Investors have high hopes in Rihanna and her SAVAGE X Fenty brand.
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After watching how Fenty Beauty soared, some of the world’s wealthiest entities are keen to support her new venture by investing in the company with hopes doing so will see them cash out once its numbers rolls in.
One of the investors? Jay-Z.
The generous rapper invested in the company by way of his venture firm Marcy Ventures Partners LLC fourteen years after he used his position as the CEO of Def Jam to launch her career in Pop music.
The good news comes after the world learned of her groundbreaking partnership with LVMH which will see her become the first black woman to sit at the head of one of the company’s tables.
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