Beyoncé has officially entered the billionaire ranks after Cowboy Carter proved to be a commercial triumph. The 44-year-old singer's combination of music, business ventures and live performances helped establish her not only as a global pop icon but also a formidable entrepreneur.
Forbes reported that the singer's most recent tour grossed over $400 million in ticket sales, with an additional $50 million in merchandise. Since her entertainment company, Parkwood, solely produced the shows, Beyoncé was able to secure even higher profit margins.
