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Stories about Beyonce and Jay-Z having trouble with money may be old news but the rumors still persist even in the face of the power couple's success. Such stories may be rooted in the fact that publicly, Beyonce and Jay-Z tend to be flashy, with the couple purchasing an $88 million Bel-Air mansion in 2017.
Lately, stories about Jay-Z's music streaming service, Tidal, having problems have been becoming popular. While the performance of the streaming service may truly be subpar compared to the market's leading music-streaming service providers, Hollywood's rumor mill has been using the company's sub-standard performance as evidence that Jay-Z and Beyonce may be in financial pits.
GossipCop debunks the long-running rumor by pointing out that it has now been a year since the publication refuted the stories which claim Jay-Z and Beyonce are frivolously spending their wealth. The publication points out that Jay-Z's initial $56 million investment is now being valuated at $600 million – hardly a growth in investment that can be ignored.
In addition to Jay-Z actually coming out a little financially better with his Tidal investment, he and Beyonce also wrapped up their “On the Run II” tour this October, which has earned them at least $200 million. While the “On the Run II” Tour may not be able to singlehandedly keep Beyonce and Jay-Z's family afloat based on their lifestyle, the “Single Ladies” singer and “Dead Presidents” rapper have at least $1.25 billion worth of combined assets and wealth.
If the following points above are any indication, it leans more towards the fact that Jay-Z and Beyonce are quite financially endowed compared to the claims that they are having trouble with money. It seems fans do not need to worry about Jay-Z and Beyonce living out of soap boxes anytime soon.
