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Rihanna Steps Down As CEO Of Lingerie Brand Savage X Fenty

Rihanna is passing the baton for one of her successful companies.

Ngozi Nwanji

Jun 23, 2023

After Royalties For A Rihanna Record Were Sold On AnotherBlock, The Platform Raised Over $4M In Funding

While the hype surrounding Web3 seems to have been dying down as of late, some in the music industry still use the space to their advantage.

Ngozi Nwanji

May 19, 2023

Rihanna And PUMA Reunite After She Previously Helped The Brand Reach Nearly $1B In Sales

Since her Super Bowl halftime performance, Rihanna has been making her way back to the spotlight. Next stop: PUMA.

Ngozi Nwanji

Mar 2, 2023

Various Hits By Rihanna Surge Over 1,000 Percent In U.S. Streams After Super Bowl Halftime Performance

Rihanna’s highly anticipated return to the stage has fans taking trips down memory lane.

Shanique Yates

Feb 14, 2023

Rihanna's Savage X Fenty Lingerie Brand Fined $1M In The State Of California

A little while back, Rihanna announced that she would perform at the upcoming Super Bowl halftime show. This announcement had the Navy in a tizzy, as it sparked rumors about potential new music. Rihanna at the superbowl: — toss a coin to your witcher (@itsayosigns) September 25, 2022 Of course, the Internet did what it does best and took the rumors and created memes about how Rihanna would continue on her music hiatus and, instead, use the moment to promote her cosmetic and lingerie lines.

Josh Rodgers

Nov 30, 2022

Trademark Attorney Rosezena J. Pierce Explains The Importance Of Filing A Trademark For Brand Security

Billionaire Rihanna has been elevating her empire. More recently, she’s reportedly filed a trademark for a potential new venture, Fenty Hair. This brings into question — how essential is a trademark in the business world? Trademark attorney Rosezena J. Pierce, who leads RJ Pierce Law Group, one of the top 50 trademark firms in the country, stopped by AfroTech to answer all of our burning questions on how important trademarking is in order to establish brand authority and protect yourself as an entrepreneur.

Samantha Dorisca

Oct 20, 2022

Influencer Ariana Fletcher Says She Lost A $150K Brand Deal With Rihanna’s Savage X Fenty

Influencer Ariana Fletcher is seemingly revealing what happened with her Savage X Fenty deal.

Samantha Dorisca

Oct 7, 2022

Jay-Z Gives Flowers To Rihanna, Says She's 'One Of The Most Prominent Artists Ever. Self-Made In Business And Entertainment'

Our prayers have been answered. Rihanna will be returning to the music arena for Super Bowl LVII.   View this post on Instagram   A post shared by badgalriri (@badgalriri)

Samantha Dorisca

Sep 26, 2022

The Story Of How Billionaire Rihanna Once Sued Her Ex-Accountants For $9M After Mismanaging Funds

Picture it, the year is 2007, and from speakers all across the nation, you could hear the melodic echo of, “You can stand under my umbrella, ella, ella, eh, eh, eh.” From dirty whining to fans singing at the top of their lungs, Rihanna had music listeners in a proverbial chokehold with her chart-topping hit. This phenomenon would prove consistent as the Barbadian artist continued to make Billboard hits for almost every occasion. Want to set the straight record straight about who you really are? Consider playing “Needed Me.” In a particular mood to be in the streets? “Rude Boy” may be your song of choice. And if you need to get what you’re owed, there’s little doubt that “B-tch Better Have My Money” is your anthem. No matter where you land, there is not a lot of space to deny Rihanna’s impact on music. However, the 34-year-old artist didn’t limit herself to music. Born Robyn Fenty, the musician got deep into her cosmetic and lingerie bag with her brands Fenty Beauty and Savage x...

Josh Rodgers

Aug 18, 2022

An Inside Look At How Anita Baker, Rihanna, And More Acquired Their Master Recordings

Reclaiming master recordings is a celebratory moment for every artist. The feat empowers artists by reclaiming ownership of what is rightfully theirs as they now own the copyrights to the original sound recordings of their favorite tunes. According to The Philadelphia Inquirer, “‘By definition, that makes it the most authentic superior sonic account of the song.'” Not only that but owning one’s masters can be the stepping stone to creating wealth for future generations, thanks to royalties earned each time a song is played or duplicated. Although there is no fine print to the accomplishment, artists including Anita Baker, Rihanna, and Frank Ocean, have used their voices to earn back their master recordings. Here’s AfroTech’s inside look at their journeys.

Samantha Dorisca

Jul 22, 2022

Rihanna Has Now Become The Youngest Self-Made Woman Billionaire In America

Rihanna is racking in yet another feat, becoming America’s youngest self-made woman billionaire. According to Forbes, Rihanna sits at an estimated net worth of $1.4 billion, as of this writing.

Samantha Dorisca

Jul 5, 2022

Beyoncé And Rihanna Among Investors In Paris-Based Fashion Company

Two of the biggest female musicians have linked up. Beyoncé and Rihanna have reportedly been named as investors in Destree, a French ready-to-wear and accessories brand that aims to not only double the size of its team but also “open its first freestanding stores and reach deeper into several markets,” Billboard reports. In its Series A funding round, Destree is not only racking in the support (and dough) from Beyoncé and Rihanna. Familiar faces like Jessica Alba, Reese Witherspoon, Gisele Bündchen, and more, also participated along with Sequoia Capital China, who led the round, according to Crunchbase.

Shanique Yates

Apr 27, 2022

Rihanna Is Now The Richest Female Musician In The World

Rihanna is now the richest Black female musician — and the second-richest Black female entertainer — in the world. That’s thanks to her appearance on the Forbes Billionaire list for the first time. According to the outlet, Rihanna has an estimated net worth of $1.7 billion. The Savage X Fenty founder — who, according to CNBC, derived the vast majority of her wealth from her non-musical career — is not only the world’s wealthiest Black female musician but the world’s wealthiest female musician. She is also the second-richest Black female entertainer in the world ( Oprah Winfrey, with an estimated net worth of $2.7 billion, surpasses the woman born Robyn Fenty in Barbados). CNBC also reports that her beloved beauty brand has achieved unicorn status — that is, has a valuation of more than a billion dollars — which will only further add to her net worth in the future. “Fenty Beauty — which comes from the singer’s last name — is currently valued at about $2.8 billion, and was founded in...