How much of Fenty Beauty Does Rihanna own?
How much of Fenty Beauty Does Rihanna own?
The bulk of her fortune (an estimated $1.4 billion) comes from the value of Fenty Beauty, of which Forbes can now confirm she owns 50%.
Does Rihanna own the brand Fenty?
Fenty (stylized as FEИTY) is a fashion house founded by Rihanna under the luxury fashion group LVMH (Moët Hennessy Louis Vuitton) which was founded in 2017 and launched in May 2019....Fenty (fashion house)
| The logo of Fenty | |
|---|---|
| Type | Consumer goods |
| Owner | Robyn Rihanna Fenty Bernard Arnault |
| Parent | LVMH |
| Website | fenty.com |
When did Rihanna start the Fenty Beauty brand?
- In September 2017, Rihanna launched her cosmetics empire with Fenty Beauty, which instantly gained popularity not just because it was backed by a worldwide superstar, but also because her brand is focused on broad infelicity across skin tones and gender.
Who owns Fenty cosmetics?
- Kendo, the company who owns Fenty Beauty, also owns Kat Von D Beauty, Marc Jacobs Beauty, Bite Beauty, and another beauty company. I don’t think any celebrity, no matter how rich, would want to foot the bill for creating a huge cosmetics company from the ground up and fight the battle of getting into the stores.
How much money does Rihanna make from Fenty?
- Still, if Fenty Beauty products are selling up to $500 million a year, the Grammy award winner would still be earning a cool $50 million, which isn’t bad but if you’re already going to present the business as your own, one may as well own a 100 percent stake similar to the Kardashians.
When did Fenty cheeks out freestyle blush come out?
- Fenty Beauty Cheeks Out Freestyle Cream Blush launched on 17 April, 2020. It retails for $20.00 and contains 0.1 oz.. The initial products released by Fenty Beauty were widely seen as reasonably priced (especially compared to other prestige brands) and accessible to a broad range of consumers, following Rihanna's approach to her fragrance releases.
