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Grammy Award-winner Beyoncé Knowles is ready to affix the esteemed billionaire echelons as her web price scales new heights, at the moment estimated at a staggering $800 million by Forbes.
Earlier in June, Beyoncé secured the forty eighth spot on Forbes’ annual roster of the wealthiest self-made ladies in America, boasting a web price of $540 million on the time.
The bounce in her web price is tied to the success of her Renaissance World Tour, the place she reportedly amassed an estimated $100 million (post-tax).
In line with Forbes, Beyonce’s catalogue is price $300 million, with the rest of her web price comprising shared belongings together with her billionaire partner, Jay-Z, and her enterprise pursuits by way of Parkwood Leisure, a enterprise she established in 2010.
What it is best to know
Beyonce’s Renaissance tour, which spanned 39 cities in 17 international locations from Could to October raked in over $579 million in income, securing its place among the many high 10 highest-grossing excursions in historical past in keeping with Billboard.
Happening to provide “Renaissance: A Movie By Beyoncé” yielded profitable returns. Reportedly, she struck a take care of AMC Theaters akin to Taylor Swift’s association for her Eras Tour film. Beyoncé independently launched, wrote, produced, and directed the movie by way of AMC, leading to a worldwide gross of $27.4 million in its opening weekend and $11.5 million on its first day.
Nonetheless, the 12 months was not fully easy crusing for the singer. In March, her athleisure model, Ivy Park, terminated its five-year alliance with Adidas on account of falling in need of gross sales projections by $200 million in 2022.
Regardless of this setback, Beyoncé nonetheless obtained an annual compensation of $20 million. She launched into a collaboration with French vogue home Balmain on Renaissance Couture and unveiled her fragrance, Cé Noir, priced at $160 on her web site in November.
Past her music and vogue enterprises, Beyoncé and Jay-Z share an in depth actual property portfolio valued at roughly $320 million, that includes a $200 million Malibu mansion acquired in June, touted as California’s costliest residential property so far.
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