Beyonce is worth $355 million - see how she spends it on lavish mansions, yachting vacations, and a private jet for Jay-Z

Hillary Hoffower

Aug 25, 2018, 21:45 IST

Beyonce is worth $355 million - see how she spends it on lavish mansions, yachting vacations, and a private jet for Jay-Z

Kevork Djansezian/Shutterstock

Beyoncé reportedly has a net worth of $355 million.

Beyoncé's net worth is estimated to be $355 million, according to Forbes, making her one of the world's highest-paid celebrities.
Beyoncé has worked hard to build her wealth and she spends it lavishly.
Her fortune goes to vacation, real estate, and transportation indulgences, as well multiple charities and causes.

Not only does she have killer looks and a voice to match, she's one-half of a power couple, dominates the music industry, and embodies female empowerment. It also doesn't hurt that she has an estimated net worth of $355 million, according to Forbes.

And after working hard to build that wealth, she knows how to spend it.

Queen Bey, as fans love to call her, is known to indulge in multimillion dollar mansions, luxurious vacations and yachting adventures, and beauty treatments. She's also an excellent gift giver, having gifted husband Jay-Z a private jet and a car, and giving daughter Blue Ivy a doll worth five figures on her birthday.

Beyoncé also spreads her wealth beyond her family, donating it far and wide, including to victims of natural disasters and to education.

Below, see how one of the world's highest-paid celebrities and one of the richest self-made women spends her fortune.

Beyoncé currently has an estimated net worth of $355 million, thanks to her music, touring, and endorsements.

From 2016 to 2017, she earned $60 million, making her one of the world's highest-paid celebrities, according to Forbes.

A lot of this came from her Formation World Tour in 2016, which grossed a quarter of a billion dollars.

She and husband Jay-Z are currently on their On The Run II Tour, which could net more than $200 million, their highest grossing tour together to date. It's currently grossing roughly $5 million per night.

2018 has been a busy year for Beyoncé — before setting off on her tour, she headlined Coachella. MONEY estimates that she was paid $3 million for her performance.

But Beyoncé's wealth doesn't just come from making music and performing. Along with Jay-Z, she holds "significant equity" in Tidal, her husband's music streaming service, which is reportedly worth $600 million.

Beyoncé has also dabbled in business ventures. In 2015, she set up on-demand vegan meal delivery service 22 Days Nutrition.

And she's made waves in clothing and merchandise. In 2016, she launched activewear line Ivy Park with Topshop. At the time, items in the collection ranged from $15 to $265.

She also launched Beyoncé Heat, a fragrance line that made $75,000 in sales in its first day. She's reportedly sold $400 million worth of the fragrance.

But that's not her only foray into fragrance. Beyoncé has also been the face of multiple endorsements, starring in a Giorgio Armani fragrance ad and launching Tommy Hilfiger's fragrance True Star, for which she was reportedly paid $250,000.

In 2012, she signed a $50 million deal with Pepsi, which included a new commercial during the Super Bowl. She reportedly had a significant amount of control in the partnership.

She's also signed endorsement deals with Nintendo DS, L'Oreal, and American Express.

A woman of many talents, Beyoncé has also appeared on screen. She reportedly earned $12.5 million for her role in "Dreamgirls," not counting the reported million she was expected to make for the soundtrack.

With so many varied income sources, Beyoncé is America's 53rd richest self-made woman, according to Forbes.

Like many millionaires, Beyoncé invests in real estate. She and Jay-Z spend a lot of time in the Hamptons. They used to rent an estate there for $400,000 a month and then swapped it for a waterfront house rental that cost $500,000 a month.

In 2017, they finally purchased a vacation home there for nearly $26 million. It's next to the exclusive Georgica Pond and comes with neighbors Martha Stewart, Steven Spielberg, and Russell Simmons.

The same year, they paid $88 million for a new mansion in Bel-Air, with a $52 million mortgage. It was reportedly the most expensive sale of 2017 in Los Angeles County.

Beyoncé also owns a converted church in New Orleans, which she and Jay-Z reportedly bought for $2.6 million.

And when she was pregnant with twins Rumi and Suri, she rented a villa in Malibu for $500,000 a month from which to enjoy her maternity leave. It recently sold for roughly $50 million.

In other real estate moves, Beyoncé had reportedly bought a $5.9 million Houston property for her mother as well as Cher's former home in Malibu for roughly $40 million. She recently sold her New York City condo for nearly $10 million.

But Beyoncé doesn't spend all her time at her pads. She and Jay-Z often vacation in the Dominican Republic, where they've stayed at a $19.5 million, 35,000 square-foot estate.

They also frequent Paris, where they stay in a penthouse at Hotel Le Meurice for $20,000 a night.

That's not to mention their vacations to Italy, Ibiza, and Brazil.

But her most lavish vacation was arguably on board superyacht Galactica Star, worth $73 million. It costs roughly $900,000 a week to charter — and you have to know the owner.

In 2017, she and Jay-Z kept it a little more low-key, celebrating their anniversary in the Grand Canyon.

We don't know what Beyoncé gifted Jay-Z for their anniversary, but we do know she's generous. She gave him a $2 million Buggati Veyron for his 41st birthday, a $40 million Bombardier Challenger 850 private jet, and a $500,000 sapphire ring after Blue Ivy's birth.

Beyoncé gets around in just as stylish wheels — a custom $1 million Mercedes van with its own washroom and $150,000 sound system.

And she's always looking good behind the wheel. She wears $60 mink eyelashes and throws them out after every use. If she wears them daily, that's $21,000 a year. She also reportedly spends $1,000 on manicures.

Beyoncé is also a client of Jacob the Jeweler, who sells wild watches and jewelry to the elite. Pieces can cost anywhere from $200,000 to $1 million.

Beyoncé looks and dresses her best not just on the red carpet, but for her dates with Jay-Z. They're often spotted courtside at NBA games, which can cost anywhere from four to six figures depending on the game.

Beyoncé also knows how to wine and dine. She and Jay-Z reportedly spent almost $100,000 on drinks for VIP guests at an Atlanta nightclub.

And they've dined at the finest restaurants, such as Le Cirque in New York, which invented crème brûlée and spaghetti primavera.

When she's not dining out, Beyoncé still splurges on food-related costs at home. She reportedly spends $7,500 a month for a live-in chef and $4,000 a month for a dietitian.

But Beyoncé doesn't just indulge for herself and Jay-Z — she also splurges on her children. She reportedly gave birth to Blue Ivy in the exclusive birthing suite at Lenox Hill, which costs $1,700 a night. It was decked out with four big-screen televisions and room service.

And for Blue Ivy's first birthday, Beyoncé gifted her an $80,000 diamond-encrusted Barbie doll at the $104,460 birthday party she threw for her.

She also dresses Blue Ivy in designer duds, like a $2,100 Gucci dress and a butterfly and Swarovski crystal metallic Mischka Aoki dress that ranges from $8,405 to $10,637.

And before twins Rumi and Sir were born, she and Jay-Z spent more than $75,000 on matching gold cribs.

Beyoncé also spreads the wealth around outside of her family. She recently announced she's donating $100,000 to four historically black colleges and universities.

Beyoncé's also donated a lot of time and money toward natural disasters. A native Houstonian, she served meals and made a monetary donation in the aftermath of Hurricane Harvey.

After Hurricane Katrina, she founded Knowles-Temenos Place Apartments for those displaced from the storm. She reportedly had given at least $7 million to keep it running.

She also visited Haiti in 2017 while it was still recovering from the earthquake that devastated the country years before.

Her own charitable organization, beyGOOD, does everything from funding scholarships and working with UNICEF to fighting for gender equality and raising money for natural disasters.

One Christmas, she and Jay-Z went to Walmart and bought everyone in the store a $50 gift card for a total of $27,000.

And when filming for her role in the 2008 movie "Cadillac Records," Beyoncé donated her $4 million salary to the Phoenix House, a rehabilitation center. She also opened an affiliate cosmetology school, which provides Phoenix House residents with a seven-month training program.

So far, she's worked and supported 31 charities, including Look to the Stars, MusiCares, Stand up to Cancer, and more. No wonder fans call her Queen Bey.

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