Global music icon Beyoncé Knowles-Carter has officially joined the billionaire club. According to Forbes, the award-winning singer, songwriter, and entrepreneur is now worth over $1 billion, making her the fifth musician in history to reach the milestone.

The announcement, which surfaced online within the last 24 hours, confirms that Beyoncé’s wealth comes entirely from her music, touring success, and business ventures, not inheritance. Forbes’ recognition has since ignited massive reactions across social media, with fans celebrating the singer’s long-standing influence and work ethic.

Beyoncé joins an elite group of musicians who have crossed the billion-dollar mark, including Jay-Z, Rihanna, Taylor Swift, and Bruce Springsteen. With this achievement, she further cements her status as one of the most successful and powerful figures in global entertainment.

Forbes attributed Beyoncé’s billionaire status to several income streams. A major contributor is her record-breaking world tours, particularly her recent global runs which generated hundreds of millions of dollars. In addition, her music catalogue ownership, film projects, brand endorsements, and business investments have played a significant role in growing her net worth.

Industry analysts also point to Beyoncé’s ability to maintain relevance for over two decades while evolving creatively as a key factor behind her financial success. Unlike many artists, she has retained strong control over her brand and creative output, allowing her to benefit directly from her work.

The news has been widely shared by international and Nigerian media platforms, with many fans describing the moment as “long overdue.” Others praised Beyoncé for becoming a billionaire on her own terms, highlighting her consistency, discipline, and business intelligence.

As one of the most decorated artists of all time, Beyoncé’s latest milestone goes beyond music. It represents years of strategic decisions, global impact, and cultural dominance.

With Forbes’ confirmation, Beyoncé now stands not just as a music legend, but also as one of the most financially successful entertainers in modern history.