Rihanna has lost close to $36 million following the collapse of her luxury-fashion venture with LVMH. Her investment was substantial – Rihanna invested €29,988,000 and LVMH contributed roughly €30 million. Now, according to accounts from the British-registered arm of the business, Denim UK Holdings, through which Rihanna invested, the singer has made the massive loss of about $36 million. The brand’s positioning put it at the ultra-premium end, unlike Rihanna’s other lines such as Fenty Beauty or Savage X Fenty. Beyond music, she built a billion-dollar empire through Fenty Beauty and Savage X Fenty, praised for inclusivity and innovation.