Watch out Elon and Larry, There’s a new celebrity billionaire in town.
Beyoncé is now worth 10 figures, according to Forbes, which has long tracked the status of the ultra-high net worth. The business publication said Monday that Beyoncé now has three commas to her name, thanks to the success of Cowboy Carter and The Renaissance World Tour.
And while some celebrities have grown their net worth through savvy investments, consumer products and startups (looking at you Ryan Reynolds, Ashton Kutcher and Kim Kardashian), Beyoncé’s value is tightly connected to her music, which she almost completely controls.
In that regard the musician joins an elite few musicians and entertainers to crack the billion dollar club, including her husband, Jay-Z, as well as Taylor Swift (who like Beyoncé controls almost every aspect of her music), Bruce Springsteen and Rihanna (thanks to Fenty).
The rest of the celebrity billionaire class is similarly small, with Forbes citing Jerry Seinfeld, Arnold Schwarzenegger, Dick Wolf, Steven Spielberg, Tyler Perry, LeBron James, Tiger Woods, Oprah Winfrey, Peter Jackson, Magic Johnson and George Lucas among those who cracked the 10 digit club.
But while the celebrity billionaire class is doing well, almost all pf them have just barely cracked the billion dollar mark, with Spielberg leading the way at more than $5 billion. Contrast that to tech titans like Elon Musk, Larry Ellison, Jensen Huang and Jef Bezos, and it seems like chump change.
Musk’s net with has grown by $333 billion this year alone, with Google co-founder Larry Page’s net worth growing by nearly $100 billion, and Huang’s by $42 billion. Larry Ellison, who is helping his son David Ellison in his pursuit of Warner Bros. Discovery, has seen his net worth rise by $40 billion this year, and that is after Oracle stock took a dip earlier this month.
In other words, there’s still plenty of room for Beyoncé to go from here.
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‘ Some details of this article were extracted from the following source www.hollywoodreporter.com ’
