Rihanna's Fenty Beauty: A Billion-Dollar Empire in India
Rihanna, the global music sensation, has expanded her empire beyond music and now owns a majority stake in the billion-dollar beauty brand, Fenty. This move has catapulted her into the ranks of the wealthiest female musicians worldwide. Recently, Rihanna made a return to India for a Fenty Beauty event in collaboration with Reliance Retail, a subsidiary of Mukesh Ambani’s Reliance Industries.
The luxury beauty market is projected to grow significantly by 2035, with estimates suggesting a fivefold increase from $800 million in 2023 to $4 billion. Fenty made its entry into the Indian market in August 2025 through an exclusive partnership with Reliance Retail and Louis Vuitton Moët Hennessy (LVMH), the luxury conglomerate housing renowned brands like Louis Vuitton and Christian Dior.
Rihanna's presence at the Tira-Sephora 'Fenty Ki Haveli' pop-up shop in Mumbai created a buzz on the internet, marking the official launch of the brand in India. The event was attended by influential figures from Reliance Retail, including Isha Ambani, and prominent beauty and lifestyle influencers. Fenty, in which Rihanna holds a 50% ownership stake, is now available in over 50 stores across 16 Indian cities, with Reliance Retail serving as the exclusive distribution partner.
With a net worth of $1 billion, Rihanna's Fenty Beauty brand has seen remarkable success since its launch in 2017. The brand's annual sales reached $90 million in 2025, and in March 2026 alone, it recorded a revenue of $8 million, reflecting a significant surge. Rihanna's commitment to inclusivity is evident in her brand's focus, as she aims to ensure that every woman feels represented and included in the beauty industry.
Rihanna's entrepreneurial journey extends beyond Fenty Beauty, as she also launched the successful Fenty X Savage lingerie line, valued at $1 billion. Her brand's emphasis on inclusivity and diversity has resonated with consumers, contributing to its rapid growth and success. Rihanna continues to play a pivotal role in the development, strategy, and promotion of her brands, solidifying her position as a powerhouse in the beauty and fashion industry.