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Beyonce Becomes A Billionaire, One of the World's Richest Blacks



Beyonce has reached billionaire status and her Country album and tour helped get her there. According to Forbes in a Dec. 29 report, BeyoncĂ©’s net worth has crossed $1 billion, making her one of the world’s richest entertainers. She has joined an exclusive list of musicians including her husband Jay Z. A husband and wife being in this rare financial sphere is historic. Only Taylor Swift, Rihanna, and Bruce Springsteen have crossed the billionaire bar.

Mathew Knowles, BeyoncĂ©’s father and former manager, posted on Instagram praising her for becoming the fifth musician ever to hit billionaire status, showing family pride. “I am so very proud of my daughter. She worked hard and it paid off!,” he said alongside a clipping of the Forbes announcement.

How Did She Do It?

The financial boost stems primarily from her music business — especially touring and ownership of her catalog. But Beyonce has diversified her financial portfolio to include stock in Uber

• Her “Cowboy Carter” tour in 2025 grossed hundreds of millions in ticket and merchandise revenue and was among the highest-grossing tours of the year.

BeyoncĂ©’s billionaire status is primarily based on Forbes’ wealth estimate anchored in her record-breaking tours, ownership of her music and brand ventures, and successful business strategy — positioning her among a very small club of billionaire musicians.

• Her earlier “Renaissance World Tour” also contributed significantly to her financial rise.
People.com

3. Diverse business ventures add to her empire
• Beyond music, BeyoncĂ©’s business interests — including her entertainment company Parkwood Entertainment and brands like CĂ©cred (hair care) and SirDavis (whiskey) — help expand her portfolio.
The Guardian
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• Forbes and other outlets emphasize that while these ventures contribute, the bulk of her billionaire status comes from music and related revenue streams.

Black Billionaires Worldwide

On the 2025 Forbes World’s Billionaires list, 23 Black individuals are included — representing less than 1 % of the total 3,028 billionaires worldwide.


These Black billionaires collectively hold an estimated $96 billion in wealth.


Some prominent names include Aliko Dangote, David Steward, Robert F. Smith, Tope Awotona, Tyler Perry, Tiger Woods, Rihanna, LeBron James, Jay-Z, and others — across sectors like tech, finance, entertainment, and energy.



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