With a fortune of $ 1.5 billion, Jay-Z and Beyoncé become the richest music couple in the world
That Jay-Z and Beyoncé are a mega successful and powerful couple in the music industry was already more than known.
But now, in addition to proving to be a perfect family, they can also boast of being the richest music couple in the world, according to the Celebrity Net Worth website.
The combined wealth of the two mega-stars has been valued at $ 1.5 billion, of which Jay-Z owns around $ 1 billion (€ 898 million), and the singer, songwriter, fashion designer. and American actress, Beyoncé, owns the remaining $ 500 million.
Jay-Z and Beyoncé tied the knot in 2008 in a private ceremony, and with that, their finances began to mix.
Each sitting on their own savings, they have created a great fortune, one that will ensure that their children have a great life ahead of them.
So how much money do Jay-Z and Beyoncé have?
After breaking the 1 billion barrier, the couple now amass a combined fortune of $ 1.5 billion (€ 1,346 million) thanks to all their hard work, loyal fans, and overall smash success.
Jay and Beyoncé are easily one of the highest-earning couples in the world each year. In an average year, the couple earn more than $ 100 million from record sales, tours, merchandise, advertising, commercial ventures, and other businesses.
Jay-Z concerts gross approximately $ 1.5 million per night. But when Beyoncé goes on tour, her concerts gross more than $ 2 million a night, according to popular celebrity CNW.
Celebrity Net Worth points out that most of the earnings of Jay-Z - the richest man in the Hip Hop industry - are involved with Roc-A -<tok2> Records, Roc Nation and her other companies.
Jay-Z co-founded clothing retailer Rocawear and sold it in 2007 for $ 204 million.
"Both the rapper, 49, and the singer, 37, have an important part in the streaming music service Tidal."
In 2015, Jay-Z bought Tidal for $ 56 million. The music streaming service exploded and is currently worth two-thirds of its revenue: $ 600 million.
Jay-Z has invested in startups like JetSmarter and Uber.
In 2017, Jay-Z signed a 10-year deal with Live Nation to partner at their concerts. According to Variety, the deal is worth $ 200 million (€ 180 million).
Today, Jay-Z's empire is comprised of various entertainment brands, her own clothing line, numerous alcohol brands, a world-class sports club, and the streaming service that passively raises millions of dollars.
So what is Jay-Z's net worth? The staggering amount of a billion dollars!
It was in 2003, when Beyoncé decided to adopt the idea as a solo artist with the release of the album: Dangerously in Love.
Despite being the first, the album sold more than 300,000 copies in its first week, placing it at the top of the charts.
"It was obvious that Beyoncé had exactly what it took to take on the music industry."
Since then, Beyoncé has sold more than 100 million records worldwide as a solo artist (another 60 million records featuring Destiny’s Child), making her one of the best-selling music artists of all time.
With the success of her first album, Beyoncé has continued to break sales records, gracing the top spots on the Billboard charts, completely selling out her tours and successful movie appearances.
Today, the popular artist has a net worth of $ 500 million (448.75 million euros) to her name, a net worth that will only increase with her fame.
Currently, the powerful couple has a 7-year-old girl, Blue Ivy Carter, and two beautiful twins, Rumi and Sir Carter, who were born in June 2017.
There are the combined earnings of Jay-Z and Beyoncé, per year:
2007 - $ 84 million
2008 - $ 160 million
2009 - $ 70 million
2010 - $ 133 million
2011 - $ 107 million
2012 - $ 83 million
2013 - $ 93 million
2014 - $ 175 million
2015 - $ 111 million
2016 - $ 116 million
2017 - $ 147 million
2018 - $ 137 million
Total = $ 1,416 billion
Keep in mind that those numbers are just your actual earnings before taxes. They do not include the value of investments in business and real estate.
Plus, Jay-Z's stake in Tidal could be worth hundreds of millions of dollars. Beyoncé's clothing line could also be worth hundreds of millions.
Real estate
The world's richest music couple have houses all over the world and are even rumored to own an island in the Bahamas.
When in the United States, Jay-Z and Beyoncé can be found either in their luxury apartment in New York City or in a mansion in Westchester County, New York or in their oceanfront villas in Miami.
In August 2017, it was revealed that the couple had acquired a luxurious mansion for $ 82 million in Los Angeles.
It was also revealed that they took out a $ 50 million mortgage to acquire the property, which in theory would mean that their monthly payments would exceed $ 250,000.
Jay-Z and Beyoncé have built much of their empire together.
"Their careers blossomed together," explained producer Jim Jonsin in an interview for the book: Empire State of Mind by Zack O'Malley Greenburg. “He joined her fans, and together, they entered her world. The same thing happened with her… Jay-Z and Beyoncé, they are the president and the first lady of the music industry ”.