The marriage between pop superstar Beyonce and rapper, cum business mogul Jay-Z has been a union of celebrity heavyweights, one that has probably never been seen before. Nothing comes close to the cult following they command. They have a combined net worth of a staggering $1.5 billion and are perhaps African-American’s most powerful couple.
Beyonce has won 6 Grammy Awards and 24 MTV Video Music Awards among other recognitions. With over 100 million records sold worldwide, the pop queen has been consistently listed as one of the most powerful women in entertainment but how did she get here?
She Started Out As Part Of A Girl Group
Beyonce’s journey to stardom began in the 1990s when she became the lead singer of the RNB group Destiny’s Child. The group grew to sell over 60 million records worldwide to become one of the best-selling girl groups of all time.
Alongside Kelly Rowland and Michelle Williams, they churned out hits such as “Independent Women”, “Survivor” and “Bootylicious”. At the peak of their powers, the group’s influence on Pop culture was enormous, the word “Bootylicious” coined and popularized by Destiny’s Child was added to the Oxford English Dictionary in 2006.
In 2003, she decided to go solo by releasing her debut solo “Dangerously in Love”. The album sold 317,000 copies in the first week, earned 5 Grammy Awards, and featured two singles that topped the Billboard 100.
Beyonce Is Now Worth Over $400 Million As A Solo Artist
According to Forbes ‘America’s Richest Self-made Women’ list, Beyonce is worth over $400 million. She was ranked second on CBS’s highest-paid celebrities on the 2017 list after bringing in $105 million (£75 million).
She was one of only two featured celebrities who raked in more than $100 million (£71 million) in a single year. A substantial chunk of her income comes from her music career. In 2007, she went out on the road for her very first worldwide tour – The Beyonce Experience, the concert series reportedly brought in more than $24 million.
The amount increased tremendously the following year, bringing in $119.5 million. This pattern continued and according to Forbes, the Formation World Tour was bringing in a quarter of a billion dollars for Beyonce.
She also makes money from her stake in Tidal; a music streaming service which she co-founded with her husband Jay Z, alongside other celebrities like Kanye West, Madonna, Rihanna, and Nicki Minaj. The value of that investment increased significantly in 2017 when Sprint invested a whopping $200 million on it.
Other Business Ventures
Beyonce is also an investor in a company called WTRMLN WTR, though it’s not clear how much the company is worth or how high her stake in the company is. In October 2014, Bey signed a deal with Topshop to create an active-wear line on a 50-50 partnership.
In 2005, she and her mother launched a women’s fashion line House of Deréon, inspired by Beyonce’s grandmother, Agnez Dereon. Her fragrance line Heat has also contributed to her net worth.
She Makes Huge Sums Off Endorsements
Beyonce has had deals with Pepsi for more than a decade. Back in 2012, she landed a $50 million deal to endorse the brand. Beyonce has a $60 million contract with Netflix to provide content. She is also a celebrity spokesperson for the cosmetic company L’Oreal. She equally has endorsement deals with global brands such as Tommy Hilfiger, Emporio Armani, Nintendo DS among others. Beyonce’s net worth is currently put at an estimated $400 million.
Her Marriage To Jay Z Cemented Them As A Power Couple In Entertainment
Though the media attention on the Carters has been relentless, they have done their best to keep their marriage private. You’d hardly find them give intimate details away, preferring to focus the attention on their craft.
The exact details of how they met for the first time is still very unclear but she once revealed that it happened when they were introduced at the time she was 18. That would have been somewhere between September of 1999 and August of 2000. The pair began dating sometime in 2001. At this point, the media had gotten wind of their relationship but there wasn’t any official confirmation. In the midst of all the speculation, they released Bonnie & Clyde and filmed a music video together in their first collaboration, further intensifying media speculations of their romance.
On April 4, 2008, they got married at a private event attended by Beyoncé’s mother Tina Knowles, her father/manager Mathew, her sister Solange, her Destiny’s Child pals Kelly Rowland and Michelle Williams, and the couple’s friend Gwyneth Paltrow. The paparazzi was practically taken unawares, further reinforcing their preference for a private life.
The Couple’s Kids Have Attracted A lot Of Media Attention
Their first daughter Blue Ivy Carter came almost four years later on January 7, 2012. After five years, the media was set ablaze in February 2017 when Beyonce took to her Instagram page to announce that she and Jay Z were expecting twins. The announcement became the most-liked Instagram photo of all time.
Four months later, the twin babies (a boy and girl) arrived. According to the twins’ birth certificates, which were obtained by TMZ, Beyonce gave birth to Rumi and Sir at 5.13 am local time on June 13, 2017. Her daughter Rumi was born first and little Sir followed on later at the Ronald Reagan UCLA Medical Center in Los Angeles.
Their Marriage Has Been Plagued With Rumours Of An Imminent Divorce Amidst Jay-Z’s Alleged Infidelity
At every point in their marriage, there have been insinuations in the media that the power couple was on the brink of a divorce. For a family that prides itself on the premium placed on privacy, the incident of May 7, 2014, at the annual Met Gala was more fuel in the fire.
Video footage leaked online five days after the event – showing Beyonce’s sister Solange seemingly attacking Jay Z in the elevator at the Met Gala afterparty. The paparazzi claimed the reason she attacked him was that she was upset with his infidelity.
Certain lyrics in her songs have further fuelled infidelity rumours and a marriage in crisis. Songs like “Hold Up,” “Don’t Hurt Yourself” and “Sorry” seemed to have an undertone that pointed to a rocky relationship. The song “Lemonade” talked about a dishonest person and also mentioned the infamous “Becky with the good hair” a seeming reference to a lady interfering in a relationship.
In a New York Times Style Magazine interview, Jay Z opened up and admitted to cheating on his wife, revealing how they got their marriage back on track. He revealed that they had to seek counselling to help them through those tough times.