Inside Beyoncé’s $500M Net Worth – from a $600,000 rocking horse for Blue Ivy to a $60M Netflix documentary

ALL greet Queen Bey.

Beyoncé Knowles-Carter is one of the most successful and profitable artists of all time.

Beyonce at the LA premiere of The Harder They Fall in 2020

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Beyonce at the LA premiere of The Harder They Fall in 2020

As a singer, songwriter, actress and entrepreneur, everything Beyoncé touches turns to gold.

In this installment of our celebrity wealth series, we break down how the 40-year-old megastar built her wealth and profile.

It comes as Beyonce finally released her Renaissance album today, July 28th.

How rich is Beyoncé?

According to Celebrity Net Worth (CNW), Beyoncé is reportedly worth $500 million.

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Since 2007, Beyoncé has made an average of $63 million annually, including 2014 and 2017 when she grossed more than $100 million.

Along with her husband Jay-Z — who is himself worth $1.4 billion — Beyoncé makes up half of one of the most powerful and prominent couples on the planet.

The duo surpassed $1 million in combined worth in 2014 and have practically doubled their combined fortune since then.

How did she make her money?

Ever since her beginnings with Destiny’s Child in the 1990s, Beyoncé has been a record-selling machine.

The girl group have sold around 60 million albums, and Queen Bey herself has sold more than 120 million since debuting as a solo artist in 2003.

In 2016, Lemonade was the best-selling album worldwide.

In addition to album sales, Beyoncé also helmed two of the highest-grossing tours of all time: her own Formation tour following the release of Lemonade and her collaborative On the Run II tour with Jay-Z.

And she turned her breakthrough Coachella performance into an eight-figure deal with Netflix.

After becoming the first black woman to headline the festival in 2018, Bey signed a $60 million deal with the streaming service to produce a documentary about the performance.

Both her Coachella performance and the documentary film Homecoming received critical acclaim.

Beyoncé performed at Coachella in 2018

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Beyoncé performed at Coachella in 2018

Her fame also opened the door to acting opportunities.

In 2002, she made her big screen debut in Austin Powers in Goldmember, earning $3 million while proving she was a bankable movie star too.

Since she first appeared on screen, Beyoncé’s fee has only gone up.

In the 2019 The Lion King reboot, Bey made $25 million for voicing Nala — roughly half a million per line of dialogue, according to Cheat Sheet.

Beyoncé and Jay-Z also both had “substantial stakes” in Tidal, the streaming service that Jay bought for $56 million in 2015 and sold for more than $300 million in 2021, The Post reported.

Offers from other brands

Aside from her talent, much of Beyoncé’s success and notoriety has come from her ability to work with and promote brands.

She struck a $50 million deal with PepsiCo in 2012 that included a Super Bowl commercial and limited-edition Beyoncé soda cans.

In the past she has also signed endorsement deals with Loreal Paris, Tommy Hilfiger, Giorgio Armani, H&M, American Express and Nintendo.

Not content just promoting products for others, Bey launched her own clothing line, Ivy Park, in 2016.

fragrances

One of Beyoncé’s most successful ventures was her perfume line.

The star launched her first fragrance in 2010 and now has 14 fragrances under her line, according to Complex.

The venture took off immediately when her first perfume, Heat, broke a Macy’s record with sales of more than $75,000 in a single day.

By the end of 2013, Beyoncé’s fragrance line had grossed more than $400 million worldwide.

property

Beyoncé owns real estate across the country, and she and Jay-Z have made a lot of money selling houses.

StreetEasy offered a glimpse into the couple’s “real estate empire,” including a $9.3 million Miami mansion they sold in 2010 and a NYC condo that Beyoncé bought for $5 million in 2003 and sold for just under $10 million .

They made headlines in 2017 when they bought an $88 million Bel Air mansion, reportedly the most expensive home sold in Los Angeles that year.

A look inside Beyoncé and Jay-Z's home in Bel Air

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A look inside Beyoncé and Jay-Z’s home in Bel Air

How does Beyoncé spend her money?

Since their marriage in 2008, Beyoncé and Jay-Z have built an impressive car collection.

The couple own more than $13 million worth of cars, including an $8 million Maybach Exelero from 2004.

Bey gave her husband a $2 million Bugatti Veyron Grand for his 41st birthday in 2020.

Jay-Z and Beyonce with their Alfa Romeo Spider

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Jay-Z and Beyonce with their Alfa Romeo SpiderCredit: Instagram/Beyonce

And the high cost of vehicles isn’t limited to family cars.

In 2012, Beyoncé dropped $40 million on a Bombardier Challenger 850 private jet as a Father’s Day gift.

According to Business Insider, Beyoncé also buys jewelry from Jacob the Jeweler, which sells fine watches and jewelry for between $200,000 and $1 million.

In addition to each other’s gifts, Bey and Jay spare no expense for their children, 10-year-old Blue Ivy and 4-year-old twins Sir and Rumi.

The couple reportedly bought $106,000 worth of matching cribs for the twins in 2017, but few gifts from Rumi and Sir have been released.

According to The Richest, Blue Ivy received an $80,000 real diamond embellished Barbie doll for her first birthday.

Business Insider reported that Beyoncé and Jay-Z paid $600,000 to get their oldest child a massive gold rocking horse in 2012, and that may not be the only half-million dollar gift she’s received .

Following the 2021 Grammy Awards, Blue Ivy was photographed celebrating her first award wearing a gold and jeweled crown.

Blue Ivy’s crown bore a striking resemblance to a Biggie Smalls crown that was sold at auction in September 2020 for $594,750.

Rumors circulated online that Beyonce and Jay-Z had won the bid, hip-hop magazine XXL reported.

However, it is unconfirmed if Blue’s crown is really Biggie’s iconic headdress.

Throughout her career, Beyoncé has also built a reputation for philanthropy.

Her most notable donations include a $6 million investment in Covid-19 relief during the early months of the pandemic and when she donated the $4 million she earned from the film Cadillac Records to a Drug Rehabilitation Center donated.

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CELINE CASTRONUOVO

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