Beyoncé Is One of the Richest Women in the World. Here's How the Singer Built Her Empire

Beyoncé may not spend "a billion to look this good," but her net worth is nearly that amount.

The "Texas Hold 'Em" singer has built her empire from her successful music career and her various businesses. In 2023, Beyoncé embarked on her Renaissance World Tour, which brought in over $579 million in revenue, making it one of the highest-grossing tours of all time, per Billboard.

As of December 2023, Forbes estimated Beyoncé's net worth to be $800 million, with half owing to her music catalog and tour profits and the remainder coming from her personal assets and businesses.

“She’s one of the music gods,” IAG chairman Dennis Arfa told Forbes. “The business she does, and the amount of people that she draws, that she can do a movie on her own. She can do things most can’t.”

In addition to her music career, Beyoncé has had a number of collaborations, such as her Ivy Park collection with Adidas, over the years. In 2024, she expanded her business profile even more with the launch of her hair line, Cécred, and whiskey brand, Sir Davis.

From the success of her world tours to how she's become a business mogul, here's everything to know about how Beyoncé built her net worth.

What is Beyoncé's net worth?

As of December 2023, Beyoncé is worth $800 million, an update from the $540 million net worth Forbes reported in June. The outlet attributed the dramatic boost to the singer's Renaissance tour, which ran from May to October and spanned 39 cities in 17 countries.

Forbes attributed $100 million of Beyoncé's net worth to her Renaissance revenue while estimating her catalog worth to be around $300 million.

The additional $400 million was attributed to Beyoncé's joint ventures with her husband, rapper JAY-Z, and her entertainment company, Parkwood Entertainment, which she founded in 2008.

What are Beyoncé's album and tour sales?

Beyoncé's career spans four decades, starting with the five studio albums she released as part of Destiny's Child. Since embarking on her solo career, Beyoncé has released eight studio albums, five live albums, three compilation albums and one soundtrack album.

The "Break My Soul" singer has sold over 120 million solo records and an additional 60 million with Destiny's Child. All eight of Beyoncé's studio albums debuted at the No. 1 spot on Billboard's top 200 list, making her the first woman to reach that accomplishment.

From the start of her career, Beyoncé has been breaking records, including scoring four No. 1 entries on the Billboard Hot 100 while she was in Destiny's Child. Her first single after she left the group, 2003's "Crazy in Love," spent eight weeks at the No. 1 spot of the chart when it came out and her latest success was marked with 2024's "Texas Hold 'Em" cinching the top spot for two weeks after its release.

Throughout her career, Beyoncé has embarked on nine concert tours. In 2023, the multi-hyphenate beat her own record for the highest-selling tour by a Black person, which she set with the $256 million-grossing Formation World Tour in 2016. Seven years later, the Renaissance World Tour nearly doubled those profits.

What are Beyoncé's businesses?

In addition to her icon status as a singer, dancer and performer, Beyoncé is also an accomplished businesswoman. In 2008, she started her own production, entertainment and management company, Parkwood Entertainment, which has produced various works of music and movies, including 2023's Renaissance: A Film by Beyoncé.

She expanded her business portfolio in 2016 with the launch of her athleisure collection, Ivy Park, in collaboration with Adidas, which she grew to include children's clothing in 2021. In March 2023, the artist and Adidas parted ways after creative differences, a source told The Hollywood Reporter.

The previous month, the Wall Street Journal reported that Beyoncé had taken home $20 million in commission, despite sales of the brand dropping to $40 million. Shortly after the partnership terminated, Beyoncé dropped a new collection with Balmain.

In 2024, Beyoncé moved her talents to the liquor and hair care industry, launching her hair brand, Cécred, in February. In October 2024, Beyoncé told GQ she purposely didn't put herself into the advertisements for the brand with the hopes that the quality of the product would speak for itself.

Just months later, the artist announced another venture: her very own whiskey line, SirDavis Whisky, named for her great-grandfather Davis Hogue, a farmer and moonshiner in the South. Like with her hair brand, Beyoncé limited how much of herself she put in the promotion for the product, explaining to GQ that there are different rules when it comes to women and men pushing their ventures.

"Men often have the luxury of being perceived as the strategists, the brains behind their ventures," she said. "They’re given the space to focus on the product, the team, the business plan. Women, on the other hand, especially those in the limelight, are frequently pigeonholed into being the face of the brand or the marketing tool."

She added, "It’s important to me to continue to take the same approach I have taken with my music and apply my learnings to my businesses."

How much has Beyoncé donated to charity?

In 2013, Beyoncé launched her official charity foundation, BeyGOOD, which has led a number of initiatives in the decade-plus since. A portion of profits from Beyoncé's tours, including the Formation World Tour, went to causes BeyGOOD supports, such as donating over $6 million to the people affected by the Flint Water Crisis, with some profits going to the Flint Health and Development Fund.

The foundation has donated to various causes, from awarding over $2 million in scholarships for students attending HBCUs to donating $6 million to coronavirus relief in 2020.

Most recently, the foundation announced a partnership with Cécred to award $500,000 annually to support cosmetology school student scholarships and salon business grants in cities across the country.

What has Beyoncé said about her wealth?

Beyoncé has always been humble, rarely discussing her wealth or success. She's been vocal about prioritizing her family, children and passions over making decisions based on money.

"I have made an extreme effort to stay true to my boundaries and protect myself and my family," she told GQ. "No amount of money is worth my peace."

In a 2013 interview with Piers Morgan for CNN, Beyoncé said money does not equate to happiness for her, though she is grateful for all that she's worked for.

"It brings some happiness, it brings comfort," she said. "You don't have to worry about money, and [people] do and it's extremely tough ... I'm very happy that I don't right now."