Rihanna is known for her many international hits like Umbrella and We Found Love. But it also turns out that the artist is a real businesswoman. According to Forbes magazine, his fortune is estimated at $ 1.7 billion. His success could not be explained by cons by the sale of his albums to global success. It is mainly thanks to her cosmetic empire that Rihanna has managed to rise to the rank of “the richest musician in the world”.

Fenty Beauty, her cosmetics business was launched in 2017. Within a year of launching, the company has a turnover of $ 550 million. It should be noted that Rihanna is in partnership with the giant LVMH for its beauty brand. According to Forbes, the singer and actress owns 50% of the shares. In addition, Rihanna has a 30% stake in the Savage X Fenty lingerie line. Note that “Fenty” comes from the real name of the 33-year-old star, Robyn Fenty.

“Give the skin the appearance of skin”

Rihanna had no shortage of arguments when launching her cosmetics brand. She wanted all “women around the world [to feel] included”. Her bet has been won since she has managed to reach her target, which explains the success of her products and the growth of her business. In addition, Bernard Arnault, third richest person in the world and CEO of LVMH, also sees her as a true CEO. Speaking of the star, Bernard Arnault said: “… I discovered a real entrepreneur, a real CEO and a great leader.”

Rihanna © STARMAX

rihanna.jpg
Share on facebook
Share on twitter
Share on pinterest
Share on reddit
Share on telegram
Share on whatsapp
Emily
Emily
Passionate about people news, I transcribe on this site the best scoops of our beloved personalities. Follow us on the social networks so you don't miss anything. XOXO

Leave a Reply