Rihanna's "Fenty" Brand Crowns Singer Richest Female Musician
- Wil Rivers
- Jul 4, 2021
- 2 min read
Updated: Jul 7, 2021
“That Rihanna reign just won’t let up” are the lyrics to superstar and singer Rihanna’s 2009 song “Hard” and appropriately so Rihanna’s reign just won’t let up as she becomes the world’s richest female musician with a whopping $600 million fortune according to Forbes.
Aside from music, most of the singer’s wealth comes from her partnership with LVMH, the French luxury goods giant ran by billionaire Bernard Arnault. Rihanna and LVMH co-own the make-up brand Fenty Beauty. Released in 2017 at Sephora, another LVMH brand, and online at FentyBeauty.com the make-up line quickly shot to success. Backed by Rihanna’s fame and now 16-year career Fenty Beauty garnered over $100 million in sales in its first two weeks of release.
According to Grand View Research the entire personal care industry has seen substantial growth over the past four years and reports that the industry could add up to more than $200 billion in sales by 2025. Many other celebrities such as Kylie Jenner and her Kylie Cosmetics has proved similar success.
Rihanna pursued her next venture in the personal care industry with a skincare line called Fenty Skin. Launched in July 2021 the product brands itself as a gender-inclusive, clean, cruelty-free, vegan, and environmentally friendly product.
Also sold at Sephora stores nationwide and online at FentyBeauty.com prices start at $14 for a mini version of the remove it all total face cleanser. Specific products in the skincare line include a facial cleanser, toner, SPF moisturizer, body cream, exfoliator and more. Sold individually or as bundled packages the success of Rihanna’s Fenty Skin line has proved Rihanna to have a following that equates to success in entrepreneurship.
Ahead of its one year anniversary shop here for all Fenty Skin products.
Comments