Kardashian, 41, who has a net worth of $1.8 billion.
Rihanna’s net worth is now $1.4 billion, which is only partly from her successful music career. Most of it comes from her entrepreneurial endeavors, including Fenty Beauty, Fenty Skin and Savage X Fenty.
In March, Bloomberg reported Savage X Fenty lingerie company was working with advisors on an initial public offering that could value the company at $3 billion or more. Rihanna owns 30 percent of that company.
The nine-time Grammy Award winner also owns 50 percent of Fenty Beauty, which launched in 2017 and brought in $550 million in revenue in 2020. French luxury fashion conglomerate LVMH owns the other half of the company.
In 2012, the “Love On The Brain” singer started a philanthropy fund called the Clara Lionel Foundation (CLF), aiming to “support and fund groundbreaking education and climate resilience initiatives,” according to the website.
A year after the foundation was launched, the Fenty Beauty CEO held two lipstick campaigns with MAC Cosmetics, raising $60 million to benefit women and children affected by HIV/AIDS. In February 2020, CLF was named one of the world’s most innovative not-for-profit companies by Fast Company.
But Rihanna’s main focus isn’t the money — she’s all about the “work, work, work, work, work, work.”
In 2019, she told The New York Times, “I never thought I’d make this much money, so a number is not going to stop me from working.”
Nykaa founder Falguni Nayar: India has a new self-made woman billionaire
Shares in FSN E-Commerce Ventures — the owner of cosmetics e-commerce site Nykaa — have surged since they began trading in Mumbai this week. The stock has more than doubled its issue price, making the company worth nearly $14 billion, eleven times the valuation in its last private funding round in 2020.
As a result, founder and CEO Falguni Nayar — one of the few Indian women to start and lead a tech company worth more than $1 billion — has seen her net worth soar to almost $7 billion. That makes her the country’s newest self-made billionaire, according to the Bloomberg Billionaires Index.
Nayar founded the company in 2012, at a time when most Indians bought make-up products at local mom-and pop stores, but were warming up to the idea of shopping online.
Nykaa, which means “actress” in Sanskrit, now offers over 4,000 brands on its site. It recorded 24.5 billion rupees ($330 million) in revenue in the fiscal year ended in March.
Nayar studied at the Indian Institute of Management in Ahmedabad, the country’s most prestigious business school. She is now India’s wealthiest self-made female billionaire, according to Bloomberg.
Savitri Jindal, who is the chairwoman of the $18 billion O.P. Jindal Group — which was set up by her husband — remains the richest woman in the country, with a net worth of nearly $13 billion.
India’s billionaires have gotten richer
The pandemic has pushed many Indians out of the workforce, and particularly women who are lower down the economic ladder. But the last year has been great for the country’s ultra-wealthy.
Mukesh Ambani — chairman of the sprawling conglomerate Reliance Industries — is now worth more than $97 billion, over $20 billion more than a year ago, according to Bloomberg. Not far behind him is Adani Group founder Gautam Adani, whose wealth skyrocketed from less than $30 billion this time last year to over $85 billion today.
It has also been a landmark year for Indian tech startups. Several have received an enthusiastic response from investors after launching initial public offerings.
Earlier this year, food delivery giant Zomato became the first Indian tech unicorn — a term used for startups worth over $1 billion — to go public.
Nykaa isn’t the only high profile public debut this month, either. Payments firm Paytm launched a $2.5 billion IPO, India’s largest ever. It’s expected to start trading next week.
Self-made star Nani goes UNSTOPPABLE with NBK –
‘Unstoppable with NBK’ is the latest talk show in the town. Nandamuri Balakrishna turned a host for this Aha talk show and the first episode with Mohan Babu already caught everyone’s attention. Now, Natural Star Nani is the second guest on the show. The show organizers launched the second episode’s promo today.
Balakrishna introduced Nani as a hero who rose to stardom with no background. “Ee roju mana guest, mee nunchi vachadu. Self-made ki surname Nani,” Balakrishna said. Balakrishna was expecting Nani from backstage but Nani appears in the crowd.
Just like the first episode, the second episode promo is also a mix of fun, and emotional elements. Both Balakrishna and Nani played a cricket-like game. “I enjoy playing cricket. There will be a cricket kit in my car wherever I go,” said Balakrishna, adding, “including a guard”. It split everyone into laughs.
When Balakrishna shared that watching his father’s films with Mansion house is relaxation for him, Nani told the Simha actor that watching films is relaxation for him as well. Immediately, Balakrishna counters Nani saying, “Pulihora Kaburlu Cheppaku.”
Nani shared interesting aspects of his life, career, and especially the phase where two of his films were released directly on the OTT.
The episode will premiere on 12th November on Aha.
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