Beyoncé Joins Billionaire Club; Fifth Musician on Elite List with Jay-Z, Swift, Rihanna

• Beyoncé is now a billionaire, the fifth musician to achieve this status, joining husband Jay-Z, Taylor Swift, Bruce Springsteen, and Rihanna.
• Her fortune is built on a strategic business model, primarily through Parkwood Entertainment, managing her music, films, and live shows.
• Major income sources include the Renaissance World Tour ($600M gross) and the Cowboy Carter tour ($450M ticket/merch).
• She earned significantly from Netflix's "Homecoming" ($60M), Renaissance concert film (AMC), and a $50M NFL halftime show.
• Her success exemplifies a shift where artists operate as vertically integrated businesses, focusing on ownership and direct distribution.

Why It Matters: Beyoncé's billionaire status highlights her strategic business model, ownership, and diverse income streams.