Rihanna faces billionaire exit as Fenty valuation falters
Rihanna’s fortune slips from $1.4 billion to $1 billion as Fenty brands face slowing sales, cost pressures, and global beauty market fatigue.
Cosmetics billionaire
Rihanna loses $400 million, but net worth stays above $1 billion
According to Forbes, which recently updated its estimate of her net worth, Rihanna’s wealth has dropped from $1.4 billion to $1 billion.
Rihanna expands beauty empire with launch of Fenty Hair, targeting $107 billion market
The recent announcement follows Rihanna’s recent visit to Shanghai to promote the April launch of Fenty Beauty in mainland China
Rihanna visits Shanghai following Fenty Beauty launch in China earlier this year
In a strategic move to solidify Fenty Beauty’s global dominance, Rihanna expanded the brand into China last month — her net worth sits at $1.4 billion according to Forbes
Companies owned by U.S.-Barbadian musician and cosmetics billionaire, Rihanna
Billionaires.Africa sheds light on Rihanna’s expansive portfolio, unveiling a glimpse into the various companies and holdings she commands.
Rihanna plans major comeback with $39.1-million deal with Live Nation
In October 2022, Rihanna made her long-awaited musical comeback with the release of her single, “Lift Me Up,” which marked her first release in six years.
Cosmetics billionaire Rihanna steps down as CEO of Savage X Fenty, Hillary Super named new CEO
With Rihanna’s transition and the appointment of Hillary Super as CEO, Savage X Fenty is positioned for continued growth and success.
Cosmetics billionaire Rihanna returns to Puma for Fenty x Puma line
Rihanna’s partnership with Puma has spanned almost a decade, beginning when she joined the German company as creative director in 2014.
Rihanna’s next billion-dollar move: The cosmetics mogul sets sights on new ventures to boost Fenty Brand
Rihanna is not resting on her laurels.
Rihanna set to expand billion-dollar empire with launch of children’s brand, Fenty Kids
The move comes more than six months after Rihanna filed two applications for “Fenty Hair” with the U.S. Patent and Trademark Office.
Cosmetics billionaire Robyn ‘Rihanna’ Fenty looks to launch haircare line under billion-dollar brand
Recently, Rihanna as seen her net worth fall by $300 million.
Cosmetics billionaire Rihanna’s net worth slumps by $300 million so far in June
However, she remains America’s second-wealthiest Black woman.