Rihanna became a billionaire because of her Fenty Beauty line, and has since included the inclusive Savage X Fenty lingerie, skincare and a fashion brand.
"I’m thrilled to join the Savage X Fenty family," she told the outlet. "The brand is a major powerhouse in the lingerie and apparel industry, and its unwavering commitment to celebrating inclusivity and fearlessness is inspiring."
It's currently unclear why the "Umbrella" singer is taking a step back from one of her lucrative businesses. The Barbados-born musician, whose personal net worth is estimated at more than $1.4 billion, is pregnant with her second child with partner A$AP Rocky. They welcomed their first child together, a boy named RZA Athelston Mayers, in May 2022.
Prior to establishing her lingerie brand, Rihanna launched Fenty Beauty under LVMH's Kendo Brand in 2017.
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Rihanna stepping down as CEO of her Savage X Fenty lingerie brandThe beauty magnate, whose estimated net worth is more than $1.4 billion, is passing off the work (work, work) to Hillary Super, former chief executive of Anthropologie Group.
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Rihanna Is Stepping Down From Her CEO Role At Savage X Fenty“It’s been beautiful to see our vision for Savage X Fenty impact the industry at such an incredible magnitude over the last five years.”
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Rihanna Has Stepped Down as Savage X Fenty CEOThe superstar will move to an executive chair position at the lingerie brand
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Rihanna steps down as CEO of Savage X Fenty amid second pregnancy“It’s been beautiful to see our vision for Savage X Fenty impact the industry at such an incredible magnitude over the last five years,” she said.
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Rihanna steps down as Savage X Fenty CEORihanna is stepping down as CEO of her lingerie brand Savage X Fenty in order to focus on her role as executive chair of the company.
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