July 8, 2023 | Eul Basa

Rihanna: A True Self-Made Billionaire Success Story


Rihanna is known worldwide for her music career, but she has also made a significant impact in the financial world. The Barbadian singer, songwriter, and actress has become a successful entrepreneur, with a net worth of approximately $600 million, according to Forbes.

One of Rihanna's most notable contributions to the financial world is her partnership with French luxury goods conglomerate LVMH. In 2019, she launched her own fashion line, Fenty, in collaboration with LVMH. The line features high-end clothing, shoes, and accessories, and has been praised for its inclusivity, with a wide range of sizes and skin tone options. The launch of Fenty made Rihanna the first woman of color to lead a fashion house under the LVMH brand.

Fenty has been a commercial success, with sales reportedly reaching $100 million in its first few weeks. The line's success can be attributed to Rihanna's massive global following and her ability to connect with consumers through social media. Rihanna has over 100 million followers on Instagram, and Fenty has its own dedicated account with over 8 million followers.

In addition to her fashion line, Rihanna has also made strategic investments in various companies. She has invested in online styling service, Stitch Fix, and beauty brand, Huda Beauty. Rihanna's investments have proven to be successful, with both companies experiencing significant growth.

Rihanna has also made a significant impact in the beauty industry. In 2017, she launched her own makeup line, Fenty Beauty, in partnership with Kendo Brands. Fenty Beauty was praised for its inclusivity, with a wide range of foundation shades for all skin tones. The line's success has been attributed to Rihanna's personal involvement in the development and marketing of the products, as well as her ability to connect with consumers.

Fenty Beauty has been a commercial success, with sales reaching $570 million in its first year. The line's success has also had a ripple effect in the beauty industry, with other brands expanding their shade ranges to be more inclusive.

In conclusion, Rihanna's impact in the financial world cannot be ignored. Through her successful fashion and beauty lines, as well as her strategic investments, she has become a powerful force in the business world. Rihanna's success can be attributed to her strong brand image, her ability to connect with consumers, and her commitment to inclusivity.


READ MORE

children

Conflicted People Reveal Their Most Dark And Disturbing Family Secret

Here lie real accounts of the moments people who thought they were "normal", discovered that their personal family secret is darker than expected.
July 12, 2018 Eul Basa
Internal_Template

Divorce Lawyers Share The Most Ridiculous Reason A Client Has Filed For A Divorce

A divorce is most often always a painful event. Here, divorce lawyers share the strangest reasons someone has come to their office and asked for a divorce.
August 10, 2018 Eul Basa
expulsion

Ex-College Students Share Their Crazy Expulsion Stories

Between partying and struggling to make pass, there are many chances for you to meet trouble in your college years. Rarely, though, people face expulsion.
August 11, 2018 Eul Basa
socinternal

Therapists Share The Exact Moment They Realized They Were Treating A Sociopath

The sociopath condition isn't diagnosed as much as movies make us to think. That doesn't mean there aren't real-life sociopaths out there seeking analysis.
August 16, 2018 Eul Basa
1

Wise People Share What You Should Know About Marriage Before Proposing

Proposing to your significant other is one of the biggest commitments that you can make in your life. Let these veterans tell you why.
September 7, 2018 Eul Basa
funnytest123

Teachers Share The Most Hilarious Answers People Have Filled Out On A Test

When students are uncertain the answers to questions, they often just give it their best guess or leave it blank. Some kids are a little more creative.
August 13, 2018 Eul Basa



Dear reader,


It’s true what they say: money makes the world go round. In order to succeed in this life, you need to have a good grasp of key financial concepts. That’s where Moneymade comes in. Our mission is to provide you with the best financial advice and information to help you navigate this ever-changing world. Sometimes, generating wealth just requires common sense. Don’t max out your credit card if you can’t afford the interest payments. Don’t overspend on Christmas shopping. When ordering gifts on Amazon, make sure you factor in taxes and shipping costs. If you need a new car, consider a model that’s easy to repair instead of an expensive BMW or Mercedes. Sometimes you dream vacation to Hawaii or the Bahamas just isn’t in the budget, but there may be more affordable all-inclusive hotels if you know where to look.


Looking for a new home? Make sure you get a mortgage rate that works for you. That means understanding the difference between fixed and variable interest rates. Whether you’re looking to learn how to make money, save money, or invest your money, our well-researched and insightful content will set you on the path to financial success. Passionate about mortgage rates, real estate, investing, saving, or anything money-related? Looking to learn how to generate wealth? Improve your life today with Moneymade. If you have any feedback for the MoneyMade team, please reach out to [email protected]. Thanks for your help!


Warmest regards,

The Moneymade team