The internet price of the musician-turned-entrepreneur has hit $1.7 billion, in response to Forbes. But whereas Rihanna has lots of songs which have topped Billboard charts, it’s her vogue and magnificence endeavours constructed a lot of the wealth.
Rihanna’s lingerie line, Savage x Fenty, is price some $270 million, whereas her Fenty Beauty line is price about $2.8 billion, Forbes estimated. Rihanna owns 50 p.c of her magnificence line and 30 p.c of her lingerie line.
Fenty Beauty is commonly celebrated for its inclusive color vary, with the “Fenty impact” pushing different manufacturers to additionally provide 40 completely different basis shades. In 2018, gross sales topped $550 million, beating competing movie star manufacturers like Kim Kardashian West’s KKW Beauty and Jessica Alba’s Honest Company.
Since debuting her make-up line in 2017, Rihanna has gone on to launch a skincare line, and most just lately, a gender-free perfume. Some different endeavours have fallen flat, like her high-end vogue line with LVMH, which launched in 2019 and was shuttered in February 2021.
Learn extra:
Fenty Beauty vs. Kylie Cosmetics: The Race to a Billion Dollar Brand
Skincare manufacturers are introducing new merchandise to guard and heal pores and skin regardless of tone, chasing the identical underserved group of racially numerous customers that turned Rihanna’s Fenty Beauty into an in a single day sensation.
https://www.businessoffashion.com/information/magnificence/beauty-and-lingerie-lines-help-rihanna-become-a-billionaire
