Monday, October 28, 2024

Beyoncé is a multi-hyphenate who has built her career as both a singer & an entrepreneur, making …

Share

look this good,” but her net worth is nearly that amount.

The “Texas Hold ‘Em” singer has built her empire from her successful music career and her various businesses. In 2023, Beyoncé embarked on her Renaissance World Tour, which brought in over $579 million in revenue, making it one of the highest-grossing tours of all time, per Billboard.

As of December 2023, Forbes estimated Beyoncé’s net worth to be $800 million, with half owing to her music catalog and tour profits and the remainder coming from her personal assets and businesses.

“She’s one of the music gods,” IAG chairman Dennis Arfa told Forbes. “The business she does, and the amount of people that she draws, that she can do a movie on her own. She can do things most can’t.”

In addition to her music career, Beyoncé has had a number of collaborations, such as her Ivy Park collection with Adidas, over the years. In 2024, she expanded her business profile even more with the launch of her hair line, Cécred, and whiskey brand, Sir Davis.

From the success of her world tours to how she’s become a business mogul, here’s everything to know about how Beyoncé built her net worth.

What is Beyoncé’s net worth?


Kevin Mazur/WireImage for Parkwood

Beyoncé performs onstage during the Renaissance World Tour at PGE Narodowy on June 27, 2023 in Warsaw, Poland

As of December 2023, Beyoncé is worth $800 million, an update from the $540 million net worth Forbes reported in June. The outlet attributed the dramatic boost to the singer’s Renaissance tour, which ran from May to October and spanned 39 cities in 17 countries.

Forbes attributed $100 million of Beyoncé’s net worth to her Renaissance revenue while estimating her catalog worth to be around $300 million.

The additional $400 million was attributed to Beyoncé’s joint ventures with her husband, rapper JAY-Z, and her entertainment company, Parkwood Entertainment, which she founded in 2008.

What are Beyoncé’s album and tour sales?


Kevin Mazur/Getty Beyoncé on the opening night of the Renaissance World Tour at Friends Arena on May 10, 2023 in Stockholm

Beyoncé’s career spans four decades, starting with the five studio albums she released as part of Destiny’s Child. Since embarking on her solo career, Beyoncé has released eight studio albums, five live albums, three compilation albums and one soundtrack album.

The “Break My Soul” singer has sold over 120 million solo records and an additional 60 million with Destiny’s Child. All eight of Beyoncé’s studio albums debuted at the No. 1 spot on Billboard’s top 200 list, making her the first woman to reach that accomplishment.

Read more

Local News