American singer Beyoncé made history by becoming the fifth music industry personality to be part of the exclusive list of billionaires of Forbes. The other four whose fortune crossed the triple-digit barrier are Taylor SwiftBruce Springsteen, Rihanna and her husband Jay-Z.
The entry of the Houston-born artist into the small group of 22 figures that Forbes identified as billionaires responds, according to the media, to sustained growth of your assets and business decisions taken since 2010 when he founded Parkwood Entertainmenta structure that allowed him to control production, tours and rights.
Forbes attributes a substantial part of the assets to the tours and control of their musical catalog; in particular, the Cowboy Carter Tourwhich reported more than 400 million dollars in tickets and 50 million in merchandising. The site reported that these figures contributed to adding 148 million dollars to your pre-tax income in 2025.
He also pointed out that control of the musical catalog and direct management of productions and tours through your company They allowed higher profit margins, a recurring factor in explaining the financial jump recorded in the report.
Parkwood, tours and other businesses in the history after entry
The artist’s business career began to consolidate with Parkwood Entertainment in 2010, a decision that Forbes identifies as central in history after his entry into the exclusive club of billionaires.
Forbes states that the singer’s business career began to be confirmed with Parkwood Entertainment. Photo: REUTERSIn addition to music and touring, his initiatives outside the music sector that were part of the diversification: hair care products, alcoholic beverages and a sports fashion brand which stopped operating in 2024.
The story of Forbes about its evolution, he emphasizes that managing Parkwood and producing directly allowed her to obtain higher financial benefits than usual in the industry, a recurring explanation in the note about why the singer reached multimillionaire status.
The immediate human consequence of the publication is the artist’s personal decision to limit her tours for family well-being; in statements to GQBeyoncé said that she went to extreme lengths to maintain her boundaries and protect her family, and that no amount of money is worth her peace of mind.
What is Parkwood Entertainment?
Parkwood Entertainment is the entertainment company and management created by Beyoncé to produce and manage a large part of her projects: music, tours, audiovisuals (films, documentaries, specials), marketing/creativity, advertising and, in addition, it functions as a record label for some releases.
Beyoncé manages her projects with the company Parkwood Entertainment. Photo: APIn practice, Parkwood It operates as the business “umbrella” with which Beyoncé centralizes creative and business control.
The firm started as a production unit around 2008 and later consolidated as Parkwood Entertainment in the following years; is based in the US and is associated with offices/operations in New York and Los Angeles.
