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.
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.