Beyoncé Joins Music's Billionaire Elite, Forbes Confirms Strategic Empire

• Forbes confirms Beyoncé Knowles-Carter is now a billionaire, becoming the fifth musician to achieve this status.
• Her wealth stems from strategic long-term thinking, creative control, and business acumen, not just musical success.
• Parkwood Entertainment, founded in 2008, is central to her empire, overseeing production of music, films, and tours, allowing her to retain more profits.
• Major revenue sources include the Renaissance World Tour ($600M), Cowboy Carter Tour ($400M + $50M merch), Netflix deals, and direct distribution of her concert film.
• By controlling her creative and business processes, Beyoncé significantly maximizes her earnings and maintains her legacy.

Why It Matters: Beyoncé's billionaire status highlights her unparalleled business acumen and strategic control over her empire.