Here is your Forbes Daily Briefing for Friday, August 23rd.

Today on Forbes, Beyonce launches whiskey brand Sir Davis

as she nears billionaire status.

Musician Beyonce Knowles is continuing her foray into the country music world with the launch of a whiskey brand called Sir Davis under the LVMH Empire,

entering the same industry that made her husband,

Jay-Z, a billionaire,

and could push the superstar musician

closer to the same title, depending on how it performs.

Beyonce took to Instagram earlier this week

to announce the launch of the brand,

holding a glass of dark liquid

and captioning the photo, quote,

Davis in my bones.

The first images released of the beverage show a custom leather case with a ribbed glass bottle inside

featuring a logo with a famous horse Renee,

who was first featured on the cover of Beyonce's Renaissance album.

A trademark application filing for the brand,

which includes the tagline,

quote, the future of whiskey is here was filed in June by

Moette Hennessy a subsidiary of mega luxury goods brand LVMH.

Beyon had an estimated net worth of $760 million in May,

built on her music career and other ventures

...