Rihanna has become the first Black woman to lead two billion-dollar brands, with Fenty Beauty and Savage X Fenty now valued at over $3 billion combined.

Fenty Beauty, launched in 2017 with LVMH, reported $450 million in 2024 sales and a potential $2 billion valuation, while Savage X Fenty reached $1 billion after 2022 funding.

The brands’ focus on inclusivity, from 40 foundation shades to diverse lingerie modeling, has driven their success and influenced industry standards for diversity.