Skip to main content
BoF Logo

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.

Rihanna Is Now Worth $1.7 Billion, Thanks to Fenty Beauty and Savage Lines

A 50 percent stake in her LVMH-backed makeup line has been the biggest contributor to the pop singer’s fortune, according to Forbes.
Rihanna's net worth is estimated by Forbes at $1.7 billion. Getty.
Rihanna's net worth is estimated by Forbes at $1.7 billion. Getty. (Edward Berthelot)

The net worth of the musician-turned-entrepreneur has hit $1.7 billion, according to Forbes. But while Rihanna has plenty of songs that have topped Billboard charts, it’s her fashion and beauty endeavours that built much of the wealth.

Rihanna’s lingerie line, Savage x Fenty, is worth some $270 million, while her Fenty Beauty line is worth about $2.8 billion, Forbes estimated. Rihanna owns 50 percent of the LVMH-backed beauty line and 30 percent of her lingerie line.

Fenty Beauty is often celebrated for its inclusive colour range, with the “Fenty effect” pushing other brands to also offer 40 different foundation shades. In 2018, sales topped $550 million, beating competing celebrity brands like Kim Kardashian West’s KKW Beauty and Jessica Alba’s Honest Company.

Since debuting her makeup line in 2017, Rihanna has gone on to launch a skincare line, and most recently, a gender-free fragrance. Some other endeavours have fallen flat, like her high-end fashion line with LVMH, which launched in 2019 and was shuttered in February 2021.

ADVERTISEMENT

Learn more:

Fenty Beauty vs. Kylie Cosmetics: The Race to a Billion Dollar Brand

Skincare brands are introducing new products to protect and heal skin regardless of tone, chasing the same underserved group of racially diverse consumers that turned Rihanna’s Fenty Beauty into an overnight sensation.

In This Article

© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

More from Beauty
Analysis and advice on the fast-evolving beauty business.
view more

Subscribe to the BoF Daily Digest

The essential daily round-up of fashion news, analysis, and breaking news alerts.

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.
CONNECT WITH US ON
The Business of Beauty Global Awards - Deadline 30 April 2024
© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions, Privacy Policy, Cookie Policy and Accessibility Statement.
The Business of Beauty Global Awards - Deadline 30 April 2024