M
MercyNews
Home
Back
Beyoncé Reaches Billionaire Status, Joining Elite Musicians
Entertainment

Beyoncé Reaches Billionaire Status, Joining Elite Musicians

Business InsiderDec 29
3 min read
📋

Key Facts

  • ✓ Beyoncé's net worth has officially reached $1 billion.
  • ✓ The 2023 Renaissance World Tour grossed nearly $600 million.
  • ✓ Jay-Z's net worth is estimated at $2.5 billion.
  • ✓ Taylor Swift's Eras Tour grossed $2 billion.
  • ✓ Bruce Springsteen sold his music catalog to Sony for $500 million.

In This Article

  1. Quick Summary
  2. Beyoncé's Path to a Billion
  3. The Billionaire's Club
  4. Other Notable Wealth

Quick Summary#

Beyoncé has officially reached a net worth of $1 billion, solidifying her place among the world's wealthiest musicians. Her financial success is attributed to a combination of record-breaking concert tours and the ownership of her valuable music catalog. The 2023 Renaissance World Tour grossed nearly $600 million, while the 2025 Cowboy Carter Tour was described as the most successful concert tour in country music history. In addition to her music, Beyoncé has built a business empire that includes Parkwood Entertainment, Ivy Park, Cécred, and SirDavis. She joins a select group of billionaire musicians, including her husband, Jay-Z, Taylor Swift, Rihanna, and Bruce Springsteen. Jay-Z's net worth is estimated at $2.5 billion, derived from ventures such as Roc-A-Fella Records, Roc Nation Sports, and stakes in Armand de Brignac and D'Ussé. Taylor Swift's net worth is estimated at $1.6 billion, driven by her Eras Tour, which grossed $2 billion, and her fully owned musical catalog. Bruce Springsteen's estimated $1.2 billion fortune largely resulted from the $500 million sale of his music catalog to Sony. Rihanna's $1 billion net worth comes primarily from her co-ownership of Fenty Beauty and her Savage X Fenty lingerie brand.

Beyoncé's Path to a Billion#

Beyoncé has officially reached a net worth of $1 billion. Her financial ascent has been rapid, coming less than a decade after she sang, "I just might be a Black Bill Gates in the making."

Her fortune surged following two highly successful tours. The 2023 Renaissance World Tour grossed nearly $600 million. The 2025 Cowboy Carter Tour was described as "the most successful concert tour" in the history of country music.

While Beyoncé has spent decades building a business empire, the bulk of her wealth remains rooted in her music. She founded Parkwood Entertainment in 2010, which handles all production costs for her music, documentaries, and concerts in-house. Her business ventures also include the clothing line Ivy Park, the hair-care brand Cécred, and the whiskey label SirDavis.

Beyoncé controls the rights to her valuable album catalog, which includes releases from 2003's Dangerously In Love to 2025's Cowboy Carter. She has emphasized the importance of managing her own career.

"When I decided to manage myself, it was important that I didn't go to some big management company. I felt like I wanted to follow the footsteps of Madonna and be a powerhouse and have my own empire and show other women when you get to this point in your career, you don't have to go sign with someone else and share your money and your success — you do it yourself."

— Beyoncé

The Billionaire's Club#

Beyoncé joins a small group of musicians with 10-figure net worths. This elite club includes her husband, Jay-Z, Taylor Swift, Rihanna, and Bruce Springsteen. Before his death in September 2023, Jimmy Buffett was also a member thanks to his Margaritaville empire.

Jay-Z: The Mogul

As of December 2025, Forbes estimates Jay-Z's net worth to be $2.5 billion, making him the richest musician on this list. He founded Roc-A-Fella Records in 1995 and has since built a vast portfolio. He started the sports agency Roc Nation Sports and bought and sold the music streaming platform Tidal, netting $149 million from the sale. He owns stakes in the Champagne brand Armand de Brignac and the Cognac brand D'Ussé. His company, Roc Nation, has a multimillion-dollar partnership with the NFL.

Taylor Swift: The Record-Breaker

Taylor Swift became a billionaire in October 2023. Her net worth is estimated at $1.6 billion. Unlike many peers, her wealth comes solely from her music and touring; she does not have lucrative side hustles. Her Eras Tour was the first in history to gross $2 billion. Swift owns her musical catalog outright. Her 12th studio album, The Life of a Showgirl, sold over 4 million copies in its debut week, smashing the single-week album sales record.

Bruce Springsteen: The Catalog Sale

Bruce Springsteen was named a billionaire with an estimated net worth of $1.2 billion. Much of his wealth comes from the 2021 sale of his music catalog to Sony for $500 million. In addition to this mega-sale, Springsteen continues to earn from his packed touring schedule with the E Street Band.

Rihanna: The Beauty Empire

Rihanna's net worth is estimated at $1 billion. Despite her success as a hitmaker, she has not released an album since 2016's Anti. Most of her wealth is derived from her two eponymous brands: Fenty Beauty, which she co-owns with the French luxury goods conglomerate LVMH, and Savage X Fenty, a lingerie brand. Fenty Beauty has expanded to include Fenty Skin, Fenty Hair, and Fenty Fragrance.

Other Notable Wealth#

Estimates for other celebrities in the entertainment industry also highlight significant wealth, though figures can vary between reports. Selena Gomez, for example, was named a billionaire by Bloomberg in September 2024 with an estimated net worth of $1.3 billion. This valuation is largely attributed to her makeup brand, Rare Beauty. However, other estimates place her net worth closer to $700 million, citing reported cash flow issues with the startup Wondermind, which Gomez co-founded.

Regardless of the variance in total valuation, reports agree that Gomez's biggest asset is her estimated 51% stake in Rare Beauty. The brand is recognized as one of Sephora's most popular celebrity beauty lines, with a cult-favorite blush generating $70 million in 2022 alone. In addition to her business success, Gomez is a celebrated actor and executive producer for projects such as Only Murders in the Building.

Continue scrolling for more

AI Transforms Mathematical Research and Proofs
Technology

AI Transforms Mathematical Research and Proofs

Artificial intelligence is shifting from a promise to a reality in mathematics. Machine learning models are now generating original theorems, forcing a reevaluation of research and teaching methods.

Just now
4 min
168
Read Article
Kraken and Bitget set the pace in the early innings of tokenized stock trading
Cryptocurrency

Kraken and Bitget set the pace in the early innings of tokenized stock trading

Kraken remains king in actively traded tokenized stocks, while Ondo has scaled issuance faster through its partnership with Bitget.

2h
3 min
0
Read Article
La mili, un malson ocultat però ben explicat al ‘Sense ficció’ de TV3
Society

La mili, un malson ocultat però ben explicat al ‘Sense ficció’ de TV3

El programa estrena la segona part d’'Et faran un home’, sobre morts de reclutes mai explicades clarament

2h
3 min
0
Read Article
Kelley Blue Book: EV incentives hit record highs in December
Automotive

Kelley Blue Book: EV incentives hit record highs in December

EV prices edged down in December just as incentives surged to record highs, a one-two punch that helped drive the strongest monthly EV sales since federal incentives were axed. more…

2h
3 min
0
Read Article
Not ‘Trump-compatible’? China expert Rudd exits Australia’s US ambassador role
Politics

Not ‘Trump-compatible’? China expert Rudd exits Australia’s US ambassador role

Australia’s former prime minister and a prominent China scholar, Kevin Rudd, will step down as ambassador to the United States a year ahead of schedule, a move some analysts say underscores a fundamental shift in how Canberra must navigate a Washington increasingly centred on the personal rapport with US President Donald Trump. The resignation follows a period of heightened friction between Rudd and Trump, punctuated by the “America first” leader’s blunt public declaration in October 2025 that...

2h
3 min
0
Read Article
WeatherTech founder might be the newest US consumer protection official
Politics

WeatherTech founder might be the newest US consumer protection official

President Donald Trump made an unconventional pick for his nomination to the Federal Trade Commission: WeatherTech founder and CEO David MacNeil. MacNeil founded the company, which makes weather-resistant car floor mats, in 1989, according to its website, and he owns 100 percent of the company. WeatherTech has made it a mission to keep its manufacturing and workforce in the US. FTC Chair Andrew Ferguson congratulated MacNeil on X and called him an "outstanding businessman and great patriot," sharing a clip from a news segment where MacNeil shared his commitment to manufacturing in the US. If confirmed, MacNeil become the third member of the … Read the full story at The Verge.

2h
3 min
0
Read Article
Automotive

Top 10 Best-Selling EVs in the US for 2025

Despite slower sales in the final few months of 2025, many automakers reported higher overall EV sales in the US. These were the best-selling models last year.

2h
5 min
0
Read Article
Shazam Unveils Fast Forward 2026 Playlist
Entertainment

Shazam Unveils Fast Forward 2026 Playlist

The music discovery platform has officially unveiled its highly anticipated Fast Forward 2026 lineup, leveraging early song-recognition trends to spotlight the next wave of global talent.

2h
4 min
0
Read Article
Trump Dismisses USMCA Trade Deal as Irrelevant
Politics

Trump Dismisses USMCA Trade Deal as Irrelevant

During a visit to Ford's Detroit facilities, President Donald Trump dismissed the USMCA trade agreement with Mexico and Canada as 'irrelevant,' asserting that the United States no longer needs to import products from its neighbors.

2h
5 min
0
Read Article
Old Glory Bank Plans Nasdaq Listing via SPAC Merger
Economics

Old Glory Bank Plans Nasdaq Listing via SPAC Merger

The crypto-friendly digital bank founded in 2022 is set to join the public markets through a SPAC transaction, marking a significant milestone for the fintech sector.

2h
5 min
0
Read Article
🎉

You're all caught up!

Check back later for more stories

Back to Home