Most of the world knows who Beyoncé Knowles is. The star singer recently nabbed the record as the most-awarded artist in the Grammy Awards history after winning her 28th award in 2023.
As of 2024, Beyoncé’s net worth is estimated at an impressive $800 million.
While she’s most widely recognized as a singer, Beyoncé is much more. She’s also a songwriter, an actor, a producer, and a very wealthy businesswoman. Throughout her career spanning over two decades, she’s been recognized not only for her distinctive vocal range but also for her business acumen and strong beliefs.
In this article, we’ll talk about Queen Bey and her path toward fame and incredible fortune.
How Much is Beyoncé Worth in 2024?
- As of 2024, Beyoncé Knowles has an estimated net worth of $800 million,
- Earnings from Music (2007-2016): Approximately $437 million from album sales, tours, and endorsements over this period.
- Renaissance World Tour (2023): $597 million, making it one of the highest-grossing tours by a female artist.
- Dubai Concert (2023): $24 million for a private concert appearance.
- Album Sales & Digital Singles Earnings: Combined, her album and single sales have brought in around $145 million.
- Acting and Netflix Deal: $60 million from a multi-project Netflix deal, with acting and producing earnings estimated at $82+ million.
- Pepsi Endorsement Deal: $50 million as one of her largest endorsement contracts.
- Fragrance Sales (Heat): Over $400 million since the launch of her fragrance line, adding significantly to her wealth.
- Real Estate (co-owned with Jay-Z): $240 million, including a Bel-Air estate and a Malibu mansion bought for $200 million in 2023.
Beyoncé’s Net Worth Breakdown:
After extensive research, we’ve gathered a detailed breakdown of Beyoncé’s earnings and net worth. While not every piece of her financial data such as earnings or assets has been disclosed publicly, as can be expected, we did find plenty of information about her key assets and earnings to build a holistic estimate.
It’s important to note that many of the assets such as real estate and boats and jets, are co-owned with her husband Jay-Z.
Below is a breakdown of Beyoncé Knowles’ net worth.
Asset or Income Source | Contribution to Net Worth |
Earnings 2007-16 | $437 million |
Coachella, 2018 | $8 million |
Dubai private concert, 2023 | $24 million |
Digital singles earnings | $114.5 million |
Album sales | $30.5 million |
Renaissance World Tour | $100 million |
Earnings, 2023-24 | $220 million |
Netflix deal | $60 million |
Acting earnings | $82+ million |
Pepsi deal | $50 million |
Heat fragrance sales | $400 million |
Tidal earnings | $8.9 million |
Adidas partnership | $20 million per year |
Jets, cars, and boats – co-owned with Jay-Z | $63 million |
Real estate | $240 million |
Total Net Worth | $800 million |
5 Fun Facts About Beyoncé
- Record-Breaking Grammy Wins: Beyoncé now holds the record as the most-awarded artist in Grammy history, with a total of 32 wins after her 2023 victories. This cements her as an icon across music genres, surpassing the longstanding record held by classical conductor Georg Solti.
- Triple Threat in Music: Beyoncé recently completed “Cowboy Carter,” the second album in a trilogy that began with “Renaissance.” This genre-blending series spans influences from country to hip-hop, showcasing Beyoncé’s versatility and paying homage to often-overlooked Black musical innovators, including Joseph Bologne, Chevalier de Saint-Georges.
- A Global Beauty Venture: In 2024, Beyoncé launched her haircare line, Cécred, inspired by global haircare rituals and designed for diverse hair textures. Interestingly, she chose to let the product’s quality shine rather than relying on her image in advertising. Her mother, Tina Knowles, a former hairstylist, serves as Cécred’s vice chair.
- Cowgirl Glam at the Oscars: Beyoncé embraced her “cowgirl era” at the 2024 Oscars Gold Party, where she appeared in a country-inspired Givenchy suit complete with a cowboy hat. She and Jay-Z hosted the exclusive event, continuing her streak of high-profile, themed parties that highlight her ever-evolving style.
- Power Moves in Real Estate: Beyoncé and Jay-Z broke records with their recent Malibu mansion purchase, making headlines for paying a record-breaking $200 million. Their impressive portfolio also includes a private island in the Bahamas and several homes across the U.S.
Latest News & Controversies
In recent news, Beyoncé’s highly successful Renaissance World Tour made headlines for its massive gross, topping $597 million, a record for female-led tours.
Her subsequent concert documentary, Renaissance: A Film by Beyoncé, earned around $45 million at the box office and continues to draw attention for its in-depth, behind-the-scenes look at her tour production.
Additionally, Beyoncé recently launched a new haircare line, Cécred, and introduced an annual $500,000 cosmetology scholarship program. In the beverage sector, she debuted SirDavis, an American whiskey, in partnership with Moët Hennessy.
While her collaborations and ventures are mostly celebrated, some controversies did arise over her partnership with luxury brands, with critics noting exclusivity concerns for brands like Tiffany & Co.
Early Life and Education
Beyoncé Giselle Knowles was born in Houston, Texas on September 4, 1981. Her parents are Celestine Knowles, a salon owner and hairdresser, and Mathew Knowles, a sales manager at Xerox. She has one sister, Solange Knowles, a former backup dancer for Destiny’s Child who is also a singer.
Celestine Knowles decided to name her first-born daughter Beyoncé as a homage to many versions of her paternal last name.
Beyoncé attended St. John’s United Methodist Church in Houston and was raised Methodist. She and her family would also attend Midnight Mass at St. Mary of the Purification Catholic Church on Christmas Eve since her mother’s family was Catholic.
Later on, Beyoncé enrolled at St. Mary’s Catholic Montessori School in Houston, where she started taking dance classes. Once, when Beyoncé finished her dance instructor Darlette Johnson’s song that she was humming, she impressed her with her range and singing talent. It was this teacher who encouraged her to enter a talent show, which she won by singing John Lennon’s Imagine at only seven years old.
In 1990, Beyoncé enrolled in Parker Elementary School, where she sang in the school’s choir. Later, she studied at the High School for the Performing and Visual Arts, followed by Alief Elsik High School.
While in high school, Beyoncé was a member of the choir at St. John’s United Methodist Church, where she quickly became a soloist. This is where the now-famous singer sang her first solo. She remained as a soloist at the church for two years.
Personal Life
In 2002, when Beyoncé Knowles and her now-husband Jay-Z collaborated on 03 Bonnie & Clyde, the media started speculating about their relationship. Fast forward to April 2008 and the two married privately. Even today, they are known to have a very private relationship, with little being known about their personal life.
In August 2011, during the MTV Video Music Awards, where Beyoncé performed Love On Top, she ended her performance by revealing her pregnancy. The announcement led to the Guinness Record for “most tweets per second recorded for a single event” on Twitter with 8,868 tweets per second. On January 7, 2012, the couple had their first child, their daughter Blue Ivy.
In February 2017, Beyoncé shared on Instagram that she was expecting twins, breaking another world record – this time for the most-liked image on the platform at the time. In July of the same year, she uploaded the first image of the twins, named Rumi and Sir, confirming their birth on June 13, 2017.
Beyoncé Net Worth: How an Aspiring Singer/ Dancer Turned World-Famous Diva
Beyoncé embarked on her music career in her childhood with her father managing her music group. Let’s see how she came to achieve such a high status in the entertainment industry and earned her near-billionaire fortune.
Early Career Days
When Beyoncé was only eight years old, she met LaTavia Roberson when she auditioned for an all-girl group. Both were selected for a group called Girl’s Tyme with three others. The group danced and rapped on the talent show circuit in Houston.
This turned out to be a vital stepping stone in young Beyoncé’s career. R&B producer Arne Frager saw the group’s performance and took the girls to his Northern California studio, placing them in the largest talent show on national TV at the time, Star Search.
Even though Girl’s Tyme didn’t win, this was the beginning of their journey. Beyoncé’s father quit his job and started managing the group, a decision that led to financial turmoil for the Knowles family.
Matthew Knowles cut the group to four at the beginning of his management of Girl’s Tyme. The group then performed as an opening act for other R&B girl groups and started auditioning before various record labels. Eventually, they were signed to Elektra Records and then Atlanta Records. However, while they were working on their first recording, the company decided to remove them from their roster.
All of this, combined with Matthew’s decision to leave his job, put further strain on the Knowles family. Eventually, Beyoncé’s parents separated.
However, the girl group did get its breakthrough soon after. In October 1995, Grass Roots Entertainment by Dwayne Wiggins signed the group and, less than a year later, they started recording a debut album under an agreement with Sony Music. Shortly after, the Knowles family reunited and the group signed a new contract with Columbia Records.
The group would change several times over the years. The original members would become Destiny’s Child – Beyoncé, Rowland, Roberson, and Luckett. When Roberson and Luckett left the group, they were replaced by William and Franklin, but Franklin also left, so the group continued as a trio.
Beyoncé’s Rise to Fame with Destiny’s Child (Girl’s Tyme)
In 1996, inspired by a passage in the Book of Isiah, the girl group changed their name to Destiny’s Child. A year later, they released their major label debut song titled Killing Time which was included on the soundtrack to the movie Men In Black. That same year, they released their debut single No, No, No, rapidly becoming a hit. Consequently, Destiny’s Child released their self-titled debut album in February 1998.
In 1999, Destiny’s Child released a second album that was certified platinum soon after, The Writing’s On the Wall. The album features songs including Bills, Bills, Bills – written by Kandi Burruss – Say My Name, and Jumpin’ Jumpin. Say My Name became their most successful song and one of the group’s signature songs, winning the Best R&B Song at the 43rd Annual Grammy Awards.
In 2000, the band’s Independent Women Part I recording appeared on the soundtrack to Charlie’s Angels and became their best-charting single at the time. This song was later added to their third album Survivor, released in May 2001.
The group’s third album debuted at number one almost right away and sold 663,000 copies in its first week. It spawned other hits including Survivor and Bootylicious. Survivor won the Grammy Award for Best R&B Performance by a Duo or Group with Vocals.
In October 2001, Destiny’s Child released a holiday album titled 8 Days of Christmas. However, after this release, they announced a hiatus, planning to pursue solo careers as artists.
The group would join forces again to record their final studio album Destiny Fulfilled, which was released on November 15, 2004, and included singles like Soldier and Lose My Breath.
After the release of the album, Destiny’s Child embarked on the worldwide concert tour Destiny Fulfilled… and Lovin’ It, which was sponsored by McDonald’s Corporation.
At the last stop of the tour, on June 11, 2005, in Barcelona, Rowland shared that Destiny’s Child was disbanding after the tour. They released a compilation album Number 1s in October 2006 and got a Hollywood Walk of Fame star that same year. Little did Beyoncé know that her solo career would take her to even higher highs.
Beyoncé Becomes a Solo Artist
In 1999, while she was still with the girl group, Beyoncé recorded a duet with Marc Nelson, then with Boyz II Men, on After All Is Said and Done, to be used for the soundtrack to The Best Man.
In July 2002, after the band broke down, Beyoncé released Work It Out as the lead single from the soundtrack album of Austin Powers in Goldmember, her theatrical film debut.
A year later, she released the lead single from the soundtrack album for The Fighting Temptations, where she starred as Lilly. Her single was titled Fighting Temptation and was a collaboration between her, Missy Elliot, Free, and MC Lyte.
In October 2002, Beyoncé’s first solo recording was released, and it was a feature on her now-husband Jay-Z’s song 03 Bonnie & Clyde. The song peaked at number four on the US Billboard Hot 100 chart and marked the beginning of her very fruitful solo career, the most successful of all the members of Destiny’s Child.
In June of the following year, Beyoncé Knowles premiered songs from Dangerously in Love, her first solo album. She did this during the pay-per-view television special Ford Presents Beyoncé Knowles, Friends & Family, Live from Ford’s 100th Anniversary Celebration in Dearborn, Michigan, as well as during her first concert as a solo artist.
Later that month, the album was released and sold 317,000 copies in its first week. Since then, her first album has sold 11 million copies, with the lead single Crazy in Love becoming one of Beyoncé’s all-time top tracks.
Other singles in this album included Baby Boy, Naughty Girl, and Me, Myself and I.
Beyoncé’s first album as a solo artist won her five awards at the 46th Annual Grammy Awards.
At the 52nd Annual Grammy Awards, Beyoncé got ten nominations and won six of them, breaking the record she tied in 2004 for most awards won in a single night by a female artist.
Following this success, she provided guest vocals for Telephone, Lady Gaga‘s single, and announced a hiatus from her music career. Her break lasted nine months where she spent much of her time traveling around the world. When she returned, her father was no longer her manager.
Other Albums
Let’s see what other albums Beyoncé has released during her music career.
B’Day
Beyoncé planned to release a second album soon after the first, but she instead focused on the last album and tour with Destiny’s Child. In September 2006, after the band officially disbanded, the now-famous artist released her second solo album B’Day to coincide with her birthday. The album sold 541,000 in its first week and included Deja Vu featuring Jay-Z, Irreplaceable, Green Light, and more.
I Am… Sasha Fierce
Her third studio album was released in November of the following year and formally introduced the singer’s alter ego Sasha Fierce. I Am… Sasha Fierce sold 482,000 copies in its first week and featured If I Were a Boy, Single Ladies, and Halo.
The music video for Single Ladies was so popular that it created the first major dance craze on the internet. That same video won three categories at the 2009 MTV Video Music Awards, losing to Taylor Swift‘s You Belong with Me video in the Best Female Video category. This led to scandal, with Kanye West interrupting the ceremony.
Beyoncé’s fourth studio album 4 was released in 2011 and sold 310,000 copies in its first week. It included the singles Run the World (Girls), Love on Top, and Best Thing I Never Had, all topping the music charts.
This album reached a billion Spotify streams in 2018 and made Beyoncé the first female artist with three of her albums surpassing this number on the platform.
Beyoncé
To everyone’s surprise, Beyoncé released her fifth studio self-titled album in December 2013 without any announcement. She released it on the iTunes store and, even though it dropped without any promotion, the album almost instantly debuted atop the Billboard 200 chart. At this point, she was the first woman in Billboard’s chart’s history with her first five studio albums debuting at number one. In only six days, the album sold one million digital copies worldwide.
The album Beyoncé has sold over 5 million copies worldwide and won three awards at the 57th Annual Grammy Awards.
Lemonade
In 2016, Beyoncé released a teaser clip for her project Lemonade. A corresponding album with the same title, as well as a one-hour film on HBO, was released a few days later. The album was streamed 115 million times through Tidal, making it the most-streamed album in a week by a female artist in history. She won eight out of 11 nominations at the 2016 MTV Video Music Awards, making her the most-awarded artist in the history of the VMAs – surpassing Madonna with 20 in total.
At the 59th Grammy Awards in 2017, this album led the nominations with nine and ultimately won two awards.
Everything Is Love
When Beyoncé and Jay-Z toured for their On the Run II Tour in London, they unveiled a joined studio album called Everything Is Love. The album was available on Tidal, at least initially, and included the lead single Apeshit.
Reinassance and Cowboy Carter
In June 2022, Beyoncé officially announced her seventh studio album and released the lead single Break My Soul. The album was released on July 29, 2022. As it was released, the artist announced that this was just the first installment of a trilogy she had worked on over three years during the COVID-19 pandemic.
In February 2024, she announced the second installment of the project, releasing two songs: Texas Hold’Em and 16 Carriages. The first was her highest chart debut in her career. The album was titled Cowboy Carter and was released on March 29, once again to universal acclaim.
Cowboy Carter includes collaborations with many artists including Miley Cyrus, Willie Jones, Tanner Adell, Post Malone, Brittney Spencer, and Dolly Parton.
Tours and Tour Profits
In November 2003, Beyoncé embarked on her first solo tour called Dangerously in Love Tour, followed by her touring alongside Alicia Keys and Missy Elliott for the Verizon Ladies First Tour. This tour grossed $3.6 million.
In April 2007, after the release of her second studio album, Beyoncé embarked on her first worldwide concert tour, which included 97 venues and was called The Beyoncé Experience. The tour grossed over $24 million. At around the same time, she re-released B’Day with five additional songs, one of which was her duet Beautiful Liar featuring Shakira. This tour grossed $90 million.
Other tours Beyoncé has done over the years include:
- I Am… Tour (2009-2010), her second world tour with 108 shows, grossing $119.5 million
- The Mrs. Carter Show World Tour (2014), her third world tour with 132 dates and the most successful tour of her career. The tour grossed $229.7 million.
- On the Run Tour (2013-2014), which she co-headlined with her husband Jay-Z. The tour grossed $212 million.
- The Formation World Tour (2016), which was preceded by the release of Formation, a song she performed during the NFL Super Bowl 50 Halftime Show. She brought out her husband Jay-Z, Serena Williams, and Kendrick Lamar for the last show. This tour grossed $256 million.
- On the Run II Tour (2018), the second joint tour with her husband Jay-Z. This tour grossed $254 million.
- Renaissance World Tour (2023), which became the highest-grossing tour by a female artist. The tour grossed $592 million.
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Other Performances, Collaborations, and Songs in Beyoncé’s Music Catalog
Over the years, Beyoncé has had many notable performances and collaborations with other artists, as well as singles that weren’t included in her studio albums. Her most notable projects include, but are not limited to:
- Performing at the Super Bowl XLVII halftime show at the Mercedes-Benz Superdome in New Orleans (the second most-tweeted-about moment in history)
- Remix of Mi Gente in collaboration with J Balvin and Willy William in September 2017
- Collaboration with Eminem on Walk on Water in November 2017
- Remix of Perfect by Ed Sheeran in collaboration with the artist in December 2017
- Release of the music video of Beyoncé and Jay-Z’s collaboration Family Feud in January 2018
- Performing as the headlining act of the Coachella Music Festival in April 2018 (the most-watched live Coachella performance and live performance on YouTube of all time)
- Featured on Megan Thee Stallion’s song Savage in April 2020
- Release of the nonprofit charity single Black Parade
- Performing the American national anthem at President Obama’s second inauguration in January 2013
Music Earnings
Beyoncé Knowles has had one of the most fruitful music careers of all time. As such, it is impossible to keep track of all of her earnings and profits. Even so, we did find some useful information that paints a picture of how much the artist has been earning over the years.
In 2008, Forbes reported that Beyoncé had earned $80 million between June 2007 and June 2008 from her businesses, music, touring, and films.
In 2012, Beyoncé and Jay-Z became one of the world’s highest-paid celebrity couples with $78 million earned that year, collectively. They earned $122 million between them in 2009 and were added to the Guinness World Records book as the “highest-earning power couple”.
Between 2009 and 2011, Beyoncé reportedly earned an average of $70 million a year. In 2012, she earned $40 million.
In 2014, Forbes reported that Beyoncé was the top-earning female in music for the second year in a row. She earned $115 million this year, which was over double what she earned in 2013.
In 2016, Beyoncé earned $54 million and she and Jay-Z once again topped the highest-paid celebrity couple list with a combined $107.5 million. That same year, Billboard announced that Beyoncé Knowles was the highest-paid musician of the year, placing her earnings at $62.1 million.
In January 2023, Beyoncé performed at a private show in Dubai, her first concert in over four years, and reportedly earned $24 million for it!
According to Cosmopolitan, Beyoncé has made $114.5 million in digital singles and $30.5 million in album sales.
Beyoncé’s Coachella appearance in 2018, which lasted 105 minutes, added $8 million to her net worth. And, her Renaissance Tour which was recently wrapped, earned Bey an estimated $100 million post-taxation.
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Even after Beyoncé’s Renaissance World Tour concluded, she kept raking in the dough since the concert continued to play in theaters long after. After the Renaissance World Tour, she released the film Renaissance: A Film by Beyoncé, documenting the execution of the world tour. The film pulled in $44 million at the box office.
Forbes reported that this latest success with the Renaissance Tour, the film, as well as Beyoncé’s first country album Cowboy Carter, reportedly boosted the singer’s fortune by $220 million between 2023 and 2024.
Beyoncé’s Acting Career
In 2001, while she was still part of Destiny’s Child, Beyoncé landed a major role in Carmen: A Hip Hopera, the MTV film. A year later, she made her theatrical film debut when she played Foxxy Cleopatra in the comedy film Austin Powers in Goldmember, which grossed $73 million at the box office.
Beyoncé’s acting career has expanded greatly since, with her taking many roles in films, including:
- The Fighting Temptations (2003)
- The Pink Panther (2006)
- Cadillac Records (2008)
- Obsessed (2008)
- Life Is But a Dream (2013) – feature-length documentary film on HBO, co-directed by Beyoncé Knowles
- Homecoming: A Film By Beyoncé (2019)
In addition to these roles, Beyoncé Knowles has starred, directed, and provided the soundtracks for several films.
In 2006, she starred in the film version of the Broadway musical Dreamgirls. To promote Dreamgirls, Beyoncé released Listen, the lead single from the soundtrack album.
In 2013, she did a voiceover in Epic and recorded the original song Rise Up, co-written with Sia for this film.
In 2019, Beyoncé voiced Nala in The Lion King. Her remake of Can You Feel the Love Tonight was featured on the film’s soundtrack, where she sang alongside Billy Eichner, Seth Rogen, and Donald Glover. Her original song for the film, Spirit, was released as the lead single from the soundtrack and the companion album The Lion King: The Gift, produced and curated by Beyoncé herself.
In September of the same year, a documentary that chronicled the production and video filming of The Lion King: The Gift was aired on ABC. It was titled Beyoncé Presents: Making the Gift.
In July 2020, a visual album based on the film’s music premiered on Disney+. It was produced by Parkwood Entertainment and Disney, and written and directed by Beyoncé.
At this point, Beyoncé received the most nominations – nine in total – at the 63rd Annual Grammy Awards, and four awards. This made her the most-awarded female artist, most-awarded singer, and second most-awarded artist in the history of the Grammy Awards.
In 2021, Beyoncé wrote and recorded Be Alive to be used in the biographical drama film King Richard, produced by Serena Williams and her sister, and starring Dwayne Johnson.
Two years later, she released the documentary concert film Renaissance: A Film by Beyoncé, which she wrote, directed, and produced in collaboration with AMC Theatres.
Earnings from Acting Career
Not much has been revealed about the star’s earnings from acting, but we did manage to find some details.
For instance, Beyoncé’s deal with Netflix for her work on Homecoming in 2019 was worth an estimated $60 million. However, Variety reported that the deal was for three projects in total.
For Cadillac Records, she earned $4 million – but donated it all to charitable causes.
For Dreamgirls, Beyoncé reportedly earned an impressive $12.5 million, which was twice as much as she earned for Austin Powers, which would be $6.25 million.
Philanthropy
Over the years, Beyoncé has built a reputation as a major philanthropist, having contributed to various charitable causes over the years. In 2002, she partnered with her mother Tina Knowles and bandmate Kelly Rowland to build a community center in Downtown Houston called the Knowles-Rowland Center for Youth.
In 2005, after Hurricane Katrina brought devastation to many families in New Orleans and surrounding areas, Beyoncé once again partnered with Kelly Rowland to found the Survivor Foundation, which provided traditional housing to displaced families. She donated the initial $250,000 to the cause, as well as $100,000 to the Gulf Coast Ike Relief Fund.
In 2007, the famous artist founded the Knowles-Temenos Place Apartments. This is a housing complex that offers living space for 43 individuals. She had donated $7 million towards the maintenance of the complex as of 2016.
In 2009, Beyoncé donated her entire $4 million salary from the film Cadillac Records to Phoenix House, a non-profit drug and alcohol rehabilitation organization.
In addition to this, Beyoncé has done the following for charitable causes:
- Participated in the Hope for Haiti Now: A Global Benefit for Earthquake Relief telethon in 2010
- Participated in Michelle Obama and the National Association of Broadcasters Education Foundation’s campaign against child obesity in 2011
- Ambassador for the 2012 World Humanitarian Day Campaign in 2012
- Participated in the Gucci Chime for Change campaign with Salma Hayek and Frida Giannini in 2013
- Donated over $1.5 million with Jay-Z to support the Black Lives Matter campaign, Hands Up United, and Dream Defenders
- Launched the Formation Scholars Program in 2017
- Donated $6 million to the National Alliance in Mental Health in 2020
What Else Has Beyoncé Invested In?
In addition to a very successful music and acting career, Beyoncé has made a fortune through merchandise sales, businesses, and other investments over the years.
Business Ventures
Most recently, in August 2024, Beyoncé partnered with Moët Hennessy to launch SirDavis, a whiskey named after her great-grandfather.
This is just one of many businesses and ventures the artist has started or managed over the years.
In 2010, she founded her own entertainment company Parkwood Entertainment, which started as a production unit for films and videos in 2008. The company is named after a street in Houston where Beyoncé once lived and is now headquartered in New York. These days, Parkwood Entertainment is an umbrella for the artist’s various brands in fashion, movies, music, and videos.
The company is behind the production of Cadillac Records and the distribution of Beyonce’s albums including her self-titled album in 2013, Lemonade in 2016, and The Carters, Everything Is Love in 2018.
In 2010, Beyoncé also set up a vegan meal delivery service called 22 Days Nutrition.
In 2015, Beyoncé invested in Tidal, the music streaming service. Her husband Jay-Z acquired the parent company of Tidal in 2015, Aspiro. These days, sixteen artist stakeholders co-own Tidal, including Beyoncé and Jay-Z, Kanye West, Rihanna, Chris Martin, Nicki Minaj, and Madonna.
Even though her stake in Tidal remains undisclosed, it has been reported that Beyoncé has already earned $8.9 million in payout from dividends. Since the investment, Jack Dorsey acquired Tidal for $300 million in 2021, but Beyoncé reportedly retained her stake.
In 2022, Beyoncé invested in the startup Lemon Perfect, though the details haven’t been disclosed.
Product and Fashion Lines
In 2005, Beyoncé partnered with her mother to introduce a women’s fashion line called House of Deréon, inspired by three generations of women in the Knowles family and named after Beyonce’s grandmother Agnèz Deréon, a seamstress. The duo also founded Beyond Productions, the family’s brand management company, providing the licensing for House of Deréon and its collection Deréon.
Since she was still with Destiny’s Child, House of Deréon pieces were exhibited in the band’s shows and tours. The collection includes denim and fur offerings, sportswear, outwear, and accessories, and remains available at specialty stores and departments in the US and Canada.
The same year she founded the fashion line, Beyoncé teamed up with a shoe company called House of Brands, to produce a range of footwear for House of Deréon.
In 2008, Beyoncé Fashion Diva, a high-style mobile game with a social networking component, was launched by Starwave Mobile. The game featured the fashion line, along with other data from the entertainer’s career and life.
A year later, Beyoncé and her mother launched Sasha Fierce for Deréon to expand their brand. The junior apparel label included footwear, sportswear, outerwear, and more, and it was sold in department and specialty stores. In the following years, the duo would continue to grow the brand, creating new lines such as Deréon by Beyoncé, for instance.
In 2010, Beyonce also launched her first official fragrance Heat, followed by Heat Rush the following year and Pulse in September 2011. To date, Queen Bey has released six editions of Heat, and this is the world’s best-selling celebrity fragrance line – with sales of over $400 million.
In 2016, Beyoncé launched her sports apparel brand with TopShop called Ivy Park. She later bought out Topshop owner Philip Green from his 50% share, after he was alleged to have bullied and racially abused employees.
After breaking off her deal with Topshop, Beyonce partnered with Adidas. Adidas reportedly paid her about $20 million a year for this deal. However, since the company was struggling financially in 2023, Beyonce and Adidas decided to end their partnership in March of the same year.
In 2024, Beyoncé launched a hair care product line called Cécred. She went on to establish an annual grant for $500,000 yearly cosmetology school scholarships and salon business grants, in collaboration with BeyGoods.
Endorsements and Sponsorship Deals
As one of the biggest artists in the world, Queen Bey has signed multimillion-worth endorsements and sponsorship deals with top brands. She has worked with Pepsi since 2002. While the previous details are largely undisclosed, in 2012, Beyoncé signed a $50 million deal to keep endorsing Pepsi.
In addition to Pepsi, the entertainer has worked with the following brands:
- Tommy Hilfiger for the fragrances True Star and True Star Gold – paid $250,000 for the first
- Emporio Armani for the fragrance Diamonds
- American Express
- Nintendo DS
- L’Oreal
- Tiffany & Co., together with Jay-Z for the company’s About Love campaign
Real Estate
Beyonce and Jay-Z own a luxurious portfolio of real estate assets. In 2017, the duo bought an $88 million Bel Air mansion. In 2023, they spent $200 million on a Malibu mansion, the most expensive home sale in US history at the time.
In 2005, Beyonce bought a NYC condo for $5 million, on her own, but she sold it in 2017 for $9.95 million. Three years later, she and Jay-Z bought an $8 million for a 7-bedroom Indian Creek Island mansion, which they sold in 2010 for $9.3 million.
Fast forward to 2017, the couple spent $26 million on a mansion in the Hamptons called Pond House, which they most likely still own today. Their TriBeCa penthouse was worth $6.85 million at the time of the purchase, and their New Orleans home is priced at $3.5 million.
In addition to this, they own a $4 million private island in the Bahamas, though it’s unknown when they acquired it.
Lifestyle and Other Assets
Jay-Z and Beyoncé often spend their vacations on the Galactica Star, a luxury yacht owned by Nigerian energy magnate Kola Aluko. To stay on it, you need to pay $900,000 a week!
In addition to this, Beyoncé Knowles is thought to own one of the most expensive cars in the world, as well as her private jet. She owns a $2 million 2010 Bugatti Veyron Grand Sport, as well as a custom $1 million Mercedes van.
In 2021, she and Jay-Z reportedly bought a Boat Tail Rolls-Royce for $20 million. For Father’s Day a few years back, Beyoncé bought her husband a $40 million Bombardier Challenger 850 private jet.
For her first birthday, Blue Ivy got an $80,000 diamond-encrusted Barbie Doll as well as a $600,000 gold rocking horse, and a $100,000 birthday party. Blue Ivy’s VMA gown in 2023 cost $11,000. The twins, Rumi and Sir, got matching gold cribs worth $75,000 before they were even born.
What Can We Learn from Beyoncé’s Story?
Beyoncé’s story is a powerful example of success rooted in talent and hard work. Her dedication to her craft is unparalleled. She started singing and performing at a young age, following her passion as early as possible. This teaches us that success is not just about talent. It requires discipline, constant self-improvement, and hard work.
Over the years, Beyoncé has continually evolved, both personally and musically.
From her early days with Destiny’s Child to her solo career, she has redefined herself with each album, which kept her relevant in the ever-changing music industry.
Beyoncé is not just an artist – she is a savvy businesswoman, as well. She has managed to use her personal brand to dramatically expand her financial portfolio. She owns her music, manages her tours, and has done a great job partnering with major brands like Pepsi and Adidas.
The famous artist has diversified her earnings beyond music, venturing into fashion, business, and film. Diversifying your income streams is a great method for building financial stability, as well as long-term wealth.
Finally, Beyoncé has been using her platform to promote social justice, gender equality, and African American culture. Using your influences for causes you believe in can boost your impact beyond your primary career.