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About Fenty Beauty Net Worth
Fenty Beauty’s sales were valued at $72 million, and sold-out products widely reported, with darker shades of foundation particularly in demand shoppers noted even testers were often gone from stores. In the UK, the line became Harvey Nichols’s biggest beauty launch ever passing previous leader MAC Cosmetics: in September the department stores sold one Fenty Beauty foundation every minute and one lipstick every three minutes. The launch also helped raise LVMH’s cosmetic and perfume sales for the third quarter of 2017 by 17%. According to Bernard Arnault, chairman and chief executive officer (CEO) of LVMH, Fenty Beauty’s sales reached almost 500 million euros $573 million by the end of 2018.
Fenty Beauty Net Worth
Fenty Beauty has an estimated net worth of up $270 million.
| Net Worth: | $270 million |
| Date of Birth: | September 8, 2017 |
| Age: | 4 YEARS |
Fenty Beauty was named to Time magazine’s list of the 25 best inventions of 2017, alongside NASA’s Martian spacecraft InSight, Apple’s iPhone X, Nike’s Pro Hijab, and the Tesla Model 3. Time cited Fenty Beauty’s 40-shade range of foundations that quickly sold out. Fenty Beauty also won the WWD Beauty Inc. award in 2017 for launch of the year in the prestige sector.
Fenty Beauty is a cosmetics brand that was launched by Rihanna. The brand is popular for its broad inclusivity across skin tones and gender, especially its Pro Filt’R foundation. The original foundation launch included 40 shades, since expanded to 50. The inclusion of Fenty Beauty concealer includes 50 shades offering a wide variety to all skin types. The intent behind having so many shades to offer is to differentiate from other makeup companies that do not cater to a broad market. Fenty Beauty was named one of Time magazine’s best inventions .
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