Quantcast
RELATED

A key way to build generational wealth is to have multiple streams of revenue, and judging by Beyoncé'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 Beyoncé 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 Bey, are in for a big payout in lieu of the company's IPO.

Getty Images

It was reported that years ago, Beyoncé 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 Beyoncé'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 Beyoncé proved this fact when she turned down a major deal with Reebok last month, and her reason why was perfect. According to sources, Beyoncé 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 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 Beyoncé -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, Beyoncé 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 signing 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. Beyoncé'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.

 

RELATED

 
ALSO ON XONECOLE
Luxury Hairstylist On Viral 'Hey Boo' Texts & Professionalism In The Hair Industry

As Black women, our hair is our crowning glory - whether we paid for it or not. We take pride in how we wear and take care of our hair. As with everything, hair care and hair styling have evolved over the years. Long gone are the days of Blue Magic (although I hear it’s making a comeback).

Now, we have a plethora of creams, oils, conditioners, shampoos, and stylists to choose from. Beyond wearing our natural curls, we have a range of options, from wigs and sew-ins to tape-ins, I-tips, and K-tips. So much choice! But you know what they say about too much of a good thing...

KEEP READINGShow less
This Valentine's Day, Get Into Some Really Sexy 'Erotic Kissing'

Recently, a client and I were discussing the fact that she really missed her husband. Yes, they are together and yes, they share the same home and bed. They even have a pretty consistent (and fulfilling) sex life. The issue is that she is missing a certain kind of intimacy: kissing.

As I asked her to expound further, she basically said that, with both of their schedules being so tight, and with them also both knowing “which buttons to push” in order to get each other off, they hadn’t been losing themselves in foreplay like they used to — and one of her favorite parts of that is kissing. I get it. Kissing is endearing. Kissing is romantic. Kissing is also sexy AF. Few things can compare to a really good kiss, y’all. Whew.

KEEP READINGShow less
LATEST POSTS