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

Rihanna, the award-successful musician, manner, and attractiveness mogul, has officially landed on the Forbes billionaire record with a $1.7 billion net really worth.

The Bajan celeb has recorded an album due to the fact her 2016 album Anti, but last August, Forbes named Rihanna the richest woman musician in the globe. On top of that, she has turn out to be a heavyweight in magnificence, fashion, and underwear with her Savage X Fenty lingerie brand name, with a 30% fascination, and the Fenty Magnificence and makeup line. According to Forbes, Fenty generated more than $550 million in profits in 2020.

The brand’s good results is owing in substantial portion to its inclusive mother nature. The lingerie arrives in all dimensions, which includes for entire-dimension women who want to search and really feel superior. The make-up is also inclusive for all pores and skin colors and pores and skin sorts, with 40 shades provided to consumers. The make-up manufacturer has a significant on the internet existence, and its products are offered in Sephora shops nationwide.

 “A whole lot of women of all ages felt there have been no [makeup] traces out there that catered to their skin tone. It was gentle, medium, medium-dim, dark—we all know which is not reality,” Bluestock Advisors co-founder of buyer merchandise Shannon Coyne instructed Forbes past year. “She was 1 of the 1st models that came out and claimed, ‘I want to converse to all of individuals unique people.’”

Yahoo Finance studies Savage X Fenty is eyeing an first community offering that could value up to $3 billion. A listing could come about afterwards this yr. In new months, the fashion manufacturer has expanded with five brick-and-mortar spots among California and Las Vegas. The manufacturer also lifted $125 million throughout a funding spherical in January.

Rihanna also designed headlines as she confirmed her newborn bump in many public appearances, such as the Dior Autumn-Winter 2022 display at Paris Vogue Week, when a reporter knowledgeable the celebrity she was late.

The quickly-to-be mom experienced the perfect response. out?v=USEEYal4cWQ