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There are many ways to describe BeyoncéAnd: pop star, cultural icon, secret mega-celebrity – and, now, billionaire.
The musician officially has aI’ve had enough zeros to his net worth to reach billionaire status, according to Forbes.
It’s a feat that only a few musical artists have accomplished. Forbes counts five in total, including Bruce Springsteen, Taylor Swift, Rihanna, Beyoncé and none other than her own husband, Jay-Z (although estimates from other publications put a few more, including Paul McCartney And Selena Gomezin the category).
While other music billionaires have successful businesses that deserve their wealth, Forbes says his Beyoncé‘s extremely valuable musical catalog and highly successful tours that propelled her into 10-figure territory.
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With the release of Beyoncé’s latest country album and debut project, “Cowboy Carter,” music journalists Andrea Williams and David Dennis Jr. and comedian Ashley Ray join host Elamin to discuss the release — and what it might say about the future of black country music.
His Cowboy Carter Tour – a 32-stop extravaganza that crisscrossed the United States and Europe, involving more than 350 crew members and extravagant props like a golden horse and a flying car — brought in more than US$400 million in ticket sales alone, according to Pollstar’s estimates, and another $50 million from merchandise, according to Forbes’ own estimates.
These statistics, which are similar to the numbers reported by Billboard Boxscore, made it the the highest-grossing country music tour of all timeas the pop musician turned to the genre on her latest album.
Because Queen Bey runs her own tours through Parkwood Entertainment — the production company she started in 2010, which houses almost all of her ventures, including her music and documentaries — that means her company will reap a larger portion of the profits, according to Forbes.
The magazine estimates that the star will collect $148 million before taxes in 2025.
A handful of product lines have also been helpful. She joined forces with Moët Hennessy to create Whiskey SirDavis and with Adidas to do now-discontinued sportswear line, Ivy Parkas well as the manufacture of a few perfumes over the years.
Brand partnerships, such as one this year with Levi’swith concert films and streamed representations also increased his wealth, says Forbes.
Huh, the contemporaries went to the billlionary category in recent years for a range of companies. Rihanna became a billionaire in 2021 mmainly on the back of her beauty line Fenty Beauty and her lingerie line Savage x Fenty.
Taylor Swift’s music and tours pushed her over the line in 2023And Springsteen, who sold his music catalog full of leads on having done an honest day’s work for about half a billion in 2021, became a billionaire last year alone.
The other half of the now billionaire couple, Jay-Z, reached nine zero status in 2019 due to its growing empire of alcohol partnerships, clothing line Rocawear and streaming service Tidal, as well as some bargains with a stake in Uber.
