Beyonce’s invested in music, fashion, film, real estate over the years. Forbes magazine has even amed her one of the wealthiest artists in the world. But is she a billionaire?
No. Beyonce is not a billionaire. She is, however, married to Jay-Z Carter, and their combined net worth is $ 1.6 billion. Beyoncé and Jay-Z have been successful in their music career and have been top-paid musicians before they got married.
Find out how Beyoncé has invested her money over the years and what her net worth is below!
Beyonce’s Net Worth
In 2012, Beyonce and Jay-Z were ranked as number one on the World’s Highest-Paid Celebrity Couple. They are the biggest power couple in the music industry. Excluding Jay Z, Bey has a net worth of $500 million.
Bey had accumulated her wealth over the years when she started as a music artist as one of the girls in Destiny’s Child, which was managed by her father, Mathew Knowles. They produced music such as ‘”Independent Women” and “Lose My Breath.” The Band has sold many records and has won awards until its break up. Afterward, Beyoncé went on to become one of the world’s most successful solo musician and songwriter.
Songs like “Halo,” “Single Ladies,” “If I Were a Boy” and “Formation” are some of her biggest hits. She has grown to be a successful artist. She has collaborated with many artists such as Coldplay and her husband Jay-Z to produce “Drunk in Love”. At the end of 2018, Beyoncé’s net worth was $355 million. She was the 35th highest-paid celebrity with annual earnings of $60 million. In the previous year, Billboard announced that she was the highest-paid musician of 2016 with a total of $62.1 million.
Beyoncé’s Netflix Deal
Unlike before, Netflix is now recognizing the music industry and has increased its number of subscribers since they made a $60 million deal with Beyonce. The deal included “Homecoming,” behind the scenes documentary, which included her 2018, Coachella spectacular performance. The R&B singer was the writer, executive producer, and director of this project.
She also worked with Netflix to broadcast her 2016 “Lemonade,” movie, and her 2014 “On The Run II” concert with her baby daddy Jay. Beyoncé is also a voice actor in the 2019 film “The Lion King, “playing the character Nala.
Is Beyoncé A Smart Business Woman?
Apart from being a successful singer, Bey has the imagination to create designs and make investment plans in fashion. Celestine “Tina” Knowles with her daughter Beyoncé launched a women’s fashion line named “House of Dereon,” which designs and creates accessories, lingerie’s, footwear, and more. Beyoncé later partnered with Topshop, a British fashion business, to create Ivy Park. The worth of Adidas increased by 1.3% after its partnership with Ivy Park in 2019. The pop star also has six fragrance brands which one of them is with Tommy Hilfiger called “True Star” and “True Star Gold’. She also promoted Emporio Armani’s Diamonds fragrance. Beyoncé also worked with Nintendo DS, American Express, L’Oréal, and Pepsi, which has made Beyoncé $50 million. She was hired by Travis Kalanick, CEO Uber in 2015, to do a concert for the employees and was offered $6 million, which she invested as Uber shares instead.
Beyoncé’s Real-estate Investments
The star has six islands in the Bahamas worth and a $ $26 million Pond Hose in the Hamptons with her husband. In 2017, they took out a $52 million mortgage to pay $88 million for a 30,00 square foot mansion in California. Beyoncé also owns a $2.6 million home in New Orleans, a $5 million condo in NYC. Queen Bey has used her wealth and activism to donate and support female rights, child obesity, hunger through Goodwill charity, and the recent $6 million coronavirus outbreak donation.