Jay-Z is among the brand's investors.
Rihanna knows how to work...work, work, work, work, work.
The Barbadian singer-turned-businesswoman's Savage X Fenty lingerie brand has secured $50 million in new funds from investors, according to a Wall Street Journal report, following a strong first year of sales.
The new funds bring the total amount invested in the company up to $70 million. Among this round's investors are Jay-Z’s venture firm Marcy Venture Partners LLC, along with growth-equity firm Avenir Growth Capital.