For every persons who have been longing to know much more about the financial status of Beyonce, this article is for you!
But before diving deeper, let’s look at a mini biography of Beyonce:
She was born in September 4, 1981 and is now currently 39 years old. She is 5 ft and 6 inches or 1.69 m tall. She has professionally being a Singer, Film Producer, Actor, Television Producer, Songwriter, Businessperson, Voice Actor, Record Producer, Music artist. Notably, she owns a U.S.A. nationality.
Beyonce | Photo Credit: nymag.com
Now! What is Beyonce’s Net Worth?
It will interest you to know that Beyonce Knowels, a famous American singer, an actress and a fashion designer is now worth the hoop sum of $500 million. She has been able to earn the net worth via her successful career and for largely being a great icon.
In past years, Beyonce reigned as the lead singer for the Destiny’s Child, an American girl group. There were lots of awards won by the Destiny’s Child from several of their recorded hit songs.The group was able to win an award of the “Best R&B/Soul Single” for “No, No, No” which was an inclusive hit song. They also won awards of “Best R&B song” and “Best R&B Performance by a Group with Vocals” through their most popular song titled “Say my Name”. They also released some other hit songs like “Jumpin Jumpin”, “Bills, Bill, Bills” and so on.
Just as it was necessary, sometime after the release of the album: “8 Days of Christmas”, Destiny’s Child group members departed to focus on their own solo projects. Besides singing, Beyonce also did well as an actress while she has featured in films like Dreamgirls, The Fighting Temptations, Austin Powers in Goldmember, and others. She was also very successful in solo songwriting by making hits such as “Independent Woman”, “Grillz”, “Cater 2 U” and “Check on it”. In the course of her career, she won an award of the “Pop Songwriter of the Year” in 2001.
Interestingly, Beyonce is now recognized in the music industryto be among the most talented & exciting performers today!
Over the years, Beyonce has pulled together different business ventures, endorsements and products other than just singing and acting. As we got to know, Beyonce is likewise a very creative and talented fashion designer as well as an investor. In joint hands with Tina Knowels: her mother, Beyonce was able to launch a fashion line for women alone which is known as “House of Dereon”. Today! The establishment often produce accessories, lingerie, sportswear, footwear, shoes, jewelry, etc.
For further business extension, Beyonce entered partnership with Topshop, a British fashion company in 2014. This was in order to produce some activewear known as “Ivy Park”. Later on she bought Topshop and has now got 100% control over the brand today! Similarly, Beyonce made a deal of becoming a creative partner with Adidas in 2019, in order that the Ivy Park brand may develop further.
Beyonce has featured in several commercial ventures like Pepsi. Similarly, she has endorsed L’Oreal, Nintendo DS and American Express. Among all, her Pepsi deal in 2012 was actually worth $50 million.
Over the years, Beyonce owns a line of fragrances with brands like Tommy Hilfiger and she has also helped to promote Diamonds fragrance of Emporio Armani label. In 2010 she later launched her own fragrance brand, and with time she was able to create up to 6 fragrance brands in total with which she has generated about $500 million income since 2010.
Beyonce signed a deal worth $60 million with Netflix in 2018 in order to help provide 3 pieces of content for the streaming service.
Milestones of Beyonce’sNet Worth
In 2000 when Beyonce released her 1st solo album, she was able to earn about $10 million after deduction of taxes and necessary fees has been made. Advancing in financial worth, she then earned an estimate of $30 million between 2000 & 2007 being a solo artist together with what she got from her other acting or endorsing endeavors.Way back in Sept.2009, the net worth for which she was rated was $25 million, and she earned increasingly till 2019 which eventually produced a total earning of $807 million from 2007-2019. This means she often earn up to $60 million per year right from 2009. Being married to Jay-Z, the coupled is rated with combined net worth of $1.5 billion today!
We have found that Beyonce and her man own a lot of real estate in different parts of the world. Here we nail on some we could cover in this piece.
In 2008 the couple bought one 7-bedroom mansion situated in an Island in Miami. But in 2010the house was sold out for a sum of $9 million.
Personally, Beyonce owns a house worth $2.6 million in New Orleans.
For Jay-Z, he owns an apartment worth$10 million in New York City which he rather purchased at $6.85 million in 2004.
A condo in NYC which Beyonce bought for $5 million as at 2005 was later sold in 2017 at $9.95 million. Beyonce and Jay-Z jointly bought a mansion located in Hamptondubbed as Pond House for $26 million in 2017.
Incredibly, it has been recorded that Beyonce and Jay-Z jointly bought a jaw-dropping crazy 30,000 ft² mansion in Bel Air, California. Though it was rumored that they both acquired a mortgage of $52 million when purchasing the house. For full details, the home has multiple pools, a full-sized basketball court, bulletproof windows, a 15 car garage and also covers two acres of land.
In Bahamas, the couple owns a private island worth $4 million.
Based on total estimation, Beyonce and Jay-Z have been able to acquire real estate worth not less than $150 million in the US as per discovery from public records. Yet, there is a possibility that they may own some other abroad real estate or other hidden properties.