Rihanna's fortune is built mainly on brands she co-owns rather than a venture fund — above all Fenty Beauty, a 50-50 joint venture with LVMH, and lingerie label Savage X Fenty.
- When
- Launched May 2019; Rihanna became the first woman of color to lead an LVMH house and the group's first all-new house since Christian Lacroix in 1987.
- Why
- Build a luxury fashion brand from scratch with hands-on creative control instead of a celebrity collaboration.
- Status
- Suspended in February 2021 by mutual agreement after less than two years, amid pandemic disruption and weak traction, so the partners could focus on beauty, skincare and lingerie.
W Magazine, 2019 ↗Forbes, 2021 ↗Full Rihanna profile →