Beyoncé went from Destiny's Child to a business mogul worth hundreds of millions by owning her master recordings and building companies like Parkwood Entertainment and Ivy Park. The lesson: wealth comes from owning assets that generate income, not from paychecks alone.
Chapters
Beyoncé Knowles turns 45 today. Born in Houston, Texas, the lead singer of Destiny's Child, but oh my gosh, so much more famous than that. Solo Grammy record holder, business empire including Parkwood Entertainment, Ivy Park, with— in partnership with Adidas. Her estimated net worth is in the hundreds of millions of dollars. Married to Jay-Z. Financial lessons from Beyoncé is own the master. Beyoncé is famous for demanding ownership of her masters. And her production. In an industry where artists sign away their upside, she said no. This is the one-page plan for creatives, athletes, and business owners. You do not build wealth by earning the paycheck. You build wealth by owning the asset that produces the check.