How Beyoncé uses billionaire fortune to give back
USA TODAY
Beyoncé is among the few musicians and artists to reach billionaire status, and the superstar uses her fortune to power her philanthropic efforts.
Beyoncé is among the few musicians and artists to reach billionaire status, building a fortune largely through her music career while also continuing to invest in philanthropic efforts.
The Grammy-winning singer recently joined the billionaires club following the success of her 2023 Renaissance World Tour, which grossed nearly $600 million, and her record-breaking "Cowboy Carter" era, according to Forbes.
She became one of only a handful of musicians to reach the billionaire benchmark. Only four other recording artists have reached this milestone, including Beyoncé's husband Jay-Z, Taylor Swift, Rihanna and Bruce Springsteen.
Forbes confirmed the singer's self-made fortune is mainly from her music.
"The majority of pop star Beyoncé Knowles' net worth comes from her roughly three decades as a solo performer and a member of the girl-group Destiny's Child," Forbes reported, noting that she "amassed an estimated $1 billion fortune from years of music sales, touring and collecting art with her already-billionaire husband Jay-Z."
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