Iconic singer Beyoncé is reportedly on the verge of achieving billionaire status as her net worth skyrockets to an estimated $800 million, according to Forbes. This substantial increase from the previous estimate of $540 million is attributed to various income streams.
Beyoncé’s widely successful Renaissance Tour, consisting of 56 shows, contributed significantly to her wealth, with personal earnings of $100 million. The tour grossed nearly $600 million globally, setting records as the highest-grossing tour by both a female and Black act in history.
The value of Beyoncé’s music catalog, which includes chart-topping albums like “Dangerously in Love,” “Beyoncé,” and “Lemonade,” has surged to $300 million. Additionally, her net worth comprises personal business holdings through her company Parkwood Entertainment and shared assets with her husband, JAY-Z.
The power couple, Beyoncé and JAY-Z, possess an extensive property portfolio, including a $200 million Californian home, which is the most expensive in state history. They are also known for their prolific art collection.
Beyoncé is expected to earn substantially from her recently released Renaissance film, which has grossed over $125 million. The revenue is anticipated to be split 50/50 with distributor AMC after bypassing major Hollywood studios.
Together, Beyoncé and JAY-Z boast an estimated net worth of $3.3 billion, solidifying their status as one of the wealthiest couples globally. JAY-Z, valued at $2.5 billion, became Hip Hop’s first billionaire in 2019, thanks to diverse investments in liquor, art, real estate, and company stakes. His net worth has nearly doubled in a year, largely due to selling his stake in the cognac brand D’USSÉ.
While Diddy remains the only other billionaire in the rap industry as of 2022, Beyoncé’s ascent toward this financial milestone further cements her status as a formidable force in both music and business.
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Written by:
Dana Sterling-Editor
