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Beyoncé's Net Worth Hits $800 Million
Posted
December 13, 2023
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29,018
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December 13, 2023
29,018
777
114
3.07%
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12:54Now Playing“It should cost a billion to look this good,” Beyoncé sings on “Pure/Honey” from her 2022 album, Renaissance. Given the stellar year the 42-year-old entertainer has had, money doesn’t appear to be a problem—she is now on a glidepath to becoming a billionaire, with a net worth of $800 million, Forbes estimates.
In June, Beyoncé ranked No. 48 on Forbes’ annual list of the richest self-made women in America, with a net worth of $540 million. The dramatic boost to her fortune can be attributed to her substantial 2023 earnings—she banked an estimated $100 million (post-tax) from the Renaissance World Tour—as well as an adjustment to Forbes’ estimate of her music catalog and her art collection. Sources tell Forbes the singer’s catalog is now worth some $300 million. The remainder of her net worth is made up of the personal assets she shares with her billionaire husband, Jay-Z, as well as her business holdings through Parkwood Entertainment, which she founded in 2010. (Representatives for Beyoncé did not respond to Forbes’ request for comment.)
One of the major drivers to the increase to Beyoncé’s net worth was her blockbuster Renaissance tour, which ran from May to October and spanned 39 cities in 17 countries. Renaissance brought in more than $579 million in revenue, making it one of the top 10 highest-grossing tours in history, according to Billboard.
“She’s one of the music gods,” IAG chairman Dennis Arfa, who represents acts including Billy Joel and Metallica, tells Forbes. “The business she does, and the amount of people that she draws, that she can do a movie on her own. She can do things most can’t.”
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