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Beyoncé becomes the fifth musician to reach billionaire status, according to Forbes

Beyoncé becomes fifth musician billionaire

Beyoncé has reached billionaire status, making her the fifth musician to achieve this, following her successful tours and various business ventures, according to Forbes.

  • Beyoncé is now a billionaire
  • Success of Cowboy Carter tour
  • Previous Renaissance tour earned $579m
  • Joined by Jay-Z, Rihanna, Springsteen, Swift
  • Most wealth from music and tours
  • Founded Parkwood Entertainment in 2010
  • 2024 album won Album of the Year Grammy
  • More than 3,000 billionaires worldwide

Beyoncé is now a billionaire, according to Forbes, making her the fifth musician to reach this milestone.

Major Contributions to Wealth

Beyoncé, 44, achieved billionaire status through her Cowboy Carter tour, which earned over $400 million in ticket sales and an additional $50 million in merchandise. Her earlier Renaissance world tour generated approximately $579 million.

Her husband, Jay-Z, was the first musician to reach billionaire status on Forbes’s list in 2019. Other musicians, including Rihanna, Bruce Springsteen, and Taylor Swift, have also attained this elite status.

Business Ventures and Earnings

While Beyoncé has launched multiple ventures, including a hair care brand and a whiskey label, most of her wealth stems from her music. This includes earnings from her extensive catalog and global tours, as noted by Forbes.

In 2010, she established Parkwood Entertainment, a management and production company that consolidates her artistic projects, covering music, concerts, and documentaries.

Acclaimed Album and Record-Breaking Tour

Her 2024 album Cowboy Carter won her first Album of the Year Grammy. The subsequent tour was the highest-grossing music tour of 2025, featuring guest appearances from her family and former Destiny’s Child bandmates.

The tour utilized 350 crew members, 100 semi-trucks worth of equipment, and eight 747 cargo planes to transport the show between cities.

Sophia Clarke

Sophia Clarke

Senior International Journalist

United Kingdom – London Entertainment

Sophia Clarke is a senior international journalist with nine years of experience covering global politics, human rights, and international diplomacy. She earned her M.A. in International Relations and Journalism from the University of Oxford (2016), where she specialized in global governance, conflict reporting, and cross-cultural communication. Sophia began her career as a foreign correspondent for BBC World Service and later joined The Guardian, where her insightful analyses and on-the-ground reporting from Europe, the Middle East, and Latin America earned her recognition for accuracy and integrity. Now based in Paris, France, Sophia contributes to Faharas NET, providing comprehensive coverage of diplomatic affairs, humanitarian issues, and policy developments shaping the international landscape. Her storytelling combines investigative depth, journalistic ethics, and a strong commitment to amplifying underrepresented voices in global dialogue.

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FAQ

Why is Beyoncé considered a billionaire?

Her earnings from tours and business ventures contributed to her wealth.

How did her tours impact her finances?

Tours brought in significant revenue, boosting her financial status.

What other musicians are billionaires?

Jay-Z, Rihanna, Bruce Springsteen, and Taylor Swift are also billionaires.