The Remarkable Story Behind Beyonce and Jay-Z’s $1.5 Billion Net Worth
The world is captivated by the billionaires who dominate the rankings of the richest people alive, especially the founder of Amazon, Jeff Bezos, who is currently reigning at the top spot as the richest man alive with a remarkable net worth of around $131 billion — even after losing half of his wealth to estranged wife, MacKenzie.
But the couples whose cumulative net worth amounts to more than a billion dollars seldom get as much recognition, even if they are as famous as Beyonce and Jay-Z.
However, we bet neither Beyonce nor Jay-Z cares about whether the world acknowledges their riches because they are surely living the lifestyle of the rich and famous.
While they may not be as rich as some of the corporate giants out there, but in the entertainment industry, their combined riches certainly earn them a respectable spot among the Hollywood elite.
Among the Wealthiest
The Carters are worth an estimated $1.5 billion today if you tally up the wealth owned by both Beyonce and her husband Jay-Z. This figure should not surprise anyone considering the enormous fame and solid fan following enjoyed by Beyonce, which means she is able to negotiate her way through deals very nicely.
For example, her Netflix documentary called Homecoming, which covers the events around her Coachella performance back in the year 2018, earned Beyonce a staggering $60 million — and Netflix had no problem coughing up that amount to please the Queen.
Considering Beyonce’s humble beginnings in the entertainment industry, having started her career as part of a band called Destiny’s Child, it is remarkable how she worked her way up to build herself into a huge brand, eventually emerging as one of the most iconic musicians in history.
Her total worth considerably improved in the previous year thanks to the release of an album, consistent touring efforts, sales of her merchandise as well as her apparel line called Ivy Park.
Knowles is also a wise investor, earning through the stake she owns several companies including the streaming service called Tidal. Considering all of this, Beyonce is a true definition of a self-made successful woman.
Jay-Z The Mogul
While most of Beyonce’s wealth has come her way due to her amazing talent, for Jay-Z, making money meant owning or investing in successful businesses.
Although he is a formidable musician in his own rights who has made a significant amount of money through the sale of his albums as well as tour tickets, Jay-Z also has a well-diversified portfolio of investments in many industries such as real estate and art, to name just a couple.
Some of Jay-Z’s other successful investments include his champagne brand called Armand de Brignac, and his Bacardi partnership for cognac. Just like Beyonce, Jay-Z also has investments in Tidal.
How They Met
You may think that Beyonce and Jay-Z found each other after they had become super rich, but that is not the case. Apparently, the first time they met was back in the year 2002 when they were working together on a song.
Since both of them appeared in the music video together, there was a lot of speculation about the nature of their relationship in tabloids. This speculation continued until the two secretly tied the knot in the year 2008.
More in Fame
London is On Lockdown—But It’s Still a Great Place for Carspotting
Like any major city center in the world, London has always been known as a luxury car and fancy hypercar hotspot....April 23, 2020
Here’s a Sneak Peek of McLaren’s Upcoming Hybrid Supercar
It has been announced that British carmaker McLaren Automotive will be introducing a new entry-level hybrid supercar. And it looks like...April 23, 2020
Actor Tony Hale Loves Inviting Guests Over to His Homey ‘Sit-by-the-Fire’ Abode
Arrested Development actor Tony Hale and his wife, Martel, love inviting friends over to their cozy home in Los Angeles. The...April 17, 2020
Drake Takes Us Inside The Jaw-Dropping Manor He Built in His Hometown Toronto
From starting as a teenage TV actor in Canada to becoming a chart-topping global music star, Canadian rapper Drake started from...April 16, 2020
The Former Home of the Award-winning Novelist Edith Wharton Found a New Owner, and You Won’t Believe What the New Owner Paid for the Estate
Another oceanfront estate is off the market, and you would not believe how historically significant the estate was. The impressive estate...April 16, 2020
Selena Gomez just Bought the House of Her Dreams and People are Going Crazy Over Its Details
News has just surfaced that Selena Gomez just bought the house, which was previously owned by Tom Petty. According to the...April 16, 2020
If you are Feeling to Visit Someplace Exotic after the Pandemic, Here is a List of Islands that are Under the Radar for Tourists
Social distancing and being confined into our homes has left us thinking about the days when we would be able to...April 13, 2020
COVID 19: Germany Experimenting on Its Population by Offering them Shelters
These last few weeks’ governments all over the world are asking people to stay inside their homes till they devise out...April 13, 2020
Soccer Star Lionel Messi and Team Agree to 70% Pay Reduction Amid Coronavirus Crisis
The world’s highest-paid soccer player Lionel Messi and the entire pro club FC Barcelona team will take a 70% pay cut...April 9, 2020