Rihanna is no longer just a global music icon — she’s now a bona fide business legend. The singer-turned-entrepreneur has officially become the first Black woman to build two separate billion-dollar companies: Fenty Beauty and Savage X Fenty, which together are now valued at more than $3 billion.
Rihanna launched Fenty Beauty in 2017 in partnership with LVMH’s Kendo Brands. From day one, the brand’s mission was clear: inclusivity. With a groundbreaking shade range, the line reimagined what beauty could — and should — mean for people of every skin tone.
The cosmetics company grew rapidly and is now valued between $1 billion and $2 billion, depending on the source. Some earlier reports placed it even higher, highlighting how the brand has changed the makeup game.
Not content to dominate just the beauty world, Rihanna opened a second front in fashion with Savage X Fenty, her lingerie brand launched in 2018. But this isn’t your average lingerie line — Savage X Fenty has become iconic for its size inclusivity, diverse representation, and runway shows that feel more like electrifying concerts than fashion events.
In 2021, the brand hit a major milestone: it raised $115 million in funding and was valued at $1 billion. Rihanna reportedly owns about 30% of Savage X Fenty.
When you add Fenty Beauty and Savage X Fenty together, Rihanna’s business empire now surpasses $3 billion in valuation. That’s not just a financial win — it’s a cultural one. She’s breaking barriers and rewriting business history, proving that style, representation, and smart entrepreneurship can go hand in hand.
Fans and industry watchers alike celebrate this moment as a powerful win for women of color, for innovation, and for authenticity. Rihanna’s journey from Grammy-winning artist to business mogul shows that she’s not just creating products — she’s building an empire rooted in empowerment.