Rihanna has a huge reason to celebrate.
For, her Savage X Fenty brand has now been valued at $1 billion, according to Forbes.
Full story below…
The news comes after the brand raised $115 million in a round of Series B Funding.
Private equity firm L Catterton, in which LVMH Moët Hennessy Louis Vuitton has a stake and will put the money toward expanding the brand into more retail locations.
Savage X Fenty saw a huge increase of 200% in sales last year and “increased its active VIP member base by more than 150%,” according to the company.
Previously, Rihanna’s stake in the company was estimated at $85 million. That number has now climbed all the way to $375 million.
The brand was first launched in 2018 and many insiders now predict that it could become the global lingerie market leader by 2025.
An impressive feat to say the least. But what are…
![Kanye West Unleashes 'Like That' Remix [Listen]](https://thatgrapejuice.net/wp-content/uploads/2024/04/kanye-west-like-that-remix-tgj-464x260.jpg "Kanye West Unleashes 'Like That' Remix [Listen].")
Congrats to her and the Navy she’s out here creating generational wealth.
suck on Riri’s 1 billion dollar d*** yall haters. ive been on this site since 2009, and I can confidently say rihanna was the most hated artist ever. guess who got the last laugh ? she will always stay winning.
You ain’t never lied about that! You would’ve thought she did something to Sam’s momma the way he dogged her. Look at him now…A FAN!
If I had physically met Sam back then I swear I would have thrown a brick at him on behalf of Rihanna lol. How things change.
I been here that long and u aresooooo right. This was a Rihanna hate site for a long while
Thank you. I was literally just saying the same thing. I remember clear as day back in 2009. She was always hated, no matter how much times she exceeded expectations, broke records and placed her name in history books, the haters still always find the negative. When will we give her her flowers? NO ONE expected Rihanna to be where she is today. They always said her 5 mins soon up.
THIS!!!!! They tried but the devil is a liar. She WON!
Rihanna don’t sell the brand! You don’t need them
And flopmami is getting 1K for Savage X Fenty commercial 💅🏿💅🏿💅🏿
Rihanna looks a $200 cheap ass stripper in that pic 💅🏿💅🏿 Put on some clothes gurl, don’t let your stretch marks shown
She Keeps on thriving! She wasn’t Lying when she said “ That Rihanna Reign won’t let up”
This blog hates this women so much. Today y’all have nothing to say. She proved y’all wrong ten folds. Imagine sitting behind a computer to dog a young black women on her grind. From the times she topped the charts to the time she won the vanguard award, y’all are so miserable it’s sad. She’s a billionaire now and y’all will never ever take her impact away. How’s that for grape juice to sip on!
If you believe this then I have a bridge to sell you….. Ain’t noone buying her trash. LVHM just dropped her luxury brand, which is why this story has been published. YAWN!
Her luxury brand grossed 380 million dollars it’s inaugural year. That is very successful. It has not been shut down definitely just put in pause because she can’t keep up with the demands of a luxury fashion line.
B*******! Her people put out these lies to soften the blow of her line being dropped
It wasn’t dropped just put on pause because of c****.
Is this news meant t to divert attention from the flop of her last design?
Has anyone noticed she is always doing That?
Once u hear bad news about her,the next day news of a new certification pops out lol