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Black millionaire: Beyoncé’s fortunes extend well beyond the music

Obviously, a huge chunk of her income (estimated at over $80 million last year) is derived from recorded music sales — by way of discs and downloads. But, her income goes well beyond her recorded music to also include live concert performances, which pay very handsomely and are very well-attended around the globe. Next, you might add in her substantial promotional arrangements with companies like Pepsi (with a new multiyear contract signed that’s been estimated to be worth around $50 million).

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