Friday, December 15, 2023

Beyoncé Inching Toward Billionaire Status


Thanks to the success of The Renaissance Tour Beyoncé is well on her way to billionaire status...

Thanks to the massive haul from her Renaissance world tour, Beyoncé is on the cusp of becoming a billionaire. According to a new estimate from Forbes magazine (paywalled), the singer’s net worth has ballooned by nearly $300 million this year to $800 million.
Back in June, Queen Bey, 42, came in at No. 48 on the financial magazine’s annual ranking of the richest self-made women in America with a then-estimated worth of $540 million. The boost in the singer’s bottom line was attributed to Beyoncé’s 2023 earnings, specifically the estimated $100 million (post-tax) she pulled in from the Renaissance tour.
Forbes estimated that the rest of the financial windfall was a result of the magazine’s adjustment of their previous estimate of her music catalog and art collection; Forbes estimated that the singer’s catalog is now worth around $300 million. The remainder of her net worth comes from a combination of the personal assets Bey shares with husband Jay-Z and business holdings in her Parkwood Entertainment company.
Forbes said that the couple’s real estate portfolio is worth an estimated $320 million, including a $200 million Malibu, CA mansion they bought in June, which is believed to be the most-expensive home in California history.
Citing Billboard figures, Forbes reported that the major bump to Beyoncé’s net worth came from the tour, which ran from May to October and hit 39 cities in 17 countries, with $579 million in revenue, making it one of the highest-ever grossing tours. Another stream that contributed was the recently released Renaissance: A Film By Beyoncé, which she wrote, directed and produced. Like Taylor Swift, Bey struck a direct deal with AMC Theaters that worked around studio participation and allowed for a direct split of revenue; final box office figures are not yet available, but the movie grossed more than $27 million worldwide in its opening frame.

18 comments:

Anonymous said...

Is that why she works them corns so hard? For a title? Makes sense since that's what she's always chasing after.

Anonymous said...

Great, now I can find peace in my life!

Anonymous said...

Time to claim her step-children.

Anonymous said...

YAWN! GET RID OF THAT PLATINUM BLONDE WIG PLEASE!

Anonymous said...

Damn she fine wit that color hair 👩🏼‍🦳. Almost look foreign!

Anonymous said...

Billionaire status and still unhappy and married to her predator. It’s true money can’t buy happiness or a faithful husband.

Anonymous said...

Why do celebrities keep trying to convince us they're billionaires? Every few months this one and her husband send out these pr pieces about their wealth. This past summer they kept telling us about the ugly mansion they allegedly bought that cost half a billion now this.

Beyonce, Jay-Z, Taylor Swift and up until recently Diddy are always telling us about their billionaire status when no one is asking. People with common sense know it's not true but for some reason being millionaires isn't enough for their egos so it's always the random articles to remind us how much money they have.

Long story short stop lying.

Anonymous said...

I’m trying to figure out why poor people are rooting for celebrities to become billionaires when billionaires are the reason poverty exists.

Anonymous said...

Watch your own pockets, people.

No Chiraq said...

Is this a pic of Ariana Grande😒

Anonymous said...

^^^Right. These stans are so thick, lost and birdbrained. They're celebrating somebody reaching billionaire status and quick to call other people haters when all the mega rich aim to do is separate themselves further from the common man when shit hits the fan. They think Mark Suckerberg out here building secret bunkers in Hawaii for fun? Was Okra's house practically unscathed in those Hawaii fires out of pure luck? These sheep stay sleeping.

Anonymous said...

Great now I can move on with my life.

Anonymous said...

Yall do know Hawaii is a STATE and not a town right? Why is it so hard to accept that Oprah's property wasnt burned down? Do you think everybody in Louisiana lost their home to Hurricane Katrina? 🙄

Anonymous said...

Snitch posted this to show that pic of her looking almost white, competing with Taylor swift. Don’t worry this “business relationship” will end soon, she can’t make it on her own without a man so not sure what she is going to do

Anonymous said...

5:26 Lol!
I mean, it’s probably the best thing said about anyone as opposed to all the other negative drama going on with everyone else.

Anonymous said...

5:29 PM, My comment obviously went right over your head so go back to sleep.

Anonymous said...

And Okra's house in HAWAII, the 50th STATE, was right in the path of the fires. I don't need a geography lesson from you, thank you very much.

Anonymous said...

IAM SO GLAD THIS POST DIED AND LET IT STAY THAT WAY

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