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There are many ways to describe BeyoncAnd: pop star, cultural icon, secretive mega-celebrity, and now billionaire.
The musician officially hasenougheros to her net worth to achieve billionaire status, according to Forbes.
This is a feat that few musical artists have achieved. Forbes lists five people in total, including Bruce Springsteen, Taylor Swift and Rihan.yes, Beyoncé and none other than her own husband Jay-Z (although other publications estimate there are others, including Paul McCartney And Selena Gomezin category).
While some other music billionaires have successful business ventures that are the reason for their wealth, Forbes claims that Beyoncéan extremely valuable music catalog and highly profitable tours that have propelled her into 10-figure territory.
25:00Deep Dive into Beyoncé and the Ambitions of Cowboy Carter
With the release of Beyoncé's latest album and first country project, Cowboy Carter, music journalists Andrea Williams and David Dennis Jr. and comedian Ashley Rae join host Elamin to discuss the release—and what it has to say about the future of black country music.
Her Cowboy Carter tour is a 32-stop show that spanned the US and Europe, featuring over 350 crew members and extravagant props such as golden horse and flying car – Pollstar estimates that more than $400 million was raised from ticket sales alone, with another $50 million coming from merchandise sales, according to Forbes' own estimates.
This statistic, similar to Billboard Boxscore, made him highest grossing country music tour of all timeas the pop musician crossed over into the genre on her latest album.
Because Queen Bey runs her own tours through Parkwood Entertainment—the production company she founded in 2010 that houses nearly all of her projects, including her music and documentaries—that means her company stands to make a big profit, according to Forbes.
The magazine estimates the star will earn $148 million before taxes in the United States in 2025.
Several product lines also helped. She is collaborating with Moët Hennessy to make Sir Davis whiskey and do it with Adidas now discontinued sportswear line, Ivy Parkand has also created several perfumes over the years.
Brand partnerships e.g. one this year with Levi'stogether with conc.feature films and broadcast speeches also increased her wealth, says Forbes.
HOURuh contemporaries moved into the billlion category in recent years for a number of enterprises. Rihanna becomes a billionaire in 2021mainly thanks to his beauty line Fenty Beauty and lingerie line Savage x Fenty.
Music and tours of Taylor Swift pushed her over the line in 2023And Springsteen, who sold my music catalog full of tracks about honest work for about half a billion in 2021, became a billionaire just last year.
The other half of the current billionaire couple, Jay-Z, reached nine zero status in 2019 due to his growing empire of liquor partnerships, clothing line Rocawear and streaming service Tidal, as well as some good business moves with a stake in Uber.
