Beyoncé declared a billionaire by Forbes

December 29, 2025

Forbes has officially declared Beyoncé a billionaire, making her the fifth musician to achieve this status alongside Taylor Swift, Rihanna, Bruce Springsteen, and Jay-Z. Her fortune stems from multiple revenue streams, including her highly successful 2023 Renaissance World Tour that generated nearly $600 million and a profitable concert film distributed through AMC theaters. The 2024 Cowboy Carter tour and album further boosted her wealth, with the tour earning over $400 million in ticket sales plus $50 million in merchandise, while the album won her first-ever Grammy for Album of the Year.

Who is affected

Beyoncé (newly declared billionaire)
Forbes (business magazine making the declaration)
Jay-Z (her husband, listed with $2.5 billion net worth)
Taylor Swift, Rihanna, Bruce Springsteen (fellow musician billionaires)
Beyoncé's children (two of three participated in tour)
Former Destiny's Child bandmates (appeared as guests)
Concert attendees and fans
AMC theater chain (distribution partner)
Netflix (NFL halftime show partner)
Levi's (commercial partner)
Bloomberg (disputed Selena Gomez's valuation)

What action is being taken

No explicit ongoing actions are currently described in the article. The article reports on completed events and Forbes' declaration that has already been made.

Why it matters

This milestone is significant because it demonstrates Beyoncé's exceptional business acumen and cultural influence beyond just her musical talent. Her achievement as the fifth musician billionaire, and particularly as a Black woman in an industry with significant wealth disparities, represents both personal financial success and broader progress in entertainment industry economics. The billionaire status also reflects the evolution of artist business models, where musicians increasingly control their own distribution, merchandise, and brand partnerships rather than relying solely on traditional record label structures. Additionally, her success with Cowboy Carter—celebrating Black contributions to country music and earning her first Album of the Year Grammy after four nominations—highlights her continued artistic relevance and cultural impact decades into her career.

What's next

No explicit next steps stated in the article

Read full article from source: BBC