Beyoncé declared the fifth billionaire musician by Forbes

Forbes has officially designated global music icon Beyoncé as a billionaire, positioning her as the fifth musical artist to reach this elite financial threshold. The publication’s Monday report confirms her membership in an exclusive club that includes Taylor Swift, Bruce Springsteen, Rihanna, and her husband Jay-Z.

This financial milestone arrives following an extraordinary period in the entertainer’s groundbreaking career. Her country album “Cowboy Carter,” released in 2024, earned the industry’s highest honor at the 2025 Grammy Awards where she secured Album of the Year. This achievement simultaneously established her as the first Black woman to receive the Best Country Album award.

With an unprecedented 35 Grammy victories from 99 nominations, Beyoncé stands as the most decorated artist in the award ceremony’s history. This tally includes accolades received during her tenure with Destiny’s Child, the chart-dominating female ensemble that propelled her initial rise to fame.

The commercial success of her “Cowboy Carter Tour” proved monumental, generating over $400 million in revenue according to Live Nation data reported by Reuters. This figure represents the highest-grossing country music tour ever documented.

Billboard recognized her enduring influence by naming her the 21st century’s “greatest pop star” in 2024, acknowledging her quarter-century of cultural impact and artistic evolution. Her 2023 “Renaissance World Tour” demonstrated this influence practically, with BeyHive fans creating economic impacts so significant in Stockholm that economists noted the tour temporarily moderated Sweden’s declining inflation rates through increased tourism spending.

Beyond musical accomplishments, Beyoncé has constructed a multifaceted business portfolio including successful clothing and hair care collections. Her expansion into the beverage sector features a whisky brand honoring her great-grandfather, SirDavis, contributing substantially to her financial growth.

Her journey to icon status began in the early 1990s with television appearances on “Star Search” as part of Girls Tyme. The subsequent formation of Destiny’s Child established one of history’s best-selling female groups. Earlier this year, Beyoncé reunited with former bandmates Michelle Williams and Kelly Rowland during her Las Vegas performance, highlighting her ongoing connections to her musical origins.

Since the group’s 2001 hiatus, her solo career has produced critically acclaimed albums beginning with 2003’s “Dangerously in Love,” which secured five Grammy Awards. Her historic 2018 Coachella performance made her the first woman of color to headline the festival, preceding her 2023 overtaking of conductor Georg Solti as the most awarded artist in Grammy history.