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Beyonce Just Made $300 Million Thanks To Her Investment With This Rideshare Company ​

Beyonce Just Made $300 Million Thanks To Her Investment With This Rideshare Company ​

Beyonce

A key way to build generational wealth is to have multiple streams of revenue, and judging by Beyonce's hustle over the past few years, there's gone be a lot of brown children on the Forbes list one day.


Inside Edition released a report that revealed Beyonce recently had a $300 million come-up thanks to America's first major peer-to-peer rideshare company. Last Friday, Uber went public and made stocks available on The New York Stock Exchange, but early investors, including celebrities like Ashton Kutcher, Leonardo DiCaprio, Jay-Z, and of course Queen Bee, are in for a big payout in lieu of the company's IPO.

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It was reported that years ago, Beyonce performed at a private Uber event and was paid in stock instead of her usual $6 million dollar performance fee, and the time has now come to cut the check. We can all take a page out of Beyonce's Book of Business when it comes to creating lucrative relationships, but in the past, she's also taught us all some powerful lessons about the power of saying "no".

All money ain't good money, and Beyonce proved this fact when she turned down a major deal with Reebok last month, and her reason why was perfect. According to sources, Beyonce walked in the room, took one look around to find that there was a blatant lack of melanin in the atmosphere, and dipped. ESPN writer Nick DePaula explained:

"She had a meeting at Reebok and they had a whole presentation of everything, potential products, how this could all look. And she kind took a step back and said, 'Is this the team that will be working on my product?' Somebody said 'yes.' And she said, 'Nobody in this room, reflects my background, my skin color and where I'm from and what I want to do.' So she kind of took a step back and left. And then it did not come to terms."

It's one thing when you're able to invest in your own future, but it takes a real mogul to make room at the table for others who may not have have been otherwise given the opportunity, and that's what makes Bey the queen. Periodt.

Because of her intuitive belief in Uber, Bey has now multiplied her $6 million investment by nearly 50 times; and the key lesson here is that a Queen never puts all her eggs in one basket. Since the age of 18, Bey has secured deals with Pepsi, L'Oreal, Giorgio Armani, and at one time, sis was even collaborating with a tech company on a Beyonce-themed video game.

The entertainer is currently a co-owner of her husband's streaming company, TIDAL, sole owner of Ivy Park , a mother of three, and still maintains her own career all while being the venture capitalist role model that we didn't know we needed.

Along with her latest check from Uber, Beyonce also secured a bag from Adidas to be their latest "creative partner", a venture that caused the company's stock to rise 1.5% after announcing their partnership, and signed a three-project deal work $60 million with Netflix that has already proven to be insanely successful.

Now that's what I call an undercover boss. Bey may make a lot of her deals in silence, but the capital she's earned as a result of her "F U Pay Me" mentality speaks much louder. Beyonce's consistent and wildly lucrative money moves prove that real bosses don't just make money, they make investments.

Take notes, ladies.

Featured image by Getty Images.

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My knee-jerk reaction, of course, comes from years of watching film and TV that have exploited Black trauma onscreen and were created with little (if any) consideration for what could emotionally trigger the Black audience. The 1955 murder of Emmett Till is so heartbreaking and inherently violent; would this film make us live through that violence on screen?

Fortunately, no!

This week, before watching Gina Prince-Bythewood's incredible The Woman King, a featurette for Till played in place of a trailer and it soothed my fears.

"There will be no physical violence against Black people on screen," the film's award-winning director and co-writer Chinonye Chukwu says in the featurette. "I'm not interested in relishing in that kind of physical trauma. We're going to begin and end in a place of joy," she says.

Starring Danielle Deadwyler (whose heartfelt performance on HBO's Station Eleven stole the show) as Mamie, Till is a celebration of Mamie's tireless activism which sparked the civil rights movement that continues today and ultimately culminated in President Biden signing the Emmett Till Anti-Lynching Act into law just a few months ago in March 2022. "Mamie Till Mobley is a hero," says Alana Mayo, president of Orion Pictures, the production company behind the film. "I'm really, really committed to making movies not just by us, but for us," Mayo says in the featurette.

After a private screening of Till, this week, Trayvon Martin's mother, Sybrina Fulton, tweeted that the film was "#Powerful" and "a must see."

Mamie's story of courage in the face of unspeakable tragedy deserves to be told--especially as we continue the fight for civil rights today. Knowing that the Black filmmakers behind the film are centering Black joy and aiming for our empowerment through the film makes a world of difference.

TILLis in theaters October 14.

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