Published 19:39 IST, May 20th 2020

Rihanna bags a spot on London's Rich List, courtesy Fenty's association with LVMH

Rihanna has bagged a spot on London's coveted rich list. Rihanna has reportedly bagged this spot due to her beauty and lingerie brand's association with LVMH.

Reported by: Tanvi Dhote
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Rihanna has bagged a coveted spot on Britain’s Rich List 2020. Work singer reportedly bagged this spot due to her association with LVMH. This is due to fact that Rihanna’s brands Fenty Beauty and lingerie brand Sav x Fenty are under parent company LVMH.

Rihanna bags a spot on London’s Rich List 2020

Singer and actor Rihanna turned heads and created headlines when she anunced that she is launching her beauty brand. This beauty brand has w turned into one of Rihanna’s major income sources. Diamonds singer’s beauty brand Fenty Beauty has taken inclusivity to next level.

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This inclusivity and passion for beauty have led Rihanna to land third spot in London’s Rich List 2020. This rich list is anunced every year by a leading publication. This publication has given several reasons why Rihanna is part of this coveted list.

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According to publication, Rihanna’s net worth is estimated to £468 million. Work singer has amassed this huge net worth due to her brand Fenty Beauty, her lingerie brand Sav x Fenty, and her singing career. Along with se multiple endeavours, Rihanna stars in films as well.

Ar major reason behind Rihanna’s mention on this rich list is her partnership with LVMH. LVMH is a leading multinational corporation from France. LVMH has various luxury fashion and lifestyle brands under its wing. se include Celine, Fendi, Marc Jacobs, Benefit Cosmetics, Givenchy, Kat Von D Beauty, Bulgari, Tiffany & Co., and many ors.

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Fenty Beauty and Sav x Fenty’s association with brand has brought credibility to it in fashion world. As mentioned earlier, Fenty focuses a lot on inclusivity hence Fenty beauty caters to nearly 50 skin shades and various skin types. lingerie brand Sav x Fenty caters to various body types and also focuses on body positivity through lingerie. This step has led to a positive im of brand among its customers.

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Also read | Rihanna's Cover Pictures That Broke Stereotypes And Took Social Media By Storm

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19:39 IST, May 20th 2020