Barbados Richest: Top 7 Multi-Millionaires from Barbados & their Net Worth in 2018

This article outlines the top 7 Richest Bajans and their net worth in 2018. Who really are the richest Bajans? Barbados is one of the tiniest island on the Caribbean and is a home to some of the world’s billionaires. Bajans are quite warm and very hospitable. They are among the top Caribbean islands who have the richest millionaires and billionaires properties. Rated as one of the best Caribbean islands the island is home to the Bajans. Barbados climate is quite friendly and serene to live in.

Richest Bajans and their Net Worth

 

7. Rihanna

Image result for Rihana

Estimated worth: $ 300 million

Robyn Rihanna Fenty(born 20 February 1988) is a Bajan singer, songwriter, actress, and businesswoman. Born in Saint Michael, Barbados and raised in Bridgetown, during 2003, she recorded demo tapes under the direction of record producer Evan Rogers and signed a recording contract with Def Jam Recordings after auditioning for its then-president, hip hop producer and rapper Jay-Z.

In 2005, Rihanna rose to fame with the release of her debut studio album Music of the Sunand its follow-up A Girl like Me(2006), which charted on the top 10 of the US Billboard 200 and respectively produced the successful singles “Pon de Replay”, “SOS” and “Unfaithful”.

In 2017, Rihanna launched cosmetic company Fenty Beauty under LVMH’s Kendo Brands. The partnership was worth $10 million and would see Rihanna release various beauty products.The first installment of Fenty Beauty was released on 8 September 2017 in stores and online, available in over 150 countries.

It included an array of products including foundations, highlighters, bronzers, blush compacts, lip glosses, and blotting sheets and was praised for its diverse range for all skin colours.Timemagazine named Fenty Beauty as one “The 25 Best Inventions of 2017”, citing the breadth of its range.

 

6. Kyffin Donald Simpson

Kyffin Simpson

Estimated worth: $400 million

Kyffin Donald Simpson is a Bajan businessman.

On his return to Barbados he worked in several industries including the retail sector. This prepared him for his future in the commercial world. Mr. Simpson has a natural affinity for people which endears him to everyone that comes into contact with him. His love of cars propelled him to take advantage of the opportunity to manage several gas stations in the early 1970’s and this provided a platform of development for the industry that he grew into. So when the door opened to own a small and failing Volkswagen and then Mercedes car dealership, he grasped the opportunity and made a success of it.

In 1976, Mr. Kyffin Simpson founded Simpson Motors and this has laid the groundwork for the group of companies that exists today and which represents such brands as Suzuki, Mitsubishi, Isuzu, Mercedes, Chrysler, Porsche, John Deere, JCB and Ingersoll Rand/Bobcat with a regional network from Bermuda in the north to Guyana in the south and from Central America in the west to Barbados in the East.

In 2005 Simpson Oil Limited (SOL), an affiliate of Interamericana Trading Corporation, headed by Kyffin Simpson made a buy-out of the retail and commercial fuel operations of Shell Antilles & Guiana’s Limited making it the largest independent oil company in the Caribbean. In 2006, SOL acquired Shell’s marketing and retail assets in Puerto Rico building this network even further.

In addition to being Chairman of the Simpson Group of Companies Kyffin Simpson has served as director and shareholder of several major corporations including a charter director of the FirstCaribbean International Bank. He is also a member of the Board of the prestigious Americas Society and Council of the Americas whose mission is to promote awareness of the political, cultural and economic challenges currently facing the Western Hemisphere.

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