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Forbes Says Beyoncé Joins Billionaire Ranks After Record Touring Year

Forbes credits Parkwood’s owner-led model, concentrating profits from her catalog, touring, plus select media and brand deals.

Overview

  • Beyoncé becomes the fifth musician on Forbes’ billionaire list, joining Jay‑Z, Taylor Swift, Rihanna and Bruce Springsteen.
  • Forbes estimates $148 million in pre‑tax income for 2025, driven chiefly by music ownership and touring.
  • The Cowboy Carter tour grossed roughly $400 million in ticket sales and about $50 million in merchandise, using a mini‑residency setup with more than 350 crew, 100 trucks and eight 747 cargo flights.
  • Her 2023 Renaissance World Tour generated nearly $600 million, underscoring touring as the core profit engine.
  • Other income cited includes about $60 million from Netflix’s Homecoming, roughly $50 million tied to the NFL Christmas halftime show and approximately $10 million from Levi’s campaigns, with figures based on Forbes and Pollstar estimates.