Beyoncé is now the fifth billionaire musician, Forbes reports
Grammy-winning artist joins husband Jay-Z and artists like Taylor Swift following the success of Cowboy Carter tour
TL;DR
- Beyoncé is now a billionaire, recognized by Forbes.
- Her "Cowboy Carter" tour grossed over $400 million, with merchandise sales adding $50 million.
- The "Renaissance" world tour previously generated more than $579 million.
- Most of her wealth comes from her music, including her catalogue and global tours.
- She founded Parkwood Entertainment in 2010 to manage her artistic ventures.
- Beyoncé is the fifth musician to achieve billionaire status, joining Jay-Z, Rihanna, Bruce Springsteen, and Taylor Swift.
- She also earned an estimated $50 million for the "Beyoncé Bowl" half-time show and $10 million for Levi's commercials.