Beyoncé is *this* close to billionaire status
Written by ABC Audio All Rights Reserved on December 14, 2023
As a couple, Beyoncé and Jay-Z have reached billionaire status.
On her own, Queen Bey needs to earn a couple more bucks to enter the billion-dollar club.
Forbes estimates the “Renaissance” queen has now amassed a net worth of $800 million.
The recent funds deposited in Beyoncé’s massive bank account — calculated at $540 million in June — include a music catalog now worth about $300 million and the estimated $100 million (post tax) earned from her record-breaking Renaissance World Tour.
The global road show brought in revenue upward of $579 million, making it one of the top 10 highest-grossing tours in history, per Billboard.
Other factors that help to put money in Bey’s pockets include her box office #1 concert movie, Renaissance: A Film By Beyoncé, which grossed $27.4 million during opening weekend; her media, fashion and lifestyle businesses: Parkwood Entertainment, Ivy Park, her perfume collection and more; as well as the wide array of ventures she has with Jay-Z, including a real estate portfolio and art collection.
In the words of IAG Chairman Dennis Arfa, “Beyoncé is big business.”
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