Beyonce Net Worth, Early Life Awards and Achievements.
Beyoncé is an American singer, actress and music producer, model, dancer, and a successful businesswoman. She is one of the richest female musicians in the United States of America who has earned a massive amount of love and respect for her work from not only America but from people all over the world. Her work is recognized and loved by people of all age groups. Kids love her, women worship her and men idolize her. She’s the queen of everything be it music or dance or being an entrepreneur. Beyoncé has beauty with brains and she knows how to use them right.
Beyonce Net Worth as of 2020
Beyonce has a net worth of $500 million. Her income mainly depends on her successful tours and many hit albums. Beyoncé’s fame is only increasing with time and since her income is directly tied to her fame, it is also boosting up. She earned $100 million in 2018 and it is expected that she would cross $800 million scales in 2019.
Beyonce’s Life as a Child
Beyoncé started out singing and acting rather early in her life. Her family was not in the entertainment industry. Her mother was a salon owner and her father worked in Sales. She started dancing at a very young age and found that singing and dancing gave her immense joy. She started her career at the age of 8 when she formed a group with three other girls who were also interested in singing and dancing. She along with her group performed at various events and was later booked with a Music Label Company known as Columbia Records. her parents had always been supportive of her choices so they made sure to be there for her at every step of the way to her colorful journey.
In 1993, her band ‘Destiny Child’ gave their debut song, which was a major hit. Her second album won 8 million copies worldwide. Her third album, ‘Survivor’ was debuted on Billboard 200 and earned many Grammy awards. So in a way, Beyoncé became the queen of the music industry at a very young age. In 2003, she realized that she is widely popular in the audience for her innocent smile and charm. She knew that her talent would only grow more with time so she took a decision to separate herself from the Destiny’s Child and released her first solo song ‘Dangerously in Love’. It was a huge hit and people really dug her solo performances. From that day onwards, Beyoncé knew she will never look back.
In her album ‘4′, she worked not only as a singer but also as a co-writer and a producer. The album broke all records and became Number 1 at the billboard. Beyoncé had good acting skills so she decided to utilize her acting skills and fan following by appearing in several movies.
Awards and Achievements
Beyoncé, popularly known as ‘Queen B’ has won over 25 Grammy awards. She has been nominated 69 times in the Grammy awards and holds a record of being the most nominated woman in the history of Grammy.
She has received 10 BET awards so far from 30 nominations. Out of 24 nominations in American Music Awards, she has won 8. She is also the recipient of 13 Billboard awards and 28 MTV best music video awards. Apart from that, she has won 4 World Music Awards. In total, she has won 468 awards and has been nominated 1000 times, breaking all records and creating a new Guinness world record for the most awards won.
Life of Luxury and Splendor
Beyoncé has been living a life of grandeur and it can be seen in the way she walks and talks. Her net worth of $500 million is divided into many investments and business lines. She makes a lot of money from her business ‘Parkwood Entertainment’ that produces music, movies and launches many fashion brands through the media industry. Beyoncé has also launched a streetwear fashion line through Parkwood Entertainment in 2016. The line is currently carried by the UK based brand and retailer Topshop.
Beyoncé earns at least $50 million a year through her special appearances in ads and commercials for brands such as Pepsi. With the advent of technology and social media, Beyoncé has gained a huge following on social media as well. She charges $1 million for her post as influencer marketing on Instagram. She is also the spokesperson for L’Oréal. She earns a massive amount of money in her album sales on iTunes. She also earns $20 million per year in modeling for magazines and brands.
Beyoncé currently has at least 10 cars parked in her garage. She owns a Rolls Royce Silver Cloud Convertible I that she got as a present from her husband Jay Z for her 25th Birthday. The car is worth at least $1 million. She also owns some other value edition cars such as 1996 Series 2 Alpha Romeo Spider, Mercedes Benz McLaren SLR, Pagani Zonda F, Porsche 911, Maybach Exelero. Beyoncé also purchased Bugatti Veyron Grand Sport for her beau but she is mostly seen riding the car herself. Her car collection is worth at least $45 million and if that is not enough, Beyoncé also owns a private jet worth $40 million. The Bombardier Challenger 850 Jet was purchased by Beyoncé so that 16-18 people could be easily seated in and she could take trips abroad with her family while also including her personal assistant, her kids’ nannies and all of their bodyguards.
A 35000 square foot estate worth $20 million is also under Beyoncé’s name. The state has 5 buildings, with over 100 rooms. The mega-mansion and giant estate include a music room, professional swimming pools, over 10,000 square foot of gardens and a huge parking space for at least 25 cars.
With over $5 million in her name in a span of 30 years, Beyoncé has become a living legend. She is recognized as a trendsetter in the music industry, reinventing the future of the music industry and increasing her bank balance while doing so.