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Beyonce becomes a billionaire and third highest paid musician in the world

Beyonce has become the fifth musician to be declared a billionaire by Forbes magazine. The publication explained how Beyonce`s personal fortune has swelled in recent years

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Beyonce and Jay Z. Pic/AFP

Beyonce and Jay Z. Pic/AFP

Pop icon Beyonce has entered the billionaire club. The 44-year-old singer is following in the footsteps of Jay Z, her husband, as well as Taylor Swift, Rihanna, and Bruce Springsteen. 

Beyonce founded her own entertainment company, back in 2008, and the business "manages her career and produces all of her music, documentaries and concerts, fronting most of the production costs in order to capture more of the back-end economics", reports ‘Female First UK’.

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