Hip Hop Gossip

Rihanna’s Savage x Fenty Lingerie Line Receives Additional $50M In Funding

Rihanna is always a safe bet.

In June, Forbes announced that is the . Considering all the thriving business ventures that Rihanna has taken on in the past few years alongside her music career, this news shouldn’t have been surprising. Everything Rihanna touches turns to gold.

The Barbadian artist launched her Fenty Beauty cosmetics empire back in 2017 and it has since raked in an estimated $570 million USD. After witnessing the rapid success of this endeavor,, which has already amassed sales of almost $150 million USD. Rihanna also . Rihanna’s companies are admired for their inclusivity. Fenty Beauty provided a variety of makeup shades that was unprecedented and Savage x Fenty is praised for its . Rihanna's Savage x Fenty Lingerie Line Receives Additional $50M In FundingAdam Bettcher/Getty Images

With results like this, trying to get a share of whatever Rihanna is cooking is certainly a good idea. Today, the Wall Street Journal revealed that Savage x Fenty has received a $50 million USD investment, bringing the company’s total investments to $150 million USD. Previous investors include JAY-Z’s venture firm Marcy Venture Partners LLC and the growth-equity firm Avenir Growth Capital. 

Rihanna . Aside from all these entrepreneurial projects, . 

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