Does Rihanna own all of Fenty Beauty?
Does Rihanna own all of Fenty Beauty? Savage X Fenty and Fenty Beauty are co-owned by LVMH, a French luxury giant owned by billionaire Bernard Arnault. Rihanna owns 50 percent of Fenty Beauty, according to The New York Post. According to Forbes, Savage X Fenty is reportedly worth $270million as of March 2022.
How many brands does Rihanna own?
The majority of her wealth comes from her three businesses — Fenty Beauty, Fenty Skin and Savage x Fenty — rather than her music.
Who bought Fenty Beauty?
Fenty Beauty, which is a 50-50 joint venture with French luxury goods conglomerate LVMH (run by Bernard Arnault, the world’s second-richest person), launched in 2017 with the goal of inclusivity.
Why is Rihanna’s brand called Fenty?
Surprisingly, a lot of people are unaware of why Rihanna uses the name ‘Fenty’ across her beauty and clothing brands. The reason? Fenty is Rihanna’s surname! Hence the names ‘Fenty Beauty’, ‘Fenty x Puma’ – you get the drill.
