Celebs

TSR Big Bank Biz: Rihanna’s Savage X Fenty Now Worth $1 Billion

<p>According to <a class&equals;"notranslate" tabindex&equals;"0" href&equals;"https&colon;&sol;&sol;www&period;instagram&period;com&sol;forbes&sol;">&commat;forbes<&sol;a>&comma;<a href&equals;"https&colon;&sol;&sol;dev&period;theshaderoom&period;com&sol;&quest;s&equals;rihanna&amp&semi;post&lowbar;type&equals;post"> Rihanna<&sol;a> has made a big bag with Savage X Fenty&period; The lingerie line is now valued at &dollar;1 billion dollars&excl;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Fashion&comma; culture and private equity have collided with Rihanna’s successful Savage x Fenty hitting another major milestone by raising its &dollar;115 million Series B funding round&comma; at a &dollar;1 billion valuation&comma;”<a href&equals;"http&colon;&sol;&sol;www&period;forbes&period;com"> Forbes<&sol;a> reports&period;<&sol;p>&NewLine;<p>While many of her fans are still waiting on that <a class&equals;" xil3i" tabindex&equals;"0" href&equals;"https&colon;&sol;&sol;www&period;instagram&period;com&sol;explore&sol;tags&sol;r9&sol;">&num;R9<&sol;a> album&comma; Rihanna has been occupied growing her Savage x Fenty business&period; The lingerie brand’s revenue grew by more than 200&percnt; last year&period; Savage x Fenty also &OpenCurlyDoubleQuote;increased its active VIP member base by more than 150&percnt;&comma;” according to a statement from the company&comma; Forbes also reports&period;<&sol;p>&NewLine;<p>Rihanna is no stranger to getting that coin&period; In 2018&comma; Rihanna&&num;8217&semi;s Fenty beauty line accrued &dollar;558 million in the first year of its operation&period;<&sol;p>&NewLine;<p>Most recently&comma; Rihanna teased fans with &&num;8216&semi;R9&&num;8217&semi; on Instagram&period; She took to the social media site and posted a video that was captioned&comma; &&num;8220&semi;Nobody&colon;&&num;8221&semi; She added&comma; &&num;8220&semi;R9&period;&&num;8221&semi;<&sol;p>&NewLine;<blockquote class&equals;"instagram-media" data-instgrm-permalink&equals;"https&colon;&sol;&sol;www&period;instagram&period;com&sol;p&sol;CLPV7J&lowbar;B0xx&sol;&quest;utm&lowbar;source&equals;ig&lowbar;embed&&num;038&semi;utm&lowbar;campaign&equals;loading" data-instgrm-version&equals;"14" style&equals;" background&colon;&num;FFF&semi; 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- 2px&rpar;&semi;"><&sol;iframe>&NewLine; <&sol;div><&sol;blockquote>&NewLine;<p>As you may know&comma; the mogul also has a new man in her life&period; A source apparently told <a href&equals;"https&colon;&sol;&sol;people&period;com&sol;music&sol;rihanna-very-happy-with-boyfriend-asap-rocky-source-exclusive&sol;">People<&sol;a>&comma; that both Rocky &amp&semi; Rihanna have been &OpenCurlyDoubleQuote;inseparable for the past few weeks&period;” Judging by the huge smile on their faces when they were going tubing and the intimate convos they were having on their beautiful yacht&comma; I don’t doubt it&excl; The couple have been spotted together in NYC around Thanksgiving&comma; and most recently on Christmas Even hand in hand&period; Now&comma; it may be safe to say they could be ringing in the new year together and kickin’ off 2021 on those boo’d up vibes&period;<&sol;p>&NewLine;<p>We love to see it&excl;<&sol;p>&NewLine; <div class&equals;"wpra-reactions-wrap wpra-plugin-container" style&equals;"justify-content&colon; 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LaJanee

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