Jay-Z and Beyonce Named Forbes’ Highest-Earning Celebrity CoupleBy: Meaghan Ellis - September 19, 2013
Jay-Z and Beyonce are the epitome of a power couple. Most people associate the two of them with being among the top entertainers in the music industry, so having the title of highest-earning celebrity couple doesn’t come as a surprise. Earning approximately $95 million from June 2012 to June of 2013, the business-savvy couple takes ‘hustling’ to a whole new level. However, the impressive part of it all is how they earned the title. Jay and Bey prove to be jut as proficient in the boardroom as they are on stage.
The numbers that equated the estimated $95 million dollar fortune demanded a gratuitous effort. Forbes reports that the calculations were comprised of information acquired directly from the couple’s managers, agents, and other business counterparts and affiliates. The numbers were then compiled to develop a legitimate estimation of the couple’s earnings. While the calculations exclude taxes to be deducted, along with fees that the couple may incur from management and other professional services, it provides a concise scope of the their financial attainment.
With more than 20 #1 records collectively, the power couple are at the top of music’s totem poll, with no intention to wane anytime soon. “Watch the Throne,” Jay-Z’s duo album with Kanye West, garnered platinum success that led to the launch of their world tour. The tour made both nationwide and international headlines earning $1.4 million a night in the United States. But, Jay’s tour wasn’t the only to bring in big bucks. His wife, Queen Bey, bounced back after a short maternity hiatus with her “Mrs. Carter” tour. She managed to earn an average of approximately $2 million each night.
The “Hard Knock Life” rapper also sold his stake in the Brooklyn Nets and the Barclay Center for a sizable profit of $1.5 million. While that profit may not be an astounding feat for the rapper/businessman who made approximately the same amount in one night on tour, this decision was merely a calculated business move. With the launch of Roc Nation Sports, Jay-Z’s new sports agency, the commerce of his stake in the Nets was justified. In an effort to remain compliant with NBA Rules and Regulations in regards to conflict of interests, Jay made the executive decision to proceed with the sale, which is exactly why his financial portfolio is as laudable as his discography.
The power couple also has a number of other business ventures that contributed to the accumulation of their mounting fortune. Bey owns her clothing line, “House of Dereon,” and a fragrance collection. In addition to ownership of Roc Nation, Jay-Z also has a share in a number of companies such as Rocawear, the 40/40 Club, and Carol’s Daughter, which all collectively render a sizable profit as well.
Then, to add to his long lineage of success, Jay-Z’s latest album, “Magna Carta Holy Grail,” topped the Billboard charts with an unprecedented release. The album was RIAA certified platinum on July 4, 2013, due to pre-orders and an outstanding number of digital downloads. The “Magna Carta” became Jay-Z 13th consecutive, studio album to debut at the top of the Billboard 200. If Jay’s successful album debut is anything to go by, it looks like the power couple is making strides to top the Forbes list again next year.
Image via Beyonce’s Tumblr