The nominations for the 65th Grammy Awards drew myriad responses. While there were cries of joy and disappointment in equal parts, a ‘highlight’ piece of info continues to make a buzz on the internet: Beyonce and Jay-Z have become the most nominated artists in Grammy’s history! Well, while that’s a great deal in itself, turns out the power couple is really a force to reckon with, even in terms of finances.
Let us look at how they manage cartloads of money and what the approximate figures are, when their wealth is combined:
The couple’s combined net worth amounts to a whopping $1.8 billion since 2014. The rapper’s net worth reportedly comes to a billion dollars, while his wife has a net worth of $500 million. Now that’s a heap of riches, amassed from multiple sources of revenue, rightly making them one of the world’s most influential couples.
By selling singles like Halo and Partition, Beyonce managed to clock in a sale of $114 million, while her hubby Jay-Z took home $18.5 million. Speaking of which, the American rapper earned $27.5 million, while his counterpart received $29.5 million.
The couple went on their first tour titled On the Run in 2014, which raked in $95 million. Their next tour happened roughly about four years later — On the Run II Tour in 2018, which brought forth $250 million. Then individually Jay did a tour in 2017 titled 4:44, which grossed $48.7 million while Beyonce’s 2016 Formation World Tour conjured up $256 million.
Beyonce brought forth her athleisure clothing line in 2016, which turned out to be a profitable venture. Her company soon partnered with Addidas, which overtook the profits made by Kanye West’s label Yeezy.
Beyonce is quite the investor, and didn’t stop just at clothing. Her foray into perfumes also turned out to be a successful affair. In 2013, the Irreplaceable singer managed to make $400 million through the sales of her unique collection of fragrances under her eponymous label, Beyonce Heat.
That aside, quite like other celebs, she uses social media to leverage her popularity and has been active on the endorsements front. Her collaborations with fashion giants like Armani, Tommy Hilfiger and Pepsi ( for which she reportedly got a cheque of $50 million) have only added to her mammoth popularity.
Jay’s net worth increased multifold after he purchased Tidal. As per a 2018 report, the worth of the shares was approximately $600 million. He eventually sold stakes in the same company for $297 million, which boosted his net worth by 40 percent.
Jay-Z also owned a clothing line named Rocawear, which brought forth a profit of $700 million. But the rapper sold the rights of his firm to the Iconix Brand Group for $204 million in 2007.
In addition to this, the 52-year-old also runs a restaurant chain named 40/40 club. Another biggie in his kitty is a luxury champagne brand named Armand de Brignac. In 2021, Jay-Z sold 50 percent of the brand’s shares for reportedly $640 million, along with the Tidal shares.
Lead Image: Beyonce/Instagram