Forbes has officially recognized Beyoncé as a billionaire, affirming her financial success alongside her musical talent. This designation underscores her ability to transcend the music industry and establish a formidable business presence.
Beyoncé’s Successful Tour and Film Project
Beyoncé recently produced a concert film from her first solo tour in seven years. This project was distributed through a partnership with the AMC theater chain. It reportedly grossed approximately $44 million globally, with Beyoncé earning nearly half of that revenue.
Her tour, tied to the acclaimed 2024 album “Cowboy Carter,” explored the black roots of country music. The album received critical acclaim and won her the Grammy Award for Album of the Year, marking a significant milestone in her career, as this was her first win after four nominations.
Tour Financials and Records
The “Cowboy Carter” tour achieved remarkable financial success. It generated over $400 million in ticket sales and an additional $50 million from merchandise. Guest appearances included Jay-Z, two of their children, and former Destiny’s Child members.
- Gross Ticket Sales: $400 million
- Merchandise Sales: $50 million
- Highest Ticket Price in the UK: £950
- Lowest Ticket Price: £71
The tour broke ticket sales records at prominent venues, including the Tottenham Hotspur Stadium and Stade De France. Although it faced some challenges with initial slow sales, promoters adjusted ticket prices to boost attendance.
Other Financial Endeavors
Beyoncé also performed a special halftime show during Netflix’s first Christmas Day NFL game. This event reportedly added around $50 million to her income. In addition, she earned $10 million from a series of commercials for Levi’s.
Comparison with Selena Gomez
Forbes has also drawn comparisons between Beyoncé’s net worth and that of fellow musician Selena Gomez. While Bloomberg’s billionaire index reported Gomez’s net worth at $1.3 billion, Forbes disputes this. They estimate Gomez’s worth to be around $700 million.
These figures highlight the competitive nature of wealth in the music industry, showcasing how different publications can assess artists’ financial standings. With her creative and business ventures, Beyoncé continues to solidify her status as a multifaceted powerhouse in entertainment.
