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The Guardian - US
The Guardian - US
World
Maanvi Singh

Beyoncé is now the fifth billionaire musician, Forbes reports

woman in leather outfit holds cowboy hat
Beyoncé accepts the innovator award during the iHeartRadio music awards on 1 April 2024 in Los Angeles. Photograph: Chris Pizzello/Invision/AP

Beyoncé is now a billionaire, according to a report from Forbes – becoming the fifth musician to obtain the status.

The Grammy award-winning artist, 44, has joined the world’s wealthiest people following the success of her Cowboy Carter tour, which grossed more than $400m in ticket sales, and an additional $50m in merchandise sales. Her previous Renaissance world tour brought in more than $579m.

Her husband, Jay-Z, was the first musician to become a billionaire on Forbes’s list in 2019. Rihanna, Bruce Springsteen and Taylor Swift have also achieved the elite status.

Though Beyoncé has launched several ventures including a hair care brand, Cécred, a whiskey label called SirDavis and a clothing line called Ivy Park, most of her personal wealth comes from her music – including revenue from her catalogue and from her global tours – according to Forbes.

In 2010, she founded Parkwood Entertainment, a management and production company, bringing control of all her artistic ventures – including music, concerts and documentaries – in house.

Her 2024 album, Cowboy Carter, was critically acclaimed, winning Beyoncé her first album of the year Grammy. The tour that followed the album’s release was the world’s highest-grossing music tour of 2025. The three-hour production included guest appearances by her husband, children and former Destiny’s Child bandmates.

“Across any category of the entertainment industry, there is practically no enterprise more lucrative than a musician who can sell out stadiums,” Forbes wrote – noting that the concert tour employed 350 crew members, used 100 semi-trucks worth of equipment and required eight 747 cargo planes to move the show from city to city.

Beyoncé began her career as a member of the pop group Destiny’s Child before launching her solo career in the early 2000s. She holds the record for most-awarded and most-nominated artist in Grammy history. The artist also made an estimated $50m for the 2024 “Beyoncé Bowl” half-time show for the NFL’s Christmas game, and $10m for starring in Levi’s commercials.

The artist – who sang on her track Pure/Honey, “It should cost a billion to look this good / But she make it look easy ’cause she got it” – has now officially got it.

In 2025, there are more than 3,000 billionaires around the world, according to Forbes.

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