Saturday, December 5, 2020

Why It Costs Big Money to Be Beyoncé

 


Ultimate power couple Beyoncé and Jay-Z know how to draw a crowd. Most recently, their 2018 On the Run II stadium tour garnered more than $250 million — approximately $5 million per night, according to Forbes.


Always busy, Beyoncé released the Netflix documentary “Homecoming,” in 2019, giving fans an inside look at her famed Coachella performance the year before. Also a fashion designer, the second collection from her Adidas x Ivy Park collaboration debuted in October 2020.


Together, the multitalented Carters have a combined net worth of $1.5 billion, and Beyoncé alone is worth millions — $500 million to be exact, according to Celebrity Net Worth.


Being Queen B comes with a lot of expenses. From her homes to her wardrobe to her lavish vacations, GOBankingRates broke down how much it really costs to splurge like one of the richest, most famous singers in the world.


Beyoncé’s Houses

Cost: $97.75 million


When you’re one of the biggest and richest musical stars in the world, locking down just one mortgage for a luxury mansion simply won’t cut it. That’s why Bey has three multimillion-dollar homes: a $2.9 million five-bedroom cottage-style East Hampton mansion, a $6.85 million penthouse in lower Manhattan and an $88 million multistructure compound in Bel Air, Variety reports.


The Bel Air estate has eight bedrooms, 11 bathrooms, four outdoor pools, a spa and wellness center, a basketball court and enough garage space for 15 cars. Property taxes for this property alone totaled $1.05 million per year as of 2019, according to the Los Angeles Times.


Beyoncé’s Clothes

Cost: $25,000-plus for vacation wardrobe


Beyoncé has always been an icon in the world of fashion, and that doesn’t stop on vacation. Page Six documented her attire on a 2018 getaway, and it wasn’t cheap.


Some of her glamorous wardrobe choices included $991 “Vogue”-printed Versace denim shorts and a $1,295 match silk blouse, a $3,310 yellow Fendi dress and a $3,295 red zebra-and-lemon printed Dolce & Gabbana jumpsuit.


Beyoncé’s Bling

Cost: $8 million-plus for Golden Globes jewelry


When Beyoncé makes a public appearance, she’s usually decked out in jewels, and the 2020 Golden Globes were no exception.


Beyoncé wore more than 323 carats of Lorraine Schwartz diamonds to the event. This included earrings adorned with more than 250 carats of diamonds — worth more than $8 million — according to The Hollywood Reporter. She also wore four rings from the jeweler dripping with more than 73 carats of diamonds, creating a look fit for a queen.


Beyoncé’s Hair & Makeup Team

Cost: The triple digits…maybe even more


Beyoncé knows that skimping on one’s haircut is never in style. Hairstylist Kim Kimble first started working with Beyoncé in 2001 and more recently is the styling mastermind behind her 30-foot braids in the “Black is King” visual album, according to PopSugar. But her services don’t come cheap: A designer cut at Kimble’s salon costs up to $150 and creative color services start at $185. But you know Beyoncé isn’t going to a salon or being worked on by an associate.


Beyoncé’s makeup is always flawless thanks to her longtime makeup artist Sir John, who also serves as a Consulting Celebrity Makeup Artist for L’Oreal Paris. Sir John’s rates aren’t publicly available, but he’s worked with several other A-listers, including Kim Kardashian, so his services likely don’t come cheap.


Beyoncé’s Cars

Cost: $3 million


Queen B has an appreciation for vintage when it comes to cars. Beyoncé has a wide selections of cars to choose from, but her favorite is reportedly a 1959 Rolls-Royce Silver Cloud II convertible, reportedly worth $1 million, the Daily Mail reports.


Mrs. Carter apparently spares no expense on her family’s expanding automobile collection, either, as she also purchased a $2 million Bugatti Veyron Grand Sport for husband Jay-Z for his 41st birthday, Fox News reports.


In 2018, Page Six revealed Jay-Z spent $8 million on a Maybach Exelero. While these luxury vehicles offer a glimpse at the couple’s fleet, a 2019 HotCars.com article listed 15 high-end rides in their garage, including a Mercedes-Benz S Class and a Cadillac Escalade that reportedly belong to Beyoncé.


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