Beyoncé Knowles Net Worth: $450 million
Former lead singer of the phenomenal all-girl group Destiny’s Child, Beyoncé is currently a solo artist and actress with an estimated net worth of over $450 million. She is the daughter of a hairdresser and a Xerox manager. When she was seven years old, she entered a contest and beat all the other contestants. She enrolled in an elementary school where she joined the choir then continued in High School for Performing and Visual Arts. In 1995, her father quit his job to manage her and her group, Girl’s Tyme. However, the girls struggled to get a recording for years until they changed their name to Destiny’s Child. In 1997, they released their first album.
How did Beyoncé Knowles make her money?
Destiny’s Child has released 7 albums that went on to sell more than 50 million records globally. After having extremely successful solo albums while in the group, the girls decided to split up for good and go on with their separate careers. Beyoncé is the most successful of the trio. Aside from Beyonce’s consistently chart-topping albums, she is also an actress, having starred in movies such as Austin Powers, Dream Girls, Obsessed, and Cadillac Records. Her solo career has also expanded through endorsement deals with Pepsi, L’Oreal, Samsung, and Ford, to name a few. After launching a few highly successful perfumes in the past, Beyoncé recently signed a $20 million contract to partner with Coty in creating a fragrance. She also has her own fashion line called House of Dereon which she launched with her mother Tina Knowles.
Beyoncé is also known for marrying hip hop mogul, producer, and multi-millionaire businessman Shawn “Jay Z” Carter. They have a child named Blue Ivy. Now, she is part of Forbes’ list of Richest Self-Made Women in America, coming in at No. 49 and being one of the only two artists on the list, next to Madonna.