Beyonce is arguably one of the most influential female musicians in the world. Her influence cuts across music and entrepreneurship. Forbes names her the 76th most powerful woman in the world and the 7th most powerful Black woman.
She first rose to fame as the lead singer in the girl-group Destiny’s Child but has now become a larger-than-life icon. Together with her husband Jay-Z, they have a net worth of $2 billion. However, Beyonce has a personal net worth of $400 million, according to Forbes.
Beyonce, just like her billionaire husband, has built a career and wealth in and outside the studio. She and her husband have jointly invested in a number of businesses, including the ones she is the sole investor.
Beyonce introduced the House of Dereon which had contemporary women’s fashion line. The fashion line primarily made sportswear, denim with fur, handbags and footwear.
In 2015, she established an on-demand meal delivery service which was based on vegan food culture called 22 Days Nutrition.
Beyonce also launched her own fragrance line called Beyonce Heat. According to a Forbes report, she earned 400 million dollars from the product.
Perhaps, the most important business is the music streaming service Tidal. According to reports, a chunk of her money comes from Tidal.
Aside from her businesses, Beyonce also makes money from other sources like endorsement deals and posting on social media. She emerged as one of the two highest-paid Black celebrities on Instagram.
In 2019, Beyonce signed a 60 million dollar contract with Netflix which then streamed her Coachella performance. What is more, she has also appeared as the face of brands like Giorgio Armani to launching Tommy Hilfiger’s fragrance called Truestar.
She also has a partnership with Adidas. The music icon further has a streaming music service and has served as a spokesmodel for L’Oreal. She also promotes Pepsi and is into film production. She recently announced that she was investing in a hemp farm to obtain her own CBD.
Recently, Beyonce and her husband purchased the world’s most expensive car, “The Boat Tail,” built by Rolls-Royce. They reportedly bought the custom-built luxury car for an estimated $28 million.
The car is said to be a rare collector’s item with only three in existence. Torsten Müller-Ötvös, CEO of Rolls-Royce Motor, described The Boat Tail as the company’s “most ambitious project yet.”
The renowned Grammy and Rock & Roll Hall of Famer, Martha Reeves, earned her place…
The Easter weekend didn’t start well for some worshippers who have been reported dead in…
Gladys Muhammad, an Indiana native, is working hard to preserve Harriet Tubman's legacy. Following her…
TiYahna Bambaata, a clerk at a New Jersey liquor store, sold the $1.13 billion Mega…
Martin "Safro Fades" Safari is not a barber who follows the conventional rules of the…
Latto has once again won the hearts of her followers after making a generous donation…
Authorities in Illinois have arrested and charged a man in connection with the fatal stabbing…
Almost a decade ago, Sean "P Diddy" Combs launched a cable music channel called Revolt…
Krystal Lakeshia Anderson, a longtime cheerleader for the Kansas City Chiefs and a women’s health…
The owners of the bowling alley where Takeoff was fatally shot are asking a judge…
Get to know Jennyfer Crawford-Williams; she is behind All Things Detroit Day, an annual event…
Two friends in their 20s made a heartwarming gesture to their apartment's security guard after…
Roslyn Ellerbee, the CEO and founder of Dream Team Digital Marketing, Manifesting Greatness with Roslyn…
In 2022, American actor and comedian Kevin Hart joined a growing list of celebrities who…
The U.S. Basketball Writers Association has picked South Carolina women's basketball head coach Dawn Staley…