Beyoncé wrapped up her massive "Renaissance" world tour which featured songs from her latest album of the same name and it seems like it was also the key for her to earn hundreds of millions of dollars; is she a billionaire now?
According to a new estimate by Forbes Magazine, the musician reportedly earned a whopping $300 million this year.
Initially, she only had an estimated net worth of $540 million, but thanks to her massive earnings from the tour (which was around $100 million after taxes), and other ventures, she now has $800 million worth of money, just $200 million away from being a billionaire.
Given the stellar year the 42-year-old entertainer has had, money doesn’t appear to be a problem—@Beyonce is now on a glidepath to becoming a billionaire, with a net worth of $800 million, Forbes estimates. https://t.co/5ISu1530Lf pic.twitter.com/kV23n1f02p
— Forbes (@Forbes) December 13, 2023
In addition, the publication noted that the estimated worth of Beyoncé's catalog is around $300 million and the rest of her net worth came from her combined assets with her husband Jay-Z. She also has shares from her Parkwood Entertainment company. (via Billboard)
Aside from having a massive earning from her tour, which was one of the highest-grossing tours ever, she later releaased the movie "Renaissance: A Film By Beyoncé" which raked up to $27 million worldwide during its opening frame.
Beyoncé Real Estate
The recent news comes a few months after Beyoncé and Jay-Z bought the most expensive home in California.
Earlier this year, the musician couple reportedly paid a whopping $200 million for a property designed by architect Tadao Ando. The property is located in Malibu and spans over 30,000 square feet.
The house is all concrete and it took 15 years to build it. The massive mansion was previously owned by a a popular art collector named William Bell.
According to Page Six, the couple got a good deal for the price that they paid as it was initially listed for $295 million.
Aside from it being the most expensive home in California, it's second in the United States as the most expensive one is located in New York with a price tag of $238 million.
Jay-Z Net Worth
Even though Beyoncé isn't a Billionaire yet, her husband Jay-Z has reached the Billionaire status years ago.
As of 2023, his estimated net worth is around $2.5 billion. Most of his earnings came from his work in the music industry as he has several businesses tied to music.
In addition, he also owns liquor brands called D'Usse and Armand de Brignac. (via Billboard)
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