Jay Z and Beyonce's net worth now tops $1B

By Wade Sheridan
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Jay Z (L) and Beyonce arrive on the red carpet at the Costume Institute Benefit at The Metropolitan Museum of Art on May 4, 2015. The power couple are now worth more than $1 billion. File Photo by John Angelillo/UPI
1 of 2 | Jay Z (L) and Beyonce arrive on the red carpet at the Costume Institute Benefit at The Metropolitan Museum of Art on May 4, 2015. The power couple are now worth more than $1 billion. File Photo by John Angelillo/UPI | License Photo

May 18 (UPI) -- Jay Z and Beyonce's collective net worth has now exceeded over $1 billion.

The power couple achieved the billion dollar milestone after Forbes listed Beyonce's wealth at $350 million as part of their list of America's Wealthiest Self-Made Women.

Jay Z and Beyonce's combined total of $1.16 billion comes in with the rap mogul placing second on Forbes' Richest in Hip-Hop list with $810 million.

The pair's wealth is attributed to their lucrative music careers which have included multiple tours, clothing lines and their stake in streaming service Tidal. In January, Sprint bought a 33% stake in Tidal worth around $200 million.

Recently, Jay Z inked a new 10-year deal with Live Nation that is also valued at $200 million. The deal allows Live Nation to exclusively produce and promote Jay Z's concerts for the foreseeable future.

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