What Is Beyonce Net Worth In 2020?
Beyonce Net Worth
|Net Worth:||$500 Million|
|Date of Birth:||Sep 4, 1981 (39 years old)|
|Height:||5 ft 6 in (1.69 m)|
|Profession:||Singer, Actor, Film Producer, Songwriter, Record producer, Television producer, Musician, Businessperson, Voice Actor, Music artist|
|Nationality:||United States of America|
Beyonce Net Worth In 2020
Beyonce Knowels is a popular American singer, actress and fashion designer who has a net worth of $500 million. Beyonce earned her net worth through her career as a incredibly successful recording artist, business woman and general icon at large. Before going solo, Beyonce was the lead singer of the girl group Destiny’s Child. Destiny’s Child recorded many hits and won dozens of awards throughout their tenure. The group won the Best R&B/Soul Single award for their hit song “No, No, No”. One of the most popular Destiny’s Child songs was “Say my Name” which won the award for “Best R&B Performance by a Duo or Group with Vocals,” and “Best R&B Song.” Other hits by Destiny’s Child include, “The Writing’s on the Wall”, “Jumpin, Jumpin,” and “Bills, Bills, Bills”. After they finished their album, “8 Days of Christmas,” the group decided to go their separate ways and work on solo projects. Beyonce is also a popular actress and has appeared in films such as Austin Powers in Goldmember, The Fighting Temptations, Dreamgirls and The Pink Panther. She also has become very successful as a solo songwriter, with hits like, “Independent Woman”, “Cater 2 U”, “Grillz” and “Check on it”. In 2001, she won the Pop Songwriter of the Year Award, at the American Society of Composers, Authors and Publishers Pop Music Awards. Today Beyonce is considered one of the most talented and exciting performers in the music industry.
Beyonce married rapper Jay-Z in April of 2008, in New York City and they had their first child together, a daughter named Blue Ivy, on January 6th 2012. On June 13, 2017 Beyonce gave birth to twins, a daughter named Rumi and a son named Sir.
What are Beyoncé and Jay-Z worth together?
— Forbes (@Forbes) July 12, 2018
The numbers are pretty impressive for The Carters. Jay-Z has been in the rapping game since 1989 when he appeared on Yo! MTV Raps. Beyoncé has been in the public eye as a dedicated musician since she took the spot of lead vocalist in Destiny’s Child back in 1997. The R&B group turned heads, but eventually, Knowles moved on to a solo career.
The wealthy duo tied the knot in 2008 and with it, their finances began to intermingle. With them both sitting on their own nest egg, they’ve created a massive fortune, one that will ensure their children will have an excellent life ahead. So how much are The Carter’s worth?
They’ve broken $1 billion, coming in at around $1.4 billion thanks to all of their hard work, dedicated fans, and overall resounding success.
Favorite Quotes from Beyonce
“I truly believe that women should be financially independent of their men. And let’s face it, money gives men the power to run the show. It gives men the power to define value. They define what’s sexy. And men define what’s feminine. It’s ridiculous.” – Beyonce
“We have to teach our boys the rules of equality and respect so that as they grow up gender equality becomes a natural way of life. And we have to teach our girls that they can reach as high as humanly possible.” – Beyonce
“When you love and accept yourself when you know who really cares about you, and when you learn from your mistakes, then you stop caring about what people who don’t know you think.” – Beyonce
I don’t feel like I have to please anyone. I’m grown. Can do what I want. Can say what I want. I can retire if I want. That’s why I’ve worked hard. Women have to take the time to focus on our mental health — take time for self, for the spiritual, without feeling guilty or selfish.” – Beyonce
“I wanted to sell a million records, and I sold a million records. Wanted to go platinum; I went platinum. I’ve been working nonstop since I was 15. I don’t even know how to chill out. I don’t really like to call myself a brand, and I don’t like to think of myself as a brand. I’m a singer, a songwriter, a musician and a performer. And an actress, and all the other things that I do. When you add it all together, some might call it a brand, but that’s not my focus.” – Beyonce
Business Ventures, Endorsements and Products
Beyond acting and singing, Beyonce is also a very creative fashion designer and investor. Together with her mother Tina Knowles, Beyonce launched a women’s fashion line called “House of Dereon” that today produces accessories, footwear, lingerie, shoes, sportswear, jewelry and more.
In 2014 Beyonce partnered with British fashion company Topshop to produce a line of activewear called “Ivy Park”. She ultimately bought Topshop out of their share of the partnership and today controls the brand 100%. In 2019 Beyonce signed a deal to become a creative partner at Adidas to further develop the Ivy Park brand. The day the partnership was announced shares of Adidas rose 1.3%.
Beyonce has appeared in dozens high-profile commercials, most notably for the soft drink Pepsi. She has also endorsed American Express, Nintendo DS, and L’Oreal. Her 2012 Pepsi endorsement deal was worth $50 million over several years.
She has a line of fragrances with Tommy Hilfiger called “True Star” and “True Star Gold” and has promoted Emporio Armani’s Diamonds fragrence. She launched her first solo fragrance brand in 2010. She eventually created a total of six fragrance brands which have generated more than $500 million in revenue since 2010. When combined, her brand is the most successful celebrity fragrance of all time.
In 2018 Beyonce signed a $60 million deal with Netflix to provide the streaming service three pieces of content. The first one, a documentary called Homecoming about her 2018 Coachella performance, was released in April 2019.
In 2015 Beyonce was hired by Uber’s then CEO Travis Kalanick to do a private concert for employees. She was offered $6 million for the gig. Instead of getting paid in cash, she asked to be paid in Uber shares. That does not mean she received 6 million Uber shares. It means she received $6 million worth of Restricted Stock Units. At the time she received the shares, Uber was worth $50 billion. When Uber went public four years later, her shares would be worth around $9 million (assuming she ever sold any and was not diluted by future investment rounds).
In addition to her professional success, Beyonce is also known for her generosity. She set up the Survivors Foundation which helps victims of Hurricane Katrina in Houston, Texas. She personally contributed $250,000 to the organization. She has supported causes connected to gun control, female empowerment, childhood obesity, world hunger and much much more.
Beyonce Net Worth Milestones and Career Earnings
By the time Beyonce released her first solo album in 2000, she had earned around $10 million after taxes and fees as a member of Destiny’s Child. Between 2000 and 2007, we estimate that she earned around $30 million as a solo artist and from various other acting/endorsing endeavors. We first started tracking her wealth here on Celebrity Net Worth back in September 2009 with an initial net worth estimate of $25 million. Here is how much money she earned year by year from 2007 to the present:
- 2007 – $50 million
- 2008 – $80 million
- 2009 – $35 million
- 2010 – $70 million
- 2011 – $70 million
- 2012 – $45 million
- 2013 – $50 million
- 2014 – $115 million
- 2015 – $55 million
- 2016 – $62 million
- 2017 – $105 million
- 2018 – $60 million
- 2019 – $80 million
Total = $807 million
When you add it all up, between 2007 and 2019 alone, Beyonce earned $807 million. Since 2009 she has earned an average of $60 million per year. Beyonce and Jay-Z’s combined net worth today tops $1.5 billion. They first cracked the combined billion dollar mark in July 2014.
Beyonce and Jay-Z own an extremely valuable portfolio of real estate assets around the world. Here’s a highly reel of the homes we KNOW about –
- In 2008 they purchased a 7-bedroom mansion on the ultra-exclusive Indian Creek Island in Miami for $8 million. They sold this home in 2010 for $9.3 million.
- Beyonce owns a $2.6 million home in New Orleans.
- Jay-Z owns a $10 million apartment in NYC that he bought solo in 2004 for $6.85 million.
- In 2017 Beyonce sold her long-time NYC condo for $9.95 million. She bought the condo in 2005 for $5 million.
- In 2017 Beyonce and Jay-Z together paid $26 million for a mansion in the Hamptons called Pond House.
- In 2017, Beyonce and Jay-Z together paid $88 million for an insane 30,000 square foot mansion in Bel Air, California. Public records show that they took out a $52 million mortgage when they bought the house. Using the mortgage rates that were available at the time, B + J are likely paying north of $250,000 per month on their mortgage for the home that has a full basketball court, 2-acres of land, a 15 car garage, media room, multiple pools and bulletproof windows.
- Together they own a $4 million private island in the Bahamas.
When you total it all up, Beyonce and Jay-Z own at least $150 million worth of real estate in the United States that we can find via public record searches. It’s possible they own more real estate abroad or other properties hidden behind LLCs.
Other Fun Facts
When Jay turned 41, Beyonce gifted him a $2 million Bugatti Veyron Grand. For Father’s Day in 2012, Beyonce bought him a brand new $40 million Bombardier Challenger 850 private jet. The plane’s exterior has Shawn Carter painted on both sides.
3 Success Lessons from Beyonce
Now you know all about Beyonce’s net worth, and how she achieved success; let’s look at some of the lessons we can learn from her:
1. Don’t waste time
Life is short and precious. Now we must pose the question: What do we all do in our free time? Don’t waste time on what’s not important. Don’t get sucked into problems and drama. There’s always someone who takes a dislike at you, you can’t’ waste time worrying about it.
2. Love your body
Treat your body like a temple. Lighten up yourself, no one is perfect. Your body is your home, treat it with love and respect.
3. Keep yourself a mystery
Not everything you do have to be shared with the world. There will always be a different with oversharing and having an opinion, one is far more annoying than the other. Don’t let anyone in, and expose too much.
Beyonce is the queen of music they say. Throughout her career, she has worked among the best singers in the world, and there’s no wonder that her net worth is that incredible.
Her husband Jay Z is also on the list for being one of the richest rappers in the world.
As of 2020, Beyonce’s net worth is $500 million dollars, which makes her America’s Richest Self-Made Women according to Forbes.