Does Rihanna still own Fenty Beauty? This question has been on the minds of many beauty enthusiasts and business observers alike. With the brand’s meteoric rise to fame and its groundbreaking approach to inclusivity, the ownership status of Fenty Beauty has always been a topic of interest. In this article, we will delve into the details and shed light on the current ownership situation of the iconic beauty line.
Fenty Beauty, launched in 2017, has revolutionized the beauty industry by offering a vast range of products catering to all skin tones and types. The brand’s success can be attributed to Rihanna’s vision and passion for inclusivity, as well as her collaboration with top makeup artists and scientists. However, the question of whether she still owns the brand remains a subject of debate.
Over the years, Rihanna has been vocal about her ownership stake in Fenty Beauty. In an interview with Vogue, she mentioned that she owns a significant portion of the company. However, the exact percentage of her ownership has not been disclosed publicly. This lack of transparency has fueled speculations and rumors about her continued involvement in the brand.
In 2019, Fenty Beauty was acquired by L’Oréal, one of the world’s largest beauty companies. The acquisition was a significant move for both parties, as it allowed Fenty Beauty to expand its reach and resources while ensuring continued innovation and growth. Despite the acquisition, Rihanna has remained a key figure in the brand’s development and has continued to play an active role in its creative direction.
As for Rihanna’s current ownership status, there is no concrete evidence to suggest that she has lost her stake in the company. While the acquisition by L’Oréal may have reduced her direct control over the brand, it is believed that she still retains a significant ownership interest. This is further supported by her continued involvement in the company’s strategic decisions and product development.
Rihanna’s commitment to Fenty Beauty is evident in her unwavering dedication to the brand’s core values of inclusivity and diversity. Her influence can be seen in the ongoing expansion of the product range, which now includes skincare and haircare products, as well as the brand’s commitment to sustainable practices.
In conclusion, while the exact details of Rihanna’s ownership in Fenty Beauty may remain shrouded in mystery, it is widely believed that she still owns a significant stake in the company. Her continued involvement in the brand’s creative direction and strategic decisions reinforces her commitment to the brand’s mission of inclusivity and innovation. As Fenty Beauty continues to grow and evolve, Rihanna’s role as a co-founder and owner will undoubtedly remain a crucial factor in its success.
