Beyonce’s Renaissance World Tour could surpass Taylor Swift’s phenomenally successful Eras Tour by a whopping $600 million, Forbes has revealed.
The Crazy In Love hitmaker, 41, will embark on her first solo tour in seven years at Friends Arena in Stockholm on May 10. daily turnover of two million.
However, Queen Bey’s 41-date tour, which concludes in North America in September, could bring in between $275 million and $2.57 billion in tickets alone — crushing The Eras Tour’s $1.9 billion expectation. .
Therefore, billionaire Beyonce could earn almost $2.2 billion from the tour, $600 million more than the $1.6 billion Swift could earn,
The estimates are based on an expected large number of ticket buyers and high average ticket prices of around $700, the publication reports.
Wow: Beyonce’s Renaissance World Tour could surpass Taylor Swift’s phenomenally successful Eras Tour by a whopping $600 million, Forbes has revealed (Beyonce pictured Feb.)
Iconic: 33-year-old Swift’s 52-date concert tour broke Ticketmaster records selling two million in one day (Swift pictured on stage on May 7)
VIP packages for the tour range from $3757 to $5000.
The estimate is also based on artists taking in a large portion of the merchandise’s revenue, keeping them 80 percent of tour revenue, minus expenses.
Beyonce released Renaissance in July 2022, her seventh studio album with the hit Break My Soul.
The album won the Grammy for Best Dance/Electronic Album in February.
Beyoncé’s last solo tour was the Formation World Tour in 2016 in support of her sixth album, Lemonade – in 2018 she went on the On The Run Tour with her husband, Jay-Z.
As with previous tours, Beyoncé will also make her mark offstage with BeyGOOD, the initiative she founded in 2013 to support people and programs around the world.
In several cities throughout the tour, BeyGOOD will support entrepreneurs through Black Parade Route luncheons, celebrating small business owners, awarding grant opportunities, and a foray of services with global partners to promote corporate sustainability.
One thousand small businesses will be supported with a pledge, while BeyGOOD will also support students through scholarships that will be given to colleges and universities in ten different cities during the tour.
Unbelievable: Queen Bey’s 41-date tour, which concludes in North America in September, could bring in between $275 million and $2.57 billion from tickets alone — beating The $1.9 billion expectation from The Eras Tour crushes
She is back! Beyoncé returned to the stage for her first concert in four years when she performed in Dubai earlier this year
Each school is awarded one hundred thousand dollars and selects the recipients from the students.
BeyGOOD’s total scholarship commitment during RENAISSANCE WORLD TOUR will be one million dollars.
The world tour comes after Beyoncé returned to the stage with a grand performance in Dubai, her first concert in four years.
The musical icon took the stage to celebrate the opening of the new luxury hotel Atlantis The Royal, which managed to attract a bevy of international stars.
Despite the event’s high profile, the hitmaker attempted to handle publicity by banning recordings and forcing attendees to lock their phones prior to the show.
Still, a few intrepid attendees managed to keep their cameras clear and share videos of Beyoncé airing her hits, including Halo.
According to TMZ, she was reportedly paid $24 million for performing at the luxury resort for the invitation-only concert.
The concert in Dubai is Beyonce’s first live performance since she appeared in 2020 during a tribute to the late Kobe Bryant and his daughter Gianna.
Her rendition of Be Alive from the movie King Richard at the 2022 Oscars ceremonies was taped.
Fans had hoped Renaissance’s long-awaited release meant a tour was in the offing.
There is also an opportunity for some very special guests to join her.
In compiling the album, she enlisted the help of artists such as Drake, Pharrell Williams, The-Dream, Skrillex – and none other than her own husband Jay-Z.
The dance-heavy album contains 16 tracks, including the previously released single Break My Soul, which came out last month.
The other 15 other songs are: I’m That Girl, Cozy, Alien Superstar, Cuff It, Energy, Church Girl, Plastic Off the Sofa, Virgo’s Groove, Move, Heated, Thique, All Up in Your Mind, America Has a Problem , Pure/Honey and Summer Renaissance.
There could be potential for more shows in the future, as Beyonce previously described the album as a “three-act project.”
In her note, she reiterated that the album’s creative process took three years and worked in detail during the pandemic, calling it a “time to be quiet, but also one that I found most creative”.
She continued, “Making this album gave me a place to dream and escape during a scary time for the world.
“It allowed me to feel free and adventurous in a time when little else was moving.
“My intention was to create a safe place, a place without judgment, a place to be free from perfectionism and overthinking.
‘A place to scream, to let go, to feel freedom. It was a beautiful journey of discovery.’
Renaissance debuted at number one on the Billboard 200 albums chart, marking the best-selling week by a female artist this year, and the second best-selling of the year.
It sold 332,000 equivalent album units in the week through August 4, Billboard reported, citing statistics from Luminate.
The album was the first by a female artist to top the Billboard 200 this year, as the last female artist to achieve the feat was Adele with her album 40 last December.
The record topped the chart for its first six weeks, from December 4, 2021 through January 8, 2022.
Renaissance is Beyonce’s first solo studio album since her seminal 2016 visual album Lemonade, in which she famously confronted the questions surrounding her marriage to Jay-Z and his fidelity.
Beyonce and Jay-Z have been married since 2008 and have welcomed three children into the world: Blue Ivy, 10, and twins Sir and Rumi, five.
Beyonce has released four albums since 2016’s Lemonade, though none of them were solo studio efforts.
In 2018, she dropped Everything Is Love, with Jay-Z under the moniker The Carters.
In April 2019, she released Homecoming, an album that accompanied her 2018 headlining performance at Coachella.
She followed that summer with The Lion King: The Gift, a companion album to the Disney movie featuring several new Beyonce songs (a deluxe edition of that album with three additional songs was released a year later).