Beyoncé declared the fifth billionaire musician by Forbes

0
7
Beyoncé declared the fifth billionaire musician by Forbes

Grammy Award-winning singer Beyoncé has become a billionaire following the massive commercial success of her recent music projects and global tours, placing her among a small group of entertainers to reach the milestone, according to a post by Forbes.

On Monday, the 44-year-old singer earned the status after a highly profitable 2025 driven by her Cowboy Carter album, a world tour, and business ventures, making her the fifth musician to become a billionaire, alongside Jay-Z, Taylor Swift, Bruce Springsteen and Rihanna.

The magazine said Beyoncé’s financial leap followed years of steady growth, highlighted by the Renaissance World Tour in 2023, which grossed nearly $600 million, and the Cowboy Carter Tour in 2025, which generated more than $400 million in ticket sales and an estimated $50 million in merchandise revenue.

Forbes reported that Beyoncé earned an estimated $148 million in 2025 before taxes, ranking her as the world’s third-highest paid musician for the year.

Much of her wealth stems from her decision to take full control of her career through Parkwood Entertainment, the company she founded in 2010. Parkwood manages and produces her music, films and tours, allowing her to retain ownership rights and higher profit margins.

“When I decided to manage myself, it was important that I didn’t go to some big management company,” Beyoncé said in a 2013 interview. “I felt like I wanted to follow the footsteps of Madonna and be a powerhouse and have my own empire.”

Beyond music, Beyoncé has expanded into other ventures, including hair care brand Cécred, whiskey label SirDavis and her former clothing line Ivy Park. However, Forbes noted that the bulk of her wealth still comes from music, particularly stadium tours and ownership of her catalogue.

The Cowboy Carter Tour featured large-scale production elements and a mini-residency model across nine stadiums in the US and Europe, enabling 32 shows with reduced logistical costs. The tour involved more than 350 crew members and extensive equipment, including cargo planes and hundreds of trucks.

In addition to touring, Beyoncé earned major sums from a Netflix Christmas Day NFL halftime show, estimated at $50 million, including production costs, and endorsement deals such as Levi’s commercials, reportedly worth $10 million.

READ ALSO: Elon Musk Becomes First Person to Exceed $600 Billion Net Worth

Despite lower album-equivalent sales compared to some pop peers in 2025, Forbes said Beyoncé’s ability to sell out stadiums continues to set her apart in an industry where touring accounts for the majority of artists’ income.

Beyoncé previously made history as the first female artist to headline an all-stadium tour in 2016 and later released concert films for both Homecoming and Renaissance, the latter earning nearly half of its $44 million global box office gross.

In recent interviews, Beyoncé has said Renaissance and Cowboy Carter are part of a trilogy of genre-spanning albums, though she has signalled a more selective approach to touring in the future to prioritise her family.

“I have made an extreme effort to stay true to my boundaries and protect myself and my family,” she said. “No amount of money is worth my peace.”

LEAVE A REPLY

Please enter your comment!
Please enter your name here