Beyonce Nearing Billionaire Mark Amid "Renaissance" Success

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Beyonce "The Mrs. Carter Show World Tour" - Los Angeles
LOS ANGELES, CA - DECEMBER 03: Entertainer Beyonce performs on stage during "The Mrs. Carter Show World Tour" at the Staples Center on December 3, 2013 in Los Angeles, California. (Photo by Larry Busacca/PW/WireImage for Parkwood Entertainment)

After her hugely successful year, Beyonce is nearing a net worth of $1 billion.

Beyonce's net worth has rocketed up from $300 million to $800 million, this year, following her massively successful Renaissance World Tour as well as its accompanying concert film. According to Forbes, she ranked as the 48th richest self-made woman in the world back in June, when her net worth was only listed at $540 million. Had she been at her current figure then, she would've come in at No. 30.

The Renaissance World Tour brought in $100 million after taxes alone, while her music catalog is now worth approximately $300 million. Additionally, she and JAY-Z both own a real estate portfolio that is estimated to be worth $320 million. The couple also have various other personal assets as well as business holdings in the Parkwood Entertainment company.

Read More: Beyonce's Tour Film Leads The Box Office With Biggest Early December Opening In 20 Years

Beyonce Performs On The "Renaissance" Tour

STOCKHOLM, SWEDEN - MAY 10: (Editorial Use Only) (Exclusive Coverage) Beyoncé performs onstage during the opening night of the “RENAISSANCE WORLD TOUR” at Friends Arena on May 10, 2023 in Stockholm, Sweden. (Photo by Kevin Mazur/Getty Images for Parkwood)

Her exact takeaway after taxes from Renaissance: A Film By Beyoncé is unclear, but the movie brought in $27 million worldwide at the box office in its opening week. Afterward, Beyonce thanked her fans for their support in a candid post on Instagram. "I am so deeply thankful to AMC and every team member who worked so hard on this film," Beyonce began. "I just can’t thank all of you enough for your support. It was one of the hardest things I’ve ever done because of the short turn around time. I practically slept in the edit, color, and mix sessions. The race against time continued in order to get this film out so quickly. But it was so worth all the grind. I am overwhelmed by the outpouring of love from my Hive. And WOW! I am so touched and encouraged by the incredible reviews!!!"

She continued: "While I’m often critical and feel my art is never finished, the pendulum swings. I feel gratitude. 'We did it.' We have the #1 movie in the country! And a [100 emoji] on Rotten Tomatoes. And it’s because of you and your support! I humbly thank you." Be on the lookout for further updates on Beyonce on HotNewHipHop.

Read More: "RENAISSANCE" Film "Rotten Tomatoes" Score Has Tina Knowles Rejoicing


About The Author
Cole Blake is currently an Editor at HotNewHipHop based out of Brooklyn, New York. He began working at the site as an intern back in 2018 while studying journalism at St. John’s University. In the time since, he’s graduated with a bachelor's degree and written extensively about a wide range of topics including pop culture, film & television, politics, video games, sports, and much more. He’s also covered music festivals such as Gov. Ball and Rolling Loud. You can find him publishing work for HNHH from Monday to Wednesday or on weekends. On the sports front, Cole’s a passionate NBA and NFL fan with his favorite teams being the Indianapolis Colts and Los Angeles Lakers. He also roots for the Yankees whenever he finds himself at Yankee Stadium or the Red Storm when in the company of other SJU alumni. His favorite hip-hop artists are billy woods, Earl Sweatshirt, Cam’ron, MIKE, and Mach-Hommy.