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By Megan Cartwright
Associate News Editor
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Beyoncé's net worth is about to change now that her Cowboy Carter Tour is coming to an end, experts tell Newsweek.
The global superstar announced her tour in February following the release of her record-breaking country album of the same name. At the time, Cowboy Carter had just won Album of the Year and Best Country Album at the 2025 Grammy Awards.
What Is Beyoncé's Net Worth?
Beyoncé's net worth is $780 million as of June 2025, per Forbes. In comparison, her net worth roughly one year prior, in May 2024, was $760 million.
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According to the outlet, a "majority" of her net worth "comes from her roughly three decades as a solo performer and a member of the girl-group Destiny's Child."
Destiny's Child, a band that included Kelly Rowland, Michelle Williams and Beyoncé as the lead singer, rose to fame in the late 1990s with hits like Say My Name and Survivor.
Beyoncé, 43, saw mega success as a solo artist too. Dangerously in Love dropped in 2003, and the album's lead single, "Crazy in Love," earned her several Grammys.
In addition to music, Beyoncé—who is a mom to daughter Blue Ivy Carter and twins Rumi Carter and Sir Carter with her husband, Jay-Z—also starred in films including Dreamgirls, Austin Powers in Goldmember, The Pink Panther, 2019's The Lion King and more.
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Touring Is Lucrative for High-Profile Musicians
The Cowboy Carter Tour kicked off in Los Angeles in April and ends in Las Vegas on July 26. Experts tell Newsweek that touring is one of the best ways for artists to earn money.
"There's no doubt the Cowboy Carter Tour will have increased her net worth by an order of magnitude," Dr. Hannah Yelin, Chair of the Creative Industries Research and Innovation Network at Oxford Brookes University, said. "Touring has become the most lucrative income stream for high-profile musicians. But only if you have the resources, stamina, and global fan base! So there's a widening gap between the small constellation of global superstars and everyone else struggling to get by in local, grassroots music scenes."
Professor Ruth Penfold-Mounce—a sociology professor at the University of York, whose research includes celebrity culture—agreed. "The number of albums that a singer sells is not the most lucrative part of a high-profile singing career and hasn't been for quite some years. Instead, the heart of a singer's earnings is interwoven with high-profile successful tours, especially if they are on a global scale," she said. "Look at Taylor Swift's Eras Tour."
Taylor Swift made history after wrapping up her 21-month Eras Tour in December, grossing $2 billion in ticket sales, double that of any other concert tour, The New York Times reported.
Professor Tonya Butler, the Chair of the Music Business/Management Department at Berklee College of Music and the first woman and the first person of color to lead the department in its 30-year history, said Beyoncé's tour has "already had a significant impact on the singer's net worth."
Butler attended her show at SoFi Stadium in Los Angeles and said that in addition to her "phenomenal performance, the merchandise lines were out of control."
"Beyoncé's net worth lies not only in the amount of money she makes, but on the long-term effects that the tour will have on the music industry," she told Newsweek, noting that the tour "employed thousands of people and generated income for hundreds of retailers, especially those selling western-style regalia."
"Second, as a working mother, the images of her bringing her daughters to work, taking them on the road, and giving them the opportunity to shine onstage beside her, has had an impact on women and young girls all over the world," Butler said.
Additionally, Beyoncé's tour and album have had an impact on country music—"exposing her to entirely new audiences, and showcasing the work of other lesser-known country artists, while simultaneously fighting 'genre-ism.'"
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Could Beyoncé Become a Billionaire?
Beyoncé's three-month tour figures are expected to be at $325 million, according to Forbes, which "will for sure get her closer to being a billionaire," Serona Elton, the Director/Chair of the Music Industry Program at the University of Miami's Frost School of Music, told Newsweek. "She will come away from the tour with a significant amount of money."
Elton noted, however, that the "Run the World (Girls)" singer "will not herself keep 100 percent of that amount. Not even close."
"That money will be divided up, first covering production and ticketing costs, then being shared between Beyoncé, the concert promoter and/or the concert venue."
That being said, Elton added that "there are other revenue boosts that happen because of a tour, but are not included in the tour-related reported revenue numbers. For example, there is typically a significant bump up in streaming activity with respect to the recorded music and music videos of an artist by fans in a particular city leading up to a concert date and just after it."
"Fans likely also posted images and video of themselves at the shows on social media and added Beyoncé's music to their posts," she continued. "All of these activities would have generated additional revenue for Beyoncé."
Penfold-Mounce said that while touring "may tip the balance into the billionaire club," it's "a one-off influx of income."
In other words, "the question remains—can she maintain a billionaire status?"
Yelin pointed out, though, that the potential milestone could prove to be a hindrance for someone "whose brand has been built on ideas of collective resistance."
"In a healthy society, billionaires should not exist. It's a benchmark of excessive individual accumulation totally at odds to collective uplift," the Who Runs the World? Girls, Leadership and Women in the Public Eye author said. "Yes, it's a club that shouldn't just be for white men. Yes, she has defined the zeitgeist for more than two decades now, and those tours must be so grueling. But, extreme wealth is a symptom of extreme inequality, and billionaire status is kind of grotesque."
"Celebrity culture has always been about celebrating and justifying a particular model of individualism and success," Yelin concluded. "But as inequality increases, that feels like a stretch."
Butler said that while "there is no doubt that Beyoncé will reach billionaire status," it's likely not a title she cares about.
"I'm sure she'll be proud of herself and thankful for reaching such a milestone in her life and career. But I also think that she cares less about the money and more about how her accomplishment will help to support her vision for her children, her family, her legacy and the causes she feels most passionate about."
Update 7/29/25, 11:57 a.m. ET: This article was updated with comment from Professor Tonya Butler.
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