Rihanna set to add $1BILLION to her wealth by launching lingerie brand on stock market
SINGER Rihanna is set to launch her lingerie brand on the stock-ings market — potentially adding $1billion to her wealth.
The Umbrella star is in talks about floating her racy knicker range Savage X Fenty.
The brand could be valued at £2.3billion if it goes public this year.
And Rihanna, 34, reportedly owns 30 per cent, making her share worth around £770million — or $1billion.
Rihanna — expecting her first child with rapper A$AP Rocky — is already said to be worth £1.3billion.
With worldwide record sales of more than 250million, the Barbadian is one of the best-selling music artists of all time.
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But most of her wealth is thanks to the success of cosmetics line Fenty Beauty, which she co-owns with French luxury retailer LVMH.
Her underwear venture Savage X Fenty began as an online-only brand in 2018. It has now expanded to five retail locations in cities like Los Angeles and Washington DC.
