SpaceX's Posts
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slawormiir:get outta here you scammer!!! |
The thing self Don finish. |
While Barbados-born Rihanna isn’t the only celebrity to capitalize on her social media presence—she has 101 million followers on Instagram and 102.5 million on Twitter—to build a beauty brand, she is the most successful beauty entrepreneur to do so. Fenty Beauty, which is a 50-50 joint venture with French luxury goods conglomerate LVMH (run by Bernard Arnault, the world’s second-richest person), launched in 2017 with the goal of inclusivity. Its products come in a diverse range of colors—foundation is offered in 50 shades, including harder-to-find darker shades for women of color—and are modeled in its advertising by an equally diverse group of people. Available online and at Sephora stores, which are also owned by LVMH, the products were an instant success. By 2018, its first full calendar year, the line was bringing in more than $550 million in annual revenues, according to LVMH, beating out other celebrity-founded brands like Kylie Jenner’s Kylie Cosmetics, Kim Kardashian West’s KKW Beauty and Jessica Alba’s Honest Co. “A lot of women felt there were no lines out there that catered to their skin tone. It was light, medium, medium dark, dark,” says Shannon Coyne, cofounder of consumer products consultancy Bluestock Advisors. “We all know that’s not reality. She was one of the first brands that came out and said, ‘I want to speak to all of those different people.’” While cosmetics sales slowed during the pandemic, beauty companies are worth as much as ever. Stocks of larger beauty conglomerates like Estée Lauder and L’Oréal have bounced back, reaching all-time highs and trading at impressive 7.5 (or more) times annual revenues. Meanwhile, independent brands like Beautycounter and Charlotte Tilbury inked deals with investment firms earlier this year at billion-dollar valuations. That is good news for Rihanna. Thanks to the impressive multiples at which beauty companies are trading, Fenty Beauty is worth a conservative $2.8 billion, Forbes estimates. And all signs point to the company continuing to grow. In its annual report for 2020, LVMH said Fenty Skin, which launched last year, was off to a “very promising start” and “generated unprecedented buzz,” and that Fenty Beauty “maintained its appeal as a premier makeup brand.” Fenty Beauty isn’t Rihanna’s only billion-dollar brand. In February her lingerie line Savage x Fenty raised $115 million in funding at a $1 billion valuation. The company, which launched in 2018 as a joint venture with TechStyle Fashion Group, counts blue-chip investors like Jay-Z’s Marcy Venture Partners and private equity firm L. Catterton (in which Bernard Arnault is an investor) as shareholders. Rihanna maintains a 30% ownership stake, Forbes estimates. The latest round of funding will reportedly be used for customer acquisition and retail expansion. Not that everything Rihanna touches turns to gold. In February, LVMH and Rihanna confirmed in a statement to Forbes that they had shut down their other venture, a high-end fashion and accessories house also called Fenty. Launched in 2019, Fenty sought to extend Rihanna’s brand of inclusivity and offer styles in a range of sizes. But like many luxury fashion brands, the high-priced line suffered during the pandemic, releasing its last collection in November 2020. The only complaint some fans may have about her career as a fashion and beauty mogul? It keeps her busy. The singer, who used to release an album almost every year, hasn’t released a new album since 2016’s Anti. From a financial perspective, that may be just fine: “She is creating a brand outside of herself. It’s not just about Rihanna,” says consultant Coyne. “Even if you don’t like her music, she’s created a real style in the fashion and beauty space.” |
When Robyn Fenty, known to the world as Rihanna, launched Fenty Beauty in 2017, she sought to create a cosmetics company that made “women everywhere (feel) included.” A perhaps unintended consequence: The beauty line has helped her enter one of the world’s most exclusive ranks: Billionaire. Rihanna is now worth $1.7 billion, Forbes estimates—making her the wealthiest female musician in the world and second only to Oprah Winfrey as the richest female entertainer. But it’s not her music that’s made her so wealthy. The bulk of her fortune (an estimated $1.4 billion) comes from the value of Fenty Beauty, of which Forbes can now confirm she owns 50%. Much of the rest lies in her stake in her lingerie company, Savage x Fenty, worth an estimated $270 million, and her earnings from her career as a chart-topping musician and actress. Source: https://www.youtube.com/watch?v=WCSSNONbWHk&pp=sAQA
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Is it true that white London understand the 3 major languages? If so, he deserves to win to promote good culture. |
And to think she married a high earning man, the 1%. |
Aboki namu means our friend, it's not mockery. |
Where can I stream for free? |
Where are her parents? Someone brought up that man, who can that be? I guess a woman!! Both parents failed!!!! |
Guys at most times do make their intention to a lady upfront; either by body language or verbally, women don't like to hold themselves accountable for their actions. How did you get pregnant? Blame the man...; Why are you not married? Blame the man..; why did you cheat? He wasn't there for me...; How do we pay the bills? That's your responsibility!!!; There's a noise coming out from the kitchen? Uhmm... you're the man protect me!!; I'm hungry with some cash? Why don't you get something for yourself I have Dm's to reply. |
Let's be honest with ourselves here, most women like to pick what suit them in a relationship, they want you to perform your traditional role as a man but exempt themselves from their feminine role except it's suit them. |
SirIconR:which drama? |
All these for a certain creature. Joke is on simps. |
I have gain a lot of knowledge from you which I'm grateful for. Everybody get issues, just learn and move. |
It's her body. |
DenreleDave:space booking |
sapphiere:strong women right? |
Femijohn198:He hears properly with his mask down. |
Strategy for football? Even the footballers no fit predict the match. |
Vaughanlanrewaj:don't forget vpn was used. |
Explorer on the loose |
Amotolongbo: ![]() |
Strong independent woman advertising her waist for body positivity. |
Laycon is a perfect example of a simp. How can you put her on the pedestal? |
Where can I watch this match live? |
Please where can I watch it live |
Beremx:these people are workers in church so they have enough marching outfits. Don't be surprised that the outfits was meant for the church outreach program. #redeemers forlive |
Ernerstdavid55:She is the commissioner for Agriculture and she came up with the idea. |
deecis:what option is that? Care to share? |
Biodun556:And also in cash maybe like 50m |
Explorers:oh! Finally |
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why do u always post dat woman pix on any thing lagos gvm lol is she sanwolu galfriend?