Rihanna Makes History as First Black Woman to Own a Billion-Dollar Cosmetics Brand

Popstar Rihanna has made history by becoming the first Black woman in history to own a cosmetics brand worth over $1 billion. Her brand, Fenty Beauty, launched in 2017 and quickly became a sensation, earning praise for its inclusive range of shades and products that cater to people of all skin tones.

Since then, Fenty Beauty has continued to grow in popularity, with its innovative and high-quality products winning over customers around the world. In addition to cosmetics, Rihanna’s brand also includes a lingerie line, Savage X Fenty, which has also been praised for its inclusivity and diverse range of sizes.

Rihanna’s success as a businesswoman and entrepreneur has been widely celebrated, particularly for breaking barriers in the beauty industry and creating products that cater to people of all skin tones and backgrounds.

As Rihanna continues to expand her brand and influence, she remains an inspiration and role model for women and entrepreneurs around the world.