Cousins!

Congratulations are in order as Rihanna ‘s lingerie empire of SavagexFenty is officially worth $1 billion dollars!

According to Forbes the Savage x Fenty brand experienced a 200% revenue growth in 2020 including an , “increase in its active VIP member base by more than 150%,”reads a forwarded statement from the company.

Sources have confirmed that Savage x Fenty recently, “completed a $115 million Series B fundraising round; support the company’s rapid growth and upcoming expansion into retail.”

Rihanna made history of her own in 2019 when she became the first woman to establish an original brand at LVMH and the first Black woman to head the top of an LVMH maison, reports the NY Times.

“In two short years, Savage X Fenty has achieved remarkable success by disrupting the intimates category,” states Jon Owsley, Co-Managing Partner of L Catterton’s Growth.