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Rihanna the BILLIONAIRE lingerie mogul! The singer's Savage/Fenty line gets a boost

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Rihanna's Savage X Fenty lingerie line is now worth $1 billion (£719 million).A second round of funding for the brand secured a whopping $115 million (£82.7 million) for Savage X Fenty, with L Catterton, a private equity firm that fashion house LVMH has a stake in, taking a percentage of the line.The line was launched in 2018 and is anticipated to be the market's leader by 2025.

On top of the world:Rihanna's Savage X Fenty lingerie line is now worth $1 billion (£719 million) Money mama:A second round of funding for the brand secured a whopping $115 million (£82.7 million) for Savage X Fenty, with L Catterton, a private equity firm that fashion house LVMH has a stake in, taking a percentage of the line 'Following the completion of the.

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