Musician, Fenty Beauty Mogul Rihanna Makes Debut On Forbes’ Billionaires List

Annette K. Brown

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Rihanna, the award-winning musician, fashion, and splendor mogul, has officially landed on the Forbes billionaire checklist with a $1.7 billion internet really worth.

The Bajan movie star has recorded an album considering that her 2016 album Anti, but past August, Forbes named Rihanna the richest female musician in the entire world. Additionally, she has turn into a heavyweight in natural beauty, vogue, and underwear with her Savage X Fenty lingerie brand name, with a 30% curiosity, and the Fenty Magnificence and make-up line. In accordance to Forbes, Fenty produced additional than $550 million in profits in 2020.

The brand’s good results is because of in significant portion to its inclusive nature. The lingerie arrives in all dimensions, such as for entire-dimension girls who want to search and come to feel very good. The make-up is also inclusive for all pores and skin hues and skin sorts, with 40 shades provided to consumers. The makeup brand name has a significant on line existence, and its solutions are marketed in Sephora retailers nationwide.

“A ton of women felt there were being no [makeup] traces out there that catered to their pores and skin tone. It was light, medium, medium-dim, dark—we all know which is not truth,” Bluestock Advisors co-founder of shopper items Shannon Coyne told Forbes final calendar year. “She was just one of the 1st makes that came out and mentioned, ‘I want to converse to all of those people distinct people.’”

Yahoo Finance experiences Savage X Fenty is eyeing an first general public featuring that could benefit up to $3 billion. A listing could materialize later this year. In new months, the fashion manufacturer has expanded with five brick-and-mortar destinations amongst California and Las Vegas. The brand also lifted $125 million in the course of a funding round in January.

Rihanna also designed headlines as she confirmed her infant bump in many general public appearances, such as the Dior Autumn-Wintertime 2022 present at Paris Vogue Week, when a reporter knowledgeable the superstar she was late.

The before long-to-be mother experienced the perfect response.

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