Here is your Forbes Daily Briefing for Monday, January 5th. Today on Forbes, Beyonce is now a billionaire.

For almost any other musical artist, the Renaissance World Tour would be a career peak. The three-hour

career-spanning journey through Beyonce's discography was one of the concert sensations of 2023,

grossing nearly $600 million and cementing her place, alongside Taylor Swift, as one of the biggest

pop culture icons in the world. But the 44-year-old pop supernova reinvented herself again in

2024, releasing a country album, Cowboy Carter, that would generate

new commercial opportunities, a Christmas NFL halftime performance, and the world's highest

grossing concert tour of 2025, ultimately earning Queen Bay another title of distinction,

billionaire.

She now joins an elite group of celebrities who have recently

crossed the three-commoner threshold. Of the 22 billionaire entertainers Forbes has identified,

nearly half were added in the last three years. And Beyonce becomes just the fifth musician,

joining her husband, Jay-Z, as well as Swift, Bruce Springsteen, and Rihanna.

Beyonce began building her business empire in earnest in 2010, when she founded Parkwood Entertainment

and brought control of nearly every aspect of her career in-house. The company manages her

career and produces all of her music, documentaries and concerts,

fronting most of the production costs in order to capture more of the back-end economics.

During a 2013 interview promoting her self-titled album, Beyonce, she said, quote,

When I decided to manage myself, it was important that I didn't go to some big management

company. I felt like I wanted to follow the footsteps of Madonna and be a powerhouse and have my

own empire and show other women when you get to this point in your career, you don't have to go

sign with someone else and share your money and your success. You do it yourself.

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