Forbes declares Beyonce a billionaire — fifth musician to hit milestone
by Jerry Lenbang · TheCable LifestyleBeyonce Knowles-Carter has officially been named a billionaire by Forbes, becoming only the fifth musician in the world to reach a ten-figure fortune.
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The 44-year-old singer and businesswoman enters an elite circle that includes Taylor Swift, Rihanna, Bruce Springsteen, and her husband Jay-Z, who Forbes lists with a net worth of $2.5 billion.
The milestone follows a period of extraordinary commercial success with her 2023 Renaissance World Tour, which grossed nearly $600 million.
“The Renaissance World Tour would be a career peak. The three-hour, career-spanning journey through Beyoncé’s discography was one of the concert sensations of 2023, grossing nearly $600 million and cementing her place, alongside Taylor Swift, as one of the biggest pop culture icons in the world,” Forbes wrote.
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“But the 44-year-old pop supernova reinvented herself again in 2024, releasing a country album, Cowboy Carter, that would generate new commercial opportunities, a Christmas NFL halftime performance and the world’s highest-grossing concert tour of 2025, ultimately earning Queen Bey another title of distinction—billionaire.”
Capitalising on the tour’s success, Beyoncé released a concert film directly through AMC Theaters, retaining roughly half of its $44 million global box office revenue.
Her acclaimed 2024 album ‘Cowboy Carter,’ which recontextualised the black roots of country music and won Album of the Year at the Grammys, spawned another blockbuster tour.
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The American business magazine added that though it faced slow sales and discounted tickets in some markets, the Cowboy Carter Tour ultimately generated over $400 million in ticket sales and an additional $50 million in merchandise.
Forbes noted that other lucrative deals, including a Netflix NFL halftime special and a Levi’s advertising campaign, contributed an estimated $60 million to her wealth.
Beyoncé is often considered one of the greatest entertainers of all time. The singer is the most-awarded artiste in Grammy history with 35 wins.
Aside from music, Beyonce has also ventured into several business ventures.
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In August 2024, she unveiled her whiskey brand named ‘Sir Davis’. She also introduced Cécred, her hair care line, in February, and Cé Noir, her fragrance collection, in 2023.
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