Rihanna's Savage X Fenty Is Worth $1 Billion
It's been reported that Rihanna 's Savage X Fenty is worth $1 billion these days. The Shade Room knows more details about all this, and you can check them out below.
'Fashion, culture and private equity have collided with Rihanna’s successful Savage x Fenty hitting another major milestone by raising its $115 million Series B funding round, at a $1 billion valuation,' Forbes reports as cited by TSR.
TSR continued and said that 'While many of her fans are still waiting on that #R9 album, Rihanna has been occupied growing her business. The lingerie brand’s revenue grew by more than 200% last year. Savage x Fenty also “increased its active VIP member base by more than 150%,” according to a statement from the company, Forbes also reports.'
Someone said: 'Y’all better congratulate her and have the same energy y’all had for Kylie,' and one other follower posted this message: 'Period Rih! Black history month doing its thang!'
A commenter said: 'And you think she has time for an album,' and one other follower said: 'Congrats, RiRi!' This is great!'
More people continued to drop congratulatory messages in the comments.
‘She needs to show off an album. She cute tho!’ someone posted, and another follower said: ‘Can y’all move the watermark, I’m tryna see something 😩.’
She made headlines not too long ago when it’s been revealed that Rihanna ‘s fans are definitely going to get mad when they hear this one! The Shade Room dropped the news, and you can check out the complete available details below.
TSR writes that the fashion world is currently trying to process the news surrounding Rihanna and her Fenty fashion house.