Beyoncé’s net worth is $540 million, according to Forbes estimates. Most of her fortune is tied to her album “Renaissance” and her world tour. Here’s how the former Destiny’s Child star made her fortune and her flashy ways to spend it.

Beyoncé on stage during the Renaissance World Tour in Kansas, Missouri. Photo Kevin Mazur/Getty Images

Beyoncé is bringing her latest world tour to the big screen.

Opening in theaters on Friday, “Renaissance: A Film By Beyoncé” arrives a month after Taylor Swift’s “The Eras Tour” broke the box office record for a concert film in opening weekend , grossed nearly $100 million in North America.

Beyoncé, like Swift, reached a deal with AMC to self-finance the film, in return receiving more than half of the money from ticket sales.

That means the film will add tens of millions of dollars to the $461 million that the Renaissance tour has brought in for Beyoncé, according to Billboard.

Combined with Jay-Z’s assets, the Knowles-Carter family’s net worth currently stands at approximately $1.6 billion.

Here’s a summary of how Beyoncé makes her money and how she spends it.

Beyoncé was born in 1981 in Houston

Beyonce Knowles, sister Solange and parents at the premiere of “Austin Powers in Goldmember” in 2002. Photo Gregg DeGuire/Getty Images

Beyoncé’s father, Matthew Knowles, is a sales manager for Xerox and her mother, Tina, owns a hair salon.

It was her childhood dance teacher who first discovered her singing talent and encouraged her, then aged 7, to enter her first talent show, which she won. in Vogue magazine.

Ten years later, Beyoncé co-wrote Destiny’s Child’s first hit “No, No, No” and helped the group become one of the best-selling girl groups in the world.

Her father managed her career until 2011 when the two decided to end their business relationship. Matthew Knowles said at the time: “I know my child will continue to conquer new lands in music and in the entertainment industry.”

Since going solo, Beyoncé’s career has skyrocketed, giving her an estimated net worth of $540 million.

Beyoncé performs at the 2017 Grammy Awards. Photo Getty Images

Beyoncé may be the most awarded artist in Grammy history, but she’s also a savvy businesswoman.

In 2020, she founded Parkwood Entertainment, which she calls a “multi-purpose conglomerate”. The company is run by a team of executives that includes former executives from Apple, JP Morgan Chase and Nokia.

In addition to tours around the world, she occasionally performs private shows. In January, she was paid $24 million for an hour-long film, set at a hotel in Dubai.

The 2016 Formation World Tour grossed a quarter of a billion USD

Beyonce on stage during Formation’s world tour. Photo Getty Images

Beyoncé’s album “Lemonade” was released in 2016, debuting at number one on the US Billboard 200 chart and receiving critical praise.

Her “Formation World Tour” that same year grossed about $256 million in sales on Billboard alone, and she earned $60 million in 2016, making her one of the highest-paid celebrities in the world.

2018 was another big year as she appeared at Coachella and toured with her husband, Jay-Z

Beyoncé headlined Coachella in 2018. Photo Larry Busacca/Getty Images

Beyoncé headlined Coachella in 2018, earning an estimated $3 million.

A movie with a pretty captivating performance, “Homecoming,” is set to be released next year as part of a $60 million deal with Netflix, Bloomberg reported.

Jay-Z and Beyoncé also ended their On The Run II Tour in October 2018, earning more than $250 million.

Most of Beyoncé’s fortune is thanks to “Renaissance”

Beyoncé performs on the Renaissance tour. Photo Getty Images

Released in 2022, her seventh solo album grossed approximately $13 million and became the most-streamed album on Spotify by a female artist upon its release.

But the world tour in support of the album really raked in the big bucks, generating around $579 million.

The upcoming tour film, released on December 1, is expected to earn up to $40 million in its opening weekend, according to Deadline.

Tidal and other ventures

Beyoncé still owns shares of Tidal since her husband sold the company in 2021. Photo John Lamparski/Getty Images

Beyoncé holds a “significant” stake in Jay-Z’s music streaming service, Tidal, which was sold for about $300 million in May 2021 to Jack Dorsey. She retained her shares and secured an $8.9 million payout, according to Variety.

Beyoncé also founded a vegan meal delivery service, 22 Days Nutrition and Beyoncé Parfums, which has generated $400 million in revenue since 2010, according to Celebrity Net Worth.

In 2022, Beyoncé invested in Lemon Perfect, a startup that raised $42.2 million and is currently valued at more than $100 million.

Beyoncé earns millions of dollars from brand advertising

Ivy Park, Beyoncé’s sportswear brand, first launched with Topshop in 2016 before moving to Adidas in 2020.

Although sales were lower than expected, Adidas paid Beyoncé about $20 million per year for the partnership, according to Fortune.

Beyoncé debuted Ivy Park in 2016. YouTube photo/WeAreIvyPark

She also collaborated with French luxury label Balmain to create a collection based on her Coachella performance and another for her Renaissance tour.

Beyoncé also earns millions of dollars from advertising.

The singer signed a $50 million deal with Pepsi to appear in commercials during the 2013 Super Bowl.

She also led advertising campaigns for Giorgio Armani perfume, Nintendo DS, H&M, L’Oreal, American Express and the launch of Tommy Hilfiger’s True Star perfume, for which she was paid $250,000.