{"id":31433,"date":"2021-08-05T11:15:17","date_gmt":"2021-08-05T01:15:17","guid":{"rendered":"https:\/\/graziamagazine.com\/?post_type=articles&p=198324"},"modified":"2021-08-05T02:40:50","modified_gmt":"2021-08-05T02:40:50","slug":"rihanna-billionaire-fenty","status":"publish","type":"articles","link":"https:\/\/graziamagazine.com\/us\/articles\/rihanna-billionaire-fenty\/","title":{"rendered":"Rihanna Is Officially A Billionaire, Thanks To Her Fenty Beauty Empire"},"content":{"rendered":"
\"\"
LOS ANGELES, CALIFORNIA – OCTOBER 1: In this image released on October 1, Rihanna attends the second press day for Rihanna’s Savage X Fenty Show Vol. 2 presented by Amazon Prime Video at the Los Angeles Convention Center in Los Angeles, California; and broadcast on October 2, 2020. (Photo by Kevin Mazur\/Getty Images for Savage X Fenty Show Vol. 2 Presented by Amazon Prime Video)<\/figcaption><\/figure>\n

She’s always been the undisputed queen of cool, but Rihanna has officially received a new title: billionaire. The 33-year-old musician and fashion and beauty mogul is worth a reported US$1.7 billion according to Forbes<\/em><\/a>, with the bulk of her wealth due to the star’s feverishly popular Fenty Beauty<\/a> cosmetics line. The publication estimates that of the total amount, US$1.4 billion can be attributed to her 50 per cent ownership of Fenty Beauty, which is stocked globally by the likes of Sephora.<\/p>\n

The brand, which first hit shelves back in 2017, is credited with changing the entire beauty industry after launching with 40 foundation shades \u2013 something that was unheard of at the time, but has since become an unofficial industry benchmark. Rihanna’s ethos was to offer a range that catered to all skin types and tones, which has been reflected throughout Fenty Beauty’s expansive offering in subsequent years.<\/p>\n

\n
<\/p>\n
\n
<\/div>\n
\n
<\/div>\n
<\/div>\n<\/div>\n<\/div>\n
<\/div>\n
<\/path><\/g><\/g><\/g><\/svg><\/div>\n
\n
View this post on Instagram<\/div>\n<\/div>\n
<\/div>\n
\n
\n
<\/div>\n
<\/div>\n
<\/div>\n<\/div>\n
\n
<\/div>\n
<\/div>\n<\/div>\n
\n
<\/div>\n
<\/div>\n
<\/div>\n<\/div>\n<\/div>\n
\n
<\/div>\n
<\/div>\n<\/div>\n

<\/a><\/p>\n

A post shared by FENTY BEAUTY BY RIHANNA (@fentybeauty)<\/a><\/p>\n<\/div>\n<\/blockquote>\n