Wanna lend us a couple of quid?
It’s official - Blue Ivy is now a billion dollar baby. According to a recent Forbes report, the combination of Jay-Z and Beyoncé’s net worth is now an eye-watering $1.16 billion dollars.
Jay-Z makes up the bulk of their fortune with his assets estimated at $810 million, which include his record and management company Roc Nation, champagne brand Armand de Brignac and a recent ten-year deal with touring company Live Nation which is said to be worth $200 million. While he’s already hip hop royalty, he’s also been named the second richest hip hop artist in the world after Sean ‘Diddy’ Combs ($820 million).
The Lemonade singer hasn’t been slacking off either with Beyoncé’s Formation World Tour making a quarter of a billion dollars, as well as her entertainment company Parkwood Entertainment and athleisure collaboration with Topshop raking in the dough. In fact, the pregnant star was just named one of the richest self-made women in America with a net worth of $350 million. She ranked in at #46 behind first place holder Little Caesars’ Marian Ilitch and media superstar Oprah Winfrey at #3.
However, it seems like it’s the Knowles-Carters’ joint stake in Tidal that’s really made the difference. Earlier this January, the telecommunications company Sprint sank a $200 million investment into the music streaming company which hopes to rival Spotify. Since then, Tidal’s worth has jumped to a tidy $600 million dollars.
We always knew that Beyoncé and Jay-Z were doing pretty well for themselves, but they’ve just leapt into another stratosphere. If Blue Ivy and her newly arrived twin siblings want to kick up their heels and relax, we wouldn’t blame them.
