News

There Is A Big Boss Reason Why Rihanna Just Performed a Multi-Million Dollar Concert in India

The singer and entrepreneur’s performance for an Indian billionaire seems to be a part of a big move to expand her business empire.ByAngela JohnsonPublished5 hours ago

Screenshot: YouTube/Page Six

Earlier, we told you about Rihanna’s multi-million-dollar payday to perform at a pre-wedding party for the son of Indian billionaire Mukesh Ambani. Now, some are suggesting the “We Found Love” singer’s decision to take the gig was less about the music and more of a calculated business move.

You probably already know that Rihanna is one of the world’s richest entertainers, with a reported net worth of nearly $1.4 billion. But you may not know that the majority of that wealth comes from Fenty Beauty, the cosmetics brand she co-owns with French luxury goods company LVMH – not her hit singles.

Related Content

Grand Closing? Rihanna and LVMH Agree to Shutter Fenty MaisonFans Call Rihanna’s Performance at Billionaire’s Bash ‘Lazy’ but Some Theorize She Was Hiding Something

Now here’s where the Ambani connection comes in. As chairman of Reliance Industries, Forbes lists Mukesh Ambani as the richest person in Asia, with a net worth of over $117 billion. Reliance, which is India’s largest retailer, took over Sephora’s 26 stores in India from Arvind Fashions in November 2023.

“The partnership gives RRVL (Reliance Retail Ventures Ltd) exclusive rights to build and enhance Sephora’s presence in India across channels,” a company spokesperson said in a statement at the time.

Fenty Beauty products are currently available at Sephora stores throughout the U.S., Canada, Mexico, France, Spain, Denmark, Sweden, Thailand, Malaysia, Australia, Singapore and the Middle East.

But with Ambani’s help, Rihanna’s products could expand their footprint and take their place on shelves next to well-known brands like M.A.C, NARS and SMASHBOX in Sephora’s stores across India – a seriously boss business move, considering that India is one of the world’s fastest growing economies, according to CNBC. Additionally, India’s beauty market has grown from just over $12.3 billion in 2018 to over $15 billion in 2022, and is projected to reach $17.4 billion by 2025, according to Euromonitor International. And if all of that wasn’t enough, Fenty Beauty would be the first Black-owned brand in Sephora India stores. How’s that for networking?

Related Posts

Labour’s big new ‘back to work’ threat to strip youngsters of their benefits if they are unwilling to graft or train already happens, admits minister –  and they can appeal if it’s too harsh

Labour’s big ‘back to work’ threat to strip unwilling teens of their benefits if they don’t try to get a job or train is just a continuation of the current system, a senior minister admitted today. Alison McGovern was grilled over the drive to ‘get Britain working again’ and achieve an ‘ambitious’ target of getting another 2 million people into jobs. As well as targeting the long-term sick, ministers have also vowed that those aged 18 to 21 who are out of work but refuse to look for a job, seek training or an apprenticeship, will get no taxpayer cash.

Israel and Hezbollah on the cusp of a peace deal: Netanyahu ‘gives green light to ceasefire proposal’

A ceasefire deal between Israel and Hezbollah could see the terrorist organisation leave southern Lebanon and the IDF withdraw its troops. The deal, which reportedly has the support of Israel’s prime minister Benjamin Netanyahu, could see the nearly two-month military incursion to come to an end. A source within the government told the Daily Telegraph that the Israeli cabinet will vote on the proposals drawn up by the United States today.

Reason I’m A Celebrity’s Tulisa and Reverend Richard Coles are exempt from height trials is revealed

I’m A Celebrity fans discovered last night that Tulisa and Reverend Richard Coles were exempt from height trials, with the N-Dubz singer accidentally revealing hers was on ‘medical grounds’. Before the voting opened for tonight’s Bushtucker trial, the show’s longtime hosts Ant and Dec announced Tulisa, 36, and Reverend Coles, 62, would be exempt from the trial with no further explanation. Fans were left speculating as to why even when the Geordie duo told the camp Dean McCullough, 32, was going to face a trial yet again.

New bank holiday planned to mark major event anniversary in 2025

Brits are to get a new bank holiday next year to mark the 80th anniversary of the end of the Second World War – with a bumper four-day weekend planned. The major celebration will be marking the heroics of the ‘Greatest Generation’ who fought against Hitler and the Nazis in Europe and Africa, and Imperial Japan in Asia. And as part of a big year of events, a four-day jamboree will reportedly be staged either in May or August.

Gavin Newsom proposes ‘insane’ move against Elon Musk as he attempts to defy Trump with electric car rebates that excludes Tesla

Gavin Newsom is plotting to defy Donald Trump while stiffing key MAGA ally Elon Musk, as California plans an electric vehicle rebate program that intentionally leaves out Tesla. The California governor is planning to introduce a state tax rebate on purchasing electric cars if the Trump administration eliminates the federal tax cut. Newsom even bragged that his policies have made Tesla and Musk ‘so damn successful.’

Supreme Court hearing which will determine the definition of a woman begins TODAY – in a case with major implications for female-only spaces

A Supreme Court hearing that will determine the definition of a woman begins today in a case with major implications for female-only spaces. The case – which has been brought by gender-critical activists – will see five justices consider the question: ‘Is a person with a full gender recognition certificate which recognises that their gender is female, a ‘woman’ for the purposes of the Equality Act 2010?’ Feminist group For Women Scotland (FWS) will argue that trans women should not be able to fill roles meant for biological women under legislation designed to ensure equal numbers of men and women on company boards.

Leave a Reply

Your email address will not be published. Required fields are marked *