Beyoncé Giselle Knowles-Carter is an American singer, songwriter, actress, and record producer. Born and raised in Houston, Texas, Beyoncé performed in various singing and dancing competitions as a child.
Beyonce Knowels had her first brush with fame thanks to the 90s TV show Star Search as a member in the rapping-and-dancing troupe Girl's Tyme. Girl's Tyme struggled in the late 1990s but was eventually signed by Columbia Records in 1997 under its new name, Destiny's Child. Destiny's Child would go on to release seven albums, five of which went platinum. In total they sold over 50 million records worldwide. The group won the Best R&B/Soul Single award for their hit song "No, No, No". One of the most popular Destiny's Child songs was "Say my Name" which won the award for "Best R&B Performance by a Duo or Group with Vocals," and "Best R&B Song." Other hits by Destiny's Child include, "The Writing's on the Wall", "Jumpin, Jumpin," and "Bills, Bills, Bills". After they finished their album, "8 Days of Christmas," the group decided to go their separate ways and work on solo projects. Beyonce struck out on her own and has released several extremely successful solo albums. She also developed a serious acting career with leading roles in Dreamgirls, Cadillac Records, Obsessed and Austin Powers.
Between June 2018 and June 2019, Beyonce Knowles earned $80 million from her various endeavors.
Endorsement Deals
While this successful Texan is known for her contributions to the entertainment industry, her savvy business acumen makes her a brand name to be reckoned with. Beyonce signed her first endorsement deal with Pepsi in 2002 which was quickly followed by deals with L'Oreal, American Express, Samsung, Ford and DirectTV. She has launched a number of fragrances over the years, and signed a $20 million, three year deal to develop a signature fragrance for Coty. And don't forget the fashion line, House of Dereon, which she launched with her mom Tina.
She launched her first solo fragrance brand in 2010. She eventually created a total of six fragrance brands which have generated more than $500 million in revenue since 2010. When combined, her brand is the most successful celebrity fragrance of all time.
Netflix Deals
In 2018 Beyonce signed a $60 million deal with Netflix to provide the streaming service three pieces of content. The first one, a documentary called Homecoming about her 2018 Coachella performance, was released in April 2019. Contrary to a popular online rumor, Beyonce did NOT take a 50% paycut in order to secure the rights to film her Coachella performance. The truth is she received a standard performance fee and essentially told Coachella that they had to let her film for Netflix. And when Beyonce tells Coachella she's planning to film her shows, they say yes! It's as simple as that.
Beyonce's best business deal to date has arguably been her marriage to Shawn Carter, better known as Jay-Z, the hip hop artist, producer and multi-millionaire entrepreneur. The couple welcomed their first child Blue Ivy Carter in 2012. On June 13, 2017 Beyonce gave birth to twins, a daughter named Rumi and a son named Sir.
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Net Worth
Beyonce Knowles is an American pop singer, entrepreneur, philanthropist and actress who has a net worth of $500 million.
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