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Beyoncé Giselle Knowles-Carter is an American musician, songwriter, and entertainer who has a net worth of $420 million. She rose to fame as the lead singer of Destiny's Child, one of the best-selling girl groups of all time, in the late 1990s. Rapper and entrepreneur Jay-Z is her husband, and they have three children together.
Beyoncé has been in the entertainment industry since she was eight years old. She was raised Catholic and enrolled in dance classes at St. Mary's Montessori School in Houston. Darlette Johnson, a dance teacher, discovered her singing talent when she started humming a song and finished it, able to reach the high-pitched notes. After winning a school talent show at the age of seven, singing John Lennon's "Imagine" to beat 15/16-year-olds, Beyoncé's interest in music and performing intensified. Beyoncé enrolled in Parker Elementary School, a music magnet school in Houston, in the fall of 1990, where she would sing in the school's choir. She also went to Alief Elsik High School and the High School for the Performing and Visual Arts. For two years, Beyoncé sang in the choir at St. John's United Methodist Church as a soloist.
When Beyoncé and her childhood friend Kelly Rowland were eight years old, they met LaTavia Roberson at an audition for an all-girl entertainment group. They formed a group named Girl's Tyme with three other girls and appeared on the Houston talent show circuit, rapping and dancing. The Knowles family reunited in 1996, and the girls started recording their debut album under a Sony Music deal. Shortly after, the group was signed to Columbia Records.
Beyoncé's albums with Destiny's Child have sold over 60 million copies worldwide, and her solo projects have been equally successful. Since its release in 2002, the singer's debut solo album "Dangerously In Love" has sold 11 million copies worldwide, spawning hits such as "Crazy In Love" (featuring Jay-Z), "Baby Boy" (featuring Sean Paul), "Me, Myself, and I," "Naughty Girl," and "The Closer I Get to You" (with Luther Vandross).
Beyoncé attracted international attention in 2013 when she released her self-titled visual album, which included songs such as "***Flawless," "XO," "Drunk In Love" (featuring Jay-Z), "Partition," and "Pretty Hurts." Within the first week of the album's release, she smashed iTunes records. The dancer and songstress followed up to her self-titled album, 2016’s Lemonade, which was the highest-selling album of that year with 2.5 million copies sold. She partnered with Disney on The Lion King: The Gift in 2019 and the accompanying visual album "Black Is King" in 2020; no final sales or streaming figures have been released. "Everything Is Love", Beyoncé and Jay-Z's collaborative album with The Carters, was certified Gold. Beyoncé's earnings from album sales were projected to be around $13 million in 2019.
Beyoncé has performed as a solo artist eight times, grossing millions of dollars each time. From April to October 2016, the Creation World Tour grossed $256 million. Despite having the fewest shows, it was one of the most profitable tours of the year. From June to September 2014, her On the Run tour with Jay-Z grossed $109.7 million, and their On the Run II tour in 2018 grossed over $253 million. Beyoncé officially made $8 million as the first Black woman to headline the Coachella Music Festival. To date, she has grossed over $3 billion at the global box office. Beyoncé released her epic Homecoming concert film on Netflix in April 2019. Bey's contract with the streaming giant was confirmed to be for three projects and $60 million, according to Variety. Beyonce revealed a new collaboration with Adidas to relaunch her activewear line Ivy Park and it sells out every time in record time.
Sources: Parade, Variety, Insider, Forbes YAHOO
This article was updated on March 29th, 2021 by Vanessa Shumbanhete
Earnings & Financial Data
Date | Category | Description | Amount |
|---|---|---|---|
2020 | Earnings | Annual earnings | $81,000,000 |
2019 | Contract | Voice of Nala in the Lion King | $25,000,000 |
2019 | Contract | Netflix and Home Coming Concert | $60,000,000 |
2018 | Project Earnings | On The Run Tour II | $253,000,000 |
2017 | Earnings | Lemonade album sells and Formation Tour | $105,000,000 |
2017 | Event | Coachella performance | $8,000,000 |
2015 | Ticket Sales | Estimated earnings from The Formation World Tour | $256,000,000 |
2015 | Record Sales | Estimated earnings from her album Lemonade (certifiled platinum by RIAA, ARIA, Music Canada and BPI, and gold by RMNZ) | $2,500,000 |
2013 | Record Sales | Estimated earnings from her extended play More Only | $43,000 |
2013 | Record Sales | Estimated earnings from her extended play More Only | $43,000 |
2013 | Record Sales | Estimated earnings from her On the Run Tour with Jay-Z | $110,000,000 |
2012 | Record Sales | Estimated earnings from her live album Live in Atlantic City (certifiled platinum by BPI, and gold by ARIA and SNEP) | $75,000 |
2012 | Record Sales | Estimated earnings from her album Beyoncé (certifiled 2x platinum by RIAA, platinum by ARIA, Music Canada, BPI and RMNZ, and gold by IFPI-SWI, IRMA and SNEP) | $5,000,000 |
2012 | Record Sales | Estimated earnings from the compilation album Love Songs with the American R&B group Destiny's Child | $6,000 |
2012 | Ticket Sales | Estimated earnings from The Mrs. Carter Show World Tour | $220,000,000 |
2012 | Asset | Beyonce owns a Mercedes-Benz SLR McLaren which has a market value of $507.5 thousand | $507,500 |
2011 | Contract | Endorsement deal with Pepsi (Spread over multiple years) | $50,000,000 |
2010 | Others | Amount made by sales of the six editions of Heat, a celebrity fragrance line (until 2013) | $400,000,000 |
2010 | Record Sales | Estimated earnings from her album 4 (certifiled 2x platinum by BPI, platinum by RIAA, ARIA and IRMA, and gold by Music Canada, RMNZ and SNEP) | $2,700,000 |
2010 | Record Sales | Estimated earnings from her live album Live at Roseland: Elements of 4 (certifiled platinum by RIAA and ARIA, and gold by SNEP and ZPAV) | $147,500 |
2009 | Contract | Value of their two story waterfront mansion in the Indian Creek village in Florida upon sale | $9,300,000 |
2009 | Record Sales | Estimated earnings from her live album I Am... World Tour (certifiled 2x platinum by RIAA, platinum by ARIA, and gold by BPI and ZPAV) | $245,000 |
2008 | Record Sales | Estimated earnings from her live album The Beyoncé Experience Live (certifiled 3x platinum by RIAA, and 2x platinum by ARIA and ABDP) | $854,000 |
2008 | Record Sales | Estimated earnings from her live album I Am... Yours: An Intimate Performance at Wynn Las Vegas (certifiled 2x platinum by RIAA and platinum by ARIA) | $215,000 |
2008 | Record Sales | Estimated earnings from her compilation album Above and Beyoncé: Video Collection & Dance Mixes | $14,000 |
2008 | Project Earnings | I Am... Tour Gross Revenue | $119,500,000 |
2008 | Record Sales | Estimated earnings from I Am... World Tour with the American R&B group Destiny's Child | $120,000,000 |
2007 | Record Sales | Estimated earnings from her album I Am... Sasha Fierce (certifiled 5x platinum by BPI, 3x platinum by ARIA and Music Canada, 2x platinum by RIAA, IRMA and RMNZ, platinum by BVMI, and gold by IFPI-SWI) | $8,000,000 |
2006 | Ticket Sales | Estimated earnings from The Beyoncé Experience with the American R&B group Destiny's Child | $90,000,000 |
2006 | Record Sales | Estimated earnings from her extended play Irreemplazable | $57,000 |
2006 | Project Earnings | The Beyonce Experience Tour Gross Earning | $90,000,000 |
2005 | Record Sales | Estimated earnings from her album B'Day (certifiled 3x platinum by RIAAand IRMA, platinum by ARIA, Music Canada, BPI and RMNZ, and gold by BVMI, FIPI-SWI and SNEP) | $8,000,000 |
2005 | Record Sales | Estimated earnings from her soundtrack album Dreamgirls (certifiled platinum by RIAA, and gold by BPI and RIAJ) | $1,700,000 |
2004 | Record Sales | Estimated earnings from the compilation album #1's with the American R&B group Destiny's Child (certified 2x platinum by IRMA and RMNZ, and platinum by RIAA, ARIA, Music Canada and BPI) | $2,020,000 |
2003 | Record Sales | Estimated earnings from her live album Live at Wembley (certifiled 2x platinum by RIAAand ARIA, platinum by SNEP, and gold by BPI and RIAJ) | $370,000 |
2003 | Record Sales | Estimated earnings from the album Survivor with the American R&B group Destiny's Child (certified 3x platinum by RIAA, platinum by ARIA, Music Canada, BPI and BVMI, and gold by IFPI-SWI and RMNZ) | $3,800,000 |
2003 | Ticket Sales | Estimated earnings from The Verizon Ladies First Tour with the American R&B group Destiny's Child | $22,000,000 |
2002 | Record Sales | Estimated earnings from her album Dangerously in Love (certified 4x platinum by RIAAand BPI, 3x platinum by ARIA, platinum by Music Canada, BVMI, IFPI-SWI and RMNZ, and 2x gold by SNEP) | $11,000,000 |
2002 | Salary | The Fighting Temptations salary | $1,500,000 |
2002 | Record Sales | Estimated earnings from the Dangerously in Love Tour with the American R&B group Destiny's Child | $264,000 |
2001 | Record Sales | Estimated earnings from the remix album This Is the Remix with the American R&B group Destiny's Child (certified gold by RMNZ and silver by BPI) | $67,500,000 |
2001 | Sponsorship | PepsiCo, DirecTV, L'Oréal, Giorgio Armani, Nintendo Co., American Express, Crystal Geyser,General Mills, Tommy Hilfiger Corporation, Vizio, and Samantha Thavasa handbags (until 2013) | $10,000,000 |
2001 | Salary | Austin Power: Goldmember salary | $3,000,000 |
2000 | Record Sales | Estimated earnings from the album Survivor with the American R&B group Destiny's Child (certified 4x platinum by RIAA and Music Canada, 3x platinum by BPI, 2x platinum by ARIA and RMNZ, platinum by BVMI and 2x gold by SNEP) | $12,000,000 |
2000 | Record Sales | Estimated earnings from the Christmas album 8 Days of Christmas with the American R&B group Destiny's Child (certified gold by RIAA) | $500,000 |
1998 | Record Sales | Estimated earnings from the album The Writing's on the Wall with the American R&B group Destiny's Child (certified 8x platinum by RIAA, 5x platinum by Music Canada, 3x platinum by ARIA, BPI and RMNZ, 2x gold by SNEP, and gold by BVMI and IFPI-SWI) | $12,500,000 |
1997 | Record Sales | Estimated earnings from the album Destiny's Child with the American R&B group Destiny's Child (certified 2x platinum by Music Canada, platinum by RIAA, and gold by BPI) | $1,300,000 |