Wednesday, December 11, 2019

Beyoncé how she spends her $400 million fortune, from yachting vacations to a private jet for Jay-Z.

beyonce — Beyoncé reportedly has a net worth of $400 million.

Beyoncé's net worth is estimated to be $400 million, according to Forbes, making her one of the world's highest-paid celebrities.
In a recent — and rare — interview with Elle, the superstar sat down and spoke about her extensive career and what she hopes the future brings.
"I began to search for deeper meaning when life began to teach me lessons I didn't know I needed," she told the publication. "My true win is creating art and a legacy that will live far beyond me. That's fulfilling."
In 2019, Forbes reported that she earned $81 million, ranking her as No. 51 on the list of the richest self-made women in America.
Keep reading to see how the megastar spends her time and her massive fortune, from lavish vacations to stunning real estate.

Not only does she have killer looks and a voice to match, she's one-half of a power couple, dominates the music industry, and embodies female empowerment. It also doesn't hurt that she has an estimated net worth of $400 million, according to Forbes.

And after working hard to build that wealth, she knows how to spend it.

Queen Bey, as fans love to call her, is known to indulge in multimillion-dollar mansions, luxurious vacations and yachting adventures, and beauty treatments. She's also an excellent gift-giver, having gifted husband Jay-Z a private jet and a car, and giving daughter Blue Ivy a doll worth five figures on her birthday.

Beyoncé also spreads her wealth beyond her family, donating it far and wide, including to victims of natural disasters and to education. For the January 2020 cover of Elle magazine, the superstar gave a rare interview in which she spoke about her clothing line Ivy Park, motherhood, and self-care.

"My mother instilled in me the idea that creativity starts with taking a leap of faith — telling your fears they are not allowed where you are headed," she told the publication. "We all have more power than we realize."

Below, see how one of the world's highest-paid celebrities and one of the richest self-made women spends her fortune!

Beyoncé currently has an estimated net worth of $400 million, thanks to her music, touring, and endorsements.

Source: Forbes

From 2016 to 2017, she earned $60 million, making her one of the world's highest-paid celebrities, according to Forbes.

Source: Forbes

A lot of this came from her Formation World Tour in 2016, which grossed a quarter of a billion dollars.

Source: Business Insider

She and husband Jay-Z wrapped up their On The Run II Tour in October 2018, which earned more than $250 million — their highest-grossing tour together to date.

Source: Billboard, Forbes

2018 was a busy year for Beyoncé — before setting off on tour, she headlined Coachella. MONEY estimates that she was paid $3 million for her performance.

Source: Business Insider

In 2019, Beyonce released her acclaimed Coachella performance on Netflix. The concert film is one of three projects in a deal with the streaming platform said to be worth $60 million, according to Bloomberg.

Homecoming went on to receive six nominations at the 71st Primetime Emmy Awards.

Source: Bloomberg

But Beyoncé's wealth doesn't just come from making music and performing. Along with Jay-Z, she holds "significant equity" in Tidal, her husband's music streaming service, which is reportedly worth $600 million.

Source: Forbes, Business Insider

Beyoncé has also dabbled in business ventures. In 2015, she set up on-demand vegan meal delivery service 22 Days Nutrition.

Source: Business Insider

After her Coachella performance, Beyoncé released a collection based off her live-performance with luxury brand Balmain, who designed the original Coachella costumes.

Beyonce Knowles performs onstage during 2018 Coachella Valley Music And Arts Festival Weekend 1 at the Empire Polo Field on April 14, 2018 in Indio, California.

Larry Busacca/Getty

Source: Balmain

And she's made waves in clothing and merchandise. In 2016, she launched activewear line Ivy Park with Topshop. At the time, items in the collection ranged from $15 to $265.

Source: Fortune

In April 2019, she relaunched the line in a partnership with Adidas. And on December 9, she took to Instagram to reveal that her first Ivy Park x Adidas sneaker collection will launch January 18th.

The Instagram announcement had more than 3.6 million likes within four hours of being posted.

According to Elle, Beyoncé is the first African American woman to fully own a n athleisure brand.

"I took a chance on myself when I bought my company back," she told the publication. "We all have the confidence in us to take chances and bet on ourselves."

She also launched Beyoncé Heat, a fragrance line that made $75,000 in sales in its first day. She's reportedly sold $400 million worth of the fragrance.

Source: Fortune, Fashionista

But that's not her only foray into fragrance. Beyoncé has also been the face of multiple endorsements, starring in a Giorgio Armani fragrance ad and launching Tommy Hilfiger's fragrance True Star, for which she was reportedly paid $250,000.

Source: Fortune

In 2012, she signed a $50 million deal with Pepsi, which included a new commercial during the Super Bowl. She reportedly had a significant amount of control in the partnership.

Source: Billboard

She's also signed endorsement deals with Nintendo DS, L'Oreal, and American Express.

Source: Fortune

In 2018, she covered Vogue's prestigious September cover, and turned the event into a historic one. For the shoot, Beyonce hired 23-year-old Tyler Mitchell, making him the first black photographer to ever shoot a Vogue cover. A portrait from the issue is on display at the Smithsonian's National Portrait Gallery.

Beyonce rarely gives interviews.

So it's not surprising that, according to Huff Po, she was given unprecedented creative control over this Vogue issue, opting to write an essay as her own cover story. She also had full control over the cover, the photos and its captions.

"When I first started, 21 years ago, I was told that it was hard for me to get onto covers of magazines because black people did not sell," she wrote in the piece. "Clearly that has been proven a myth. "

Source: Huff Po, CBS News

A woman of many talents, Beyoncé has also appeared onscreen. She reportedly earned $12.5 million for her role in "Dreamgirls," not counting the reported million she was expected to make for the soundtrack.

Source: Fortune

In 2019, the superstar voiced Nala in Disney's remake of "The Lion King" and curated a soundtrack to go along with the film. According to Harper's Bazaar, Beyoncé was paid $25 million for her role in the film, which went on to make $1.6 billion.

Source: Harper's Bazaar

For the film, Beyoncé also curated a special soundtrack, "The Lion King: The Gift," which featured African artists from around the world. The single from the album "Spirit" has since earned a Grammy nomination and a Golden Globe nomination.

After the film crossed the billion-dollar mark, Daily Mail reported that Beyoncé was in talk with Disney to produce more projects.

With so many varied income sources, Beyoncé is America's 51st-richest self-made woman, according to Forbes. In 2019, the publication reported that Beyoncé earned $81 million.

Source: Forbes, Forbes

Like many millionaires, Beyoncé invests in real estate. She and Jay-Z spend a lot of time in the Hamptons. They used to rent an estate there for $400,000 a month before swapping it for a waterfront house rental that cost $500,000 a month.

Source: Street Easy

In 2017, they finally purchased a vacation home there for nearly $26 million. It's next to the exclusive Georgica Pond and comes with neighbors Martha Stewart, Steven Spielberg, and Russell Simmons.

Source: Street Easy, Women's Wear Daily

The same year, they paid $88 million for a new mansion in Bel-Air, with a $52 million mortgage. It was reportedly the most expensive sale of 2017 in Los Angeles County.

Source: Business Insider, Street Easy

Beyoncé also owns a converted church in New Orleans, which she and Jay-Z reportedly bought for $2.6 million.

Source: Business Insider

And when she was pregnant with twins Rumi and Suri, she rented a villa in Malibu for $500,000 a month from which to enjoy her maternity leave. It recently sold for roughly $50 million.

Source: Street Easy, Wall Street Journal

In other real estate moves, Beyoncé had reportedly bought a $5.9 million Houston property for her mother as well as Cher's former home in Malibu for roughly $40 million. She recently sold her New York City condo for nearly $10 million.

beyonce mom house — Beyoncé's mom's house.

Source: Fortune, Street Easy

But Beyoncé doesn't spend all her time at her pads. She and Jay-Z often vacation in the Dominican Republic, where they've stayed at a $19.5 million, 35,000 square-foot estate.

Source: Business Insider

They also frequently visit Paris, where they stay in a penthouse at Hotel Le Meurice for $20,000 a night.

Source: Hello! Magazine

That's not to mention their vacations to Italy, Ibiza, and Brazil.

Source: Yahoo

But her most lavish vacation was arguably on board superyacht Galactica Star, worth $73 million. It costs roughly $900,000 a week to charter — and you have to know the owner.

Source: Business Insider

In 2017, she and Jay-Z kept it a little more low-key, celebrating their anniversary in the Grand Canyon.

Source: Harper's Bazaar

We don't know what Beyoncé gifted Jay-Z for their anniversary, but we do know she's generous. She gave him a $2 million Buggati Veyron for his 41st birthday, a $40 million Bombardier Challenger 850 private jet, and a $500,000 sapphire ring after Blue Ivy's birth.

Source: Business Insider

In June 2018, Beyoncé and Jay-Z renewed their vows. She wore a Galia Lahav couture gown, Independent reported.

"He went to Jared, I went to Chaumet out in Paris," Jay-Z rapped in their song "LOVEHAPPY" from their album "EVERYTHING IS LOVE."

Chaumet is a luxury French jewelry brand, owned by LVMH.

Source: Independent

Beyoncé gets around in stylish wheels, too: a custom $1 million Mercedes van with its own washroom and $150,000 sound system.

Source: Hello! Magazine

And she's always looking good behind the wheel. She wears $60 mink eyelashes and throws them out after every use. If she wears them daily, that's $21,000 a year. She also reportedly spends $1,000 on manicures.

Source: Hello! Magazine

Beyoncé is also a client of Jacob the Jeweler, who sells watches and jewelry to the elite. Pieces can cost anywhere from $200,000 to $1 million.

Source: Business Insider

Beyoncé looks and dresses her best not just on the red carpet, but for her dates with Jay-Z. They're often spotted courtside at NBA games, which can cost anywhere from four to six figures depending on the game.

Source: Market Watch

Beyoncé also knows how to wine and dine. She and Jay-Z reportedly spent almost $100,000 on drinks for VIP guests at an Atlanta nightclub.

Source: Mirror

And they've dined at the finest restaurants, such as Le Cirque in New York.

Source: Business Insider

But Beyoncé doesn't just indulge for herself and Jay-Z — she also splurges on her children. She reportedly gave birth to Blue Ivy in the exclusive birthing suite at Lenox Hill, which costs $1,700 a night. It was decked out with four big-screen televisions and room service.

Source: Hello! Magazine, Business Insider

And for Blue Ivy's first birthday, Beyoncé gifted her an $80,000 diamond-encrusted Barbie doll at the $104,460 birthday party she threw for her.

Source: The Daily Mail

She also dresses Blue Ivy in designer duds, like a $2,100 Gucci dress and a butterfly and Swarovski crystal metallic Mischka Aoki dress that ranges from $8,405 to $10,637.

Source: Yahoo

And before twins Rumi and Sir were born, she and Jay-Z spent more than $75,000 on matching gold cribs.

Source: OK! Magazine

Beyoncé also spreads the wealth around outside of her family. She recently announced she's donating $100,000 to four historically black colleges and universities.

According to Rolling Stone, Beyoncé created the Formation Scholar Awards, before renaming it Homecoming Scholars Award program after her 2018 Coachella performance. For the 2018-2019 school year, one student from 9 HBCU's will receive a $25,000 grant.

The scholarship program partnered with Google.org in 2018, which will provide four additional scholarships, matching the original $100,000 grant Beyoncé gave.

Source: Yahoo

Beyoncé's also donated a lot of time and money toward natural disaster relief. A native Houstonian, she served meals and made a monetary donation in the aftermath of Hurricane Harvey.

Source: MONEY

After Hurricane Katrina, she founded Knowles-Temenos Place Apartments for those displaced from the storm. She reportedly had given at least $7 million to keep it running.

Source: Essence

She also visited Haiti in 2017 while it was still recovering from the earthquake that devastated the country years before.

Source: Essence

Her own charitable organization, beyGOOD, does everything from funding scholarships and working with UNICEF to fighting for gender equality and raising money for natural disasters.

Source: Yahoo, Essence

One Christmas, she and Jay-Z went to Walmart and bought everyone in the store a $50 gift card for a total of $27,000.

Source: Hello Magazine

And when filming for her role in the 2008 movie "Cadillac Records," Beyoncé donated her $4 million salary to the Phoenix House, a rehabilitation center. She also opened an affiliate cosmetology school, which provides Phoenix House residents with a seven-month training program.

Source: Essence

So far, she's worked with and supported 31 charities, including Look to the Stars, MusiCares, Stand up to Cancer, and more. No wonder fans call her Queen Bey.

"I began to search for deeper meaning when life began to teach me lessons I didn't know I needed," she said in her recent rare interview with Elle. "Being 'number one' was no longer my priority. My true win is creating art and a legacy that will live far beyond me. That's fulfilling."

nostos-music.blogspot

Wednesday, December 11, 2019

Beyoncé how she spends her $400 million fortune, from yachting vacations to a private jet for Jay-Z.

Beyoncé currently has an estimated net worth of $400 million, thanks to her music, touring, and endorsements.

From 2016 to 2017, she earned $60 million, making her one of the world's highest-paid celebrities, according to Forbes.

A lot of this came from her Formation World Tour in 2016, which grossed a quarter of a billion dollars.

She and husband Jay-Z wrapped up their On The Run II Tour in October 2018, which earned more than $250 million — their highest-grossing tour together to date.

2018 was a busy year for Beyoncé — before setting off on tour, she headlined Coachella. MONEY estimates that she was paid $3 million for her performance.

In 2019, Beyonce released her acclaimed Coachella performance on Netflix. The concert film is one of three projects in a deal with the streaming platform said to be worth $60 million, according to Bloomberg.

But Beyoncé's wealth doesn't just come from making music and performing. Along with Jay-Z, she holds "significant equity" in Tidal, her husband's music streaming service, which is reportedly worth $600 million.

Beyoncé has also dabbled in business ventures. In 2015, she set up on-demand vegan meal delivery service 22 Days Nutrition.

After her Coachella performance, Beyoncé released a collection based off her live-performance with luxury brand Balmain, who designed the original Coachella costumes.

And she's made waves in clothing and merchandise. In 2016, she launched activewear line Ivy Park with Topshop. At the time, items in the collection ranged from $15 to $265.

In April 2019, she relaunched the line in a partnership with Adidas. And on December 9, she took to Instagram to reveal that her first Ivy Park x Adidas sneaker collection will launch January 18th.

She also launched Beyoncé Heat, a fragrance line that made $75,000 in sales in its first day. She's reportedly sold $400 million worth of the fragrance.

But that's not her only foray into fragrance. Beyoncé has also been the face of multiple endorsements, starring in a Giorgio Armani fragrance ad and launching Tommy Hilfiger's fragrance True Star, for which she was reportedly paid $250,000.

In 2012, she signed a $50 million deal with Pepsi, which included a new commercial during the Super Bowl. She reportedly had a significant amount of control in the partnership.

She's also signed endorsement deals with Nintendo DS, L'Oreal, and American Express.

A woman of many talents, Beyoncé has also appeared onscreen. She reportedly earned $12.5 million for her role in "Dreamgirls," not counting the reported million she was expected to make for the soundtrack.

In 2019, the superstar voiced Nala in Disney's remake of "The Lion King" and curated a soundtrack to go along with the film. According to Harper's Bazaar, Beyoncé was paid $25 million for her role in the film, which went on to make $1.6 billion.

For the film, Beyoncé also curated a special soundtrack, "The Lion King: The Gift," which featured African artists from around the world. The single from the album "Spirit" has since earned a Grammy nomination and a Golden Globe nomination.

With so many varied income sources, Beyoncé is America's 51st-richest self-made woman, according to Forbes. In 2019, the publication reported that Beyoncé earned $81 million.

Like many millionaires, Beyoncé invests in real estate. She and Jay-Z spend a lot of time in the Hamptons. They used to rent an estate there for $400,000 a month before swapping it for a waterfront house rental that cost $500,000 a month.

In 2017, they finally purchased a vacation home there for nearly $26 million. It's next to the exclusive Georgica Pond and comes with neighbors Martha Stewart, Steven Spielberg, and Russell Simmons.

The same year, they paid $88 million for a new mansion in Bel-Air, with a $52 million mortgage. It was reportedly the most expensive sale of 2017 in Los Angeles County.

Beyoncé also owns a converted church in New Orleans, which she and Jay-Z reportedly bought for $2.6 million.

And when she was pregnant with twins Rumi and Suri, she rented a villa in Malibu for $500,000 a month from which to enjoy her maternity leave. It recently sold for roughly $50 million.

In other real estate moves, Beyoncé had reportedly bought a $5.9 million Houston property for her mother as well as Cher's former home in Malibu for roughly $40 million. She recently sold her New York City condo for nearly $10 million.

But Beyoncé doesn't spend all her time at her pads. She and Jay-Z often vacation in the Dominican Republic, where they've stayed at a $19.5 million, 35,000 square-foot estate.

They also frequently visit Paris, where they stay in a penthouse at Hotel Le Meurice for $20,000 a night.

That's not to mention their vacations to Italy, Ibiza, and Brazil.

But her most lavish vacation was arguably on board superyacht Galactica Star, worth $73 million. It costs roughly $900,000 a week to charter — and you have to know the owner.

In 2017, she and Jay-Z kept it a little more low-key, celebrating their anniversary in the Grand Canyon.

We don't know what Beyoncé gifted Jay-Z for their anniversary, but we do know she's generous. She gave him a $2 million Buggati Veyron for his 41st birthday, a $40 million Bombardier Challenger 850 private jet, and a $500,000 sapphire ring after Blue Ivy's birth.

In June 2018, Beyoncé and Jay-Z renewed their vows. She wore a Galia Lahav couture gown, Independent reported.

Beyoncé gets around in stylish wheels, too: a custom $1 million Mercedes van with its own washroom and $150,000 sound system.

And she's always looking good behind the wheel. She wears $60 mink eyelashes and throws them out after every use. If she wears them daily, that's $21,000 a year. She also reportedly spends $1,000 on manicures.

Beyoncé is also a client of Jacob the Jeweler, who sells watches and jewelry to the elite. Pieces can cost anywhere from $200,000 to $1 million.

Beyoncé looks and dresses her best not just on the red carpet, but for her dates with Jay-Z. They're often spotted courtside at NBA games, which can cost anywhere from four to six figures depending on the game.

Beyoncé also knows how to wine and dine. She and Jay-Z reportedly spent almost $100,000 on drinks for VIP guests at an Atlanta nightclub.

And they've dined at the finest restaurants, such as Le Cirque in New York.

When she's not dining out, Beyoncé still splurges on food-related costs at home. She reportedly spends $7,500 a month for a live-in chef and $4,000 a month for a dietitian.

But Beyoncé doesn't just indulge for herself and Jay-Z — she also splurges on her children. She reportedly gave birth to Blue Ivy in the exclusive birthing suite at Lenox Hill, which costs $1,700 a night. It was decked out with four big-screen televisions and room service.

And for Blue Ivy's first birthday, Beyoncé gifted her an $80,000 diamond-encrusted Barbie doll at the $104,460 birthday party she threw for her.

She also dresses Blue Ivy in designer duds, like a $2,100 Gucci dress and a butterfly and Swarovski crystal metallic Mischka Aoki dress that ranges from $8,405 to $10,637.

And before twins Rumi and Sir were born, she and Jay-Z spent more than $75,000 on matching gold cribs.

Beyoncé also spreads the wealth around outside of her family. She recently announced she's donating $100,000 to four historically black colleges and universities.

Beyoncé's also donated a lot of time and money toward natural disaster relief. A native Houstonian, she served meals and made a monetary donation in the aftermath of Hurricane Harvey.

After Hurricane Katrina, she founded Knowles-Temenos Place Apartments for those displaced from the storm. She reportedly had given at least $7 million to keep it running.

She also visited Haiti in 2017 while it was still recovering from the earthquake that devastated the country years before.

Her own charitable organization, beyGOOD, does everything from funding scholarships and working with UNICEF to fighting for gender equality and raising money for natural disasters.

One Christmas, she and Jay-Z went to Walmart and bought everyone in the store a $50 gift card for a total of $27,000.

And when filming for her role in the 2008 movie "Cadillac Records," Beyoncé donated her $4 million salary to the Phoenix House, a rehabilitation center. She also opened an affiliate cosmetology school, which provides Phoenix House residents with a seven-month training program.

So far, she's worked with and supported 31 charities, including Look to the Stars, MusiCares, Stand up to Cancer, and more. No wonder fans call her Queen Bey.

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