Billionaire Jay-Z's firm nears deal to buy LVMH's half of Rihanna's Fenty Beauty

Billionaires Africa | 01.10.2026 06:50
MarcyPen Capital Partners, the investment firm co-founded by billionaire rapper Jay-Z, is close to a deal to buy LVMH's 50% stake in Rihanna's Fenty Beauty, according to a report by Puck News.