Beyoncé Reportedly Secures $300 Million After Well-Calculated Investment
For everyone who’s still sleeping on Beyoncé, it’s time for you to wake on up! Queen Bey is one of the most financially savvy women in the game, and she just reportedly came up $300 million.
According to Yahoo! Finance, Beyoncé was offered $6 million to perform for a corporate Uber event in Las Vegas, four years ago. However, instead of accepting cash, Beyoncé required payment in company equity.
“The idea was that there would be a time in the future in which Uber would go public and the value of her stock would make that $6 million fee look like the equivalent of the change in your sofa’s cushions,” Mercury News mentions in its report.
Well, just last Friday, Uber — indeed — went public on the New York Stock Exchange…
“With an $8.1 billion IPO (Initial Public Offering), the shares initially went for $45 each — marking one of the biggest tech IPOs in recent history,” Yahoo! Finance reports. “And Beyoncé isn’t the only celebrity who got in before the general public got their hands on the tech giant’s stock. Early investors include such celebrities as Ashton Kutcher (who invested all the way back in 2011), Gwyneth Paltrow, Bey’s husband Jay-Z, Olivia Munn, and Leonardo DiCaprio.”