Beyonce Knowles Net Worth
Beyonce Knowles Net Worth

Beyonce Knowles Net Worth: Beyonce Reportedly Made $300 Million Through Uber

Beyonce Knowles Net Worth: Beyoncé Giselle Knowles-Carter, an American singer, songwriter, and actress, was born on September 4, 1981. According to NPR, Beyoncé is the most significant female musician of the twenty-first century due to her innovative skills and vocals. She has acquired the moniker “Queen Bey” due to her success, which has made her a cultural figure.

How Much Money is Beyonce Knowles Worth?

American pop singer, entrepreneur, philanthropist, and actress Beyonce Knowles has a $500 million fortune. As a member of the rapping and dance group Girl’s Tyme on the 90s TV program “Star Search,” Beyonce Knowles experienced her first taste of fame. Despite their difficulties in the late 1990s, Destiny’s Child was eventually signed by Columbia Records in 1997 under their new moniker.

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Later, Destiny’s Child would put out seven albums, five of which were certified platinum. They sold more than 50 million records globally in total. The group’s famous song “No, No, No” helped them win the Best R&B/Soul Single honor. “Say my Name,” which won the awards for “Best R&B Performance by a Duo or Group with Vocals” and “Best R&B Song,” was one of Destiny’s Child’s most well-known tracks.

“The Writing’s on the Wall,” “Jumpin, Jumpin,” and “Bills, Bills, Bills” are some of Destiny’s Child’s other top songs. The band decided to go their separate ways and focus on solo projects after recording their album “8 Days of Christmas.” Beyonce went solo and has since released several hugely popular solo albums. With starring roles in Dreamgirls, Cadillac Records, Obsessed, and Austin Powers, she also established a professional acting career.


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Deals in Endorsements

Although this prosperous Texan is well known for her contributions to the entertainment sector, her sharp economic sense elevates her to a position of power. In 2002, Beyonce inked a deal with Pepsi as one of her official endorsers. Soon after, she also struck partnerships with L’Oreal, American Express, Samsung, Ford, and DirectTV.

After launching several fragrances over the years, she inked a $20 million, three-year deal to create a trademark scent for Coty. Don’t forget the clothing brand House of Dereon, which she and her mother Tina established.

In 2010, she introduced her first fragrance line. She created six fragrance brands; since 2010, they have brought in more than $500 million. Her line, as a whole, is the most celebrity fragrance ever.


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Netflix Offer

Beyonce agreed to a $60 million deal with Netflix in 2018 to contribute three pieces of programming to the streaming service. Her 2018 Coachella performance was the subject of the first documentary titled Homecoming, which was published in April 2019.

Contrary to an online rumor that has gained much traction, Beyonce DID NOT accept a 50% pay cut in exchange for the privilege of filming her Coachella performance. She was paid a standard performance fee and demanded that Coachella allow her to film for Netflix. And Coachella agrees when Beyonce informs them that she intends to film her gigs! That’s all there is to it.

The marriage to hip-hop singer, producer, and multimillionaire entrepreneur Shawn Carter, better known as Jay-Z, has undoubtedly been Beyonce’s biggest business deal. Blue Ivy Carter, the couple’s first child, was born in 2012. Beyonce gave birth to twins on June 13, 2017; a daughter called Rumi and a son named Sir.


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Beyonce Reportedly Made $300 Million Through Uber

Sadly, the short response is no. A rumor claiming Beyonce received $6 million in Uber stock in exchange for an intimate performance in 2015 and that her shares were worth $300 million following the company’s IPO became widespread on Twitter in May 2019. This is untrue. A few shoddy publications falsely claimed that Beyonce received 6 million Uber shares, which, at the time of the company’s IPO, would have been worth about $270 million before taxes.

The truth is that she received restricted stock units valued at $6 million in 2015 when the company had a $50 billion market value. Uber’s market valuation was $67 billion following its IPO. Her shares at the $67 billion market cap would be worth about $9 million, assuming she never sold a single claim and didn’t get diluted in subsequent investment rounds (likely not conceivable).

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