Beyoncé dropped her seventh solo studio album ‚Renaissance‘ on July 29 and has amassed millions in net worth. Here’s everything you need to know.
Celebrity
The multihyphenate has dabbled in the worlds of fashion, music streaming, and more.
They don’t call Beyoncé the Queen for nothing. The singer who just released her seventh studio album Renaissance on July 29 is one of the most successful recording artists of all time. After starting her career as the frontwoman of the girl group Destiny’s Child, Beyoncé’s solo career began in 2003 with the Dangerously in Love album that spawned hit songs “Crazy In Love” and “Baby Boy.”
Since then, Beyoncé has stayed a hit-maker in the music scene — her new single “Break My Soul” was the biggest solo song debut by a female artist to date in 2022 — and regularly draws large crowds for her in-person, event-like tours.
But she’s also dabbled in various other businesses to build a massive wealth, including creating and running a popular activewear line, an ownership stake in a streaming music service, and an interest in the cannabis space that will have hemp and CBD enthusiasts excited. With all of that on the table, it’s no surprise that she has racked up a large stack of coins. Here’s exactly how Beyoncé became a multi-millionaire.
Beyoncé is still very much an artist first and foremost, though singers and musicians commonly don’t make the bulk of their money from their craft. Still, when you’ve had as long and successful a career as Queen Bey has, music sales contribute significantly to the bottom line.
Destiny’s Child officially disbanded in 2006, but the group has reportedly sold over 60 million albums worldwide (though it should be noted, Beyoncé had to split those earnings between the other members of the group). Her solo career hasn’t seen quite as high numbers, especially as the industry moved towards streaming, but the album sales are nothing to laugh at. Her debut album Dangerously In Love sold 11 million albums, 2006’s B’Day and 2008’s I Am…Sasha Fierce sold 8 million each, and 4 sold approximately 3 million. Beyoncé surprised everyone in 2013 with her self-titled album, which broke iTunes records for most album sales in the first week, and followed that up with her 2016 acclaimed visual album Lemonade that ended the year as the highest-selling album of the year. Bey has received 79 Grammy nominations throughout her career — the highest of any female artist in Grammy history — and has won 28 of those awards.
In 2019, the London Evening Standard estimated that Beyoncé has made $13 million from album sales — a number that will only rise with Renaissance.
