Business

Forbes 2024 Celebrity Billionaires: Jay-Z, Rihanna, Tyler Perry, Kim K Make Top 10, Diddy Out

BY JO Mensah April 4, 2024 12:03 PM EDT
Kim Kardashian and Jay-Z
Kim Kardashian and Jay-Z Photo source: Instagram/@kimkardashian, @cbs

In the latest edition of Forbes’ Celebrity Billionaires List, music icons Jay-Z and Rihanna have been named among the top 10 wealthiest celebrities globally.

The report, released on Tuesday, April 2, 2024, highlighted the significant financial strides made by these artists.

Rihanna, with her billion-dollar brands Fenty Beauty and Savage X, secured the ninth position on the list. Her estimated net worth was a staggering $1.4 billion, reflecting her successful transition from music to business.

Jay-Z, known as Hip Hop’s first billionaire, ranks fifth, with a fortune estimated at $2.5 billion. His net worth includes diverse business and entertainment ventures, investments, and a renowned music catalog. Notably, this figure does not include the net worth of his wife, Beyoncé.

The list also features prominent figures such as Taylor Swift, Magic Johnson, and LeBron James, each with a net worth of $1.2 billion, Kim Kardashian at $1.7 billion, and Oprah Winfrey at $2.8 billion.

Michael Jordan came in with $3.2 billion, Steven Spielberg with $4.8 billion, and George Lucas topping the list with a net worth of $5.5 billion.

Interestingly, Diddy, who became a billionaire in October 2022, is a noticeable omission from the list. Despite being the second wealthiest figure in Hip Hop, he did not make the top 10 this year.

Top 14 richest celebrities in 2024

Below is the full list as released by Forbes Magazine.
1. George Lucas (Director) – $5.5 billion

2. Steven Spielberg (Director) – $4.8 billion

3. Michael Jordan (NBA legend) – $3.2 billion

4. Oprah Winfrey (Media mogul) – $2.8 billion

5. Jay-Z (Rapper and businessman) – $2.5 billion

6. Kim Kardashian (Fashion entrepreneur) – $1.7 billion

7. Peter Jackson (Director) – $1.5 billion

8. Tyler Perry (Director) – $1.4 billion

9. Rihanna (Singer and fashion entrepreneur) – $1.4 billion

10. Tiger Woods (Golfer) – 1.3 billion

11. Lebron James (NBA star) – $1.2 billion

12. Magic Johnson (NBA legend) – $1.2 billion

13. Dick Wolf (Director) – $1.2 billion

14. Taylor Swift (Singer) – $1.1 billion

Jay-Z’s wife Beyoncé inches closer to billionaire status

Meanwhile, latest updates have revealed Beyoncé is inching closer to becoming a billionaire.

According to recent estimations, Beyoncé’s net worth has skyrocketed to an astonishing $800 million, marking a substantial increase from the previously estimated $540 million.

Beyonce named on the list of Most Powerful Women, has amassed her wealth through a multifaceted career spanning over three decades, primarily driven by her phenomenal success in the music industry and her thriving clothing line, Ivy Park, co-founded with Adidas.

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