Rihanna, the award-winning musician, fashion, and beauty mogul, has officially landed on the Forbes billionaire list with a $1.7 billion net worth. Additionally, she has become a heavyweight in beauty, fashion, and underwear with her Savage X Fenty lingerie brand, with a 30% interest, and the Fenty Beauty and makeup line. According to Forbes, Fenty generated more than $550 million in revenue in 2020. The makeup brand has a significant online presence, and its products are sold in Sephora stores nationwide. '”Yahoo Finance reports Savage X Fenty is eyeing an initial public offering that could value up to $3 billion.

Source: Forbes April 08, 2022 12:50 UTC