Rihanna Is Now Worth $1.7 Billion, Many thanks to Fenty Elegance and Savage Strains | The Company of Elegance

The net worth of the musician-turned-entrepreneur has strike $1.7 billion, in accordance to Forbes. But even though Rihanna has a good deal of tunes that have topped Billboard charts, it’s her vogue and natural beauty endeavours that built substantially of the wealth.

Rihanna’s lingerie line, Savage x Fenty, is worthy of some $270 million, whilst her Fenty Elegance line is worth about $2.8 billion, Forbes approximated. Rihanna owns 50 p.c of the LVMH-backed beauty line and 30 % of her lingerie line.

Fenty Elegance is usually celebrated for its inclusive colour selection, with the “Fenty effect” pushing other brand names to also offer you 40 unique basis shades. In 2018, product sales topped $550 million, beating competing celeb makes like Kim Kardashian West’s KKW Elegance and Jessica Alba’s Straightforward Enterprise.

Given that debuting her make-up line in 2017, Rihanna has absent on to start a skincare line, and most just lately, a gender-free fragrance. Some other endeavours have fallen flat, like her high-conclusion manner line with LVMH, which released in 2019 and was shuttered in February 2021.

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Fenty Beauty vs. Kylie Cosmetics: The Race to a Billion Greenback Brand

Skincare models are introducing new goods to protect and mend skin irrespective of tone, chasing the exact underserved team of racially diverse individuals that turned Rihanna’s Fenty Attractiveness into an overnight feeling.