Beyoncé has officially reached billionaire status, Forbes reports.

She is the fifth musician to ever hit the milestone, joining her husband, Jay-Z, as well as Taylor Swift, Bruce Springsteen and Rihanna.

Beyoncé, the most decorated artist in Grammys history, has had major success in recent years.

In 2023, her 39-city, 56-show Renaissance tour made more than $500 million and drew more than 2.7 million concertgoers.

Her "Renaissance: A Film by Beyoncé" topped the box office during its opening weekend in December 2023, grossing $21 million.

In 2024, she released the country album "Cowboy Carter," which was named album of the year at the 2025 Grammys, where she took home three awards.

The "Cowboy Carter Tour" grossed more than $400 million, making it the highest-grossing country tour in history, according to Pollstar.

But her success extends much further back.

In 1990, a 9-year-old Beyoncé formed the singing-rapping girl group "Girl's Tyme," which became known as "Destiny's Child."

In 1999, the group won two Grammys for its album "The Writing's on the Wall."

The group eventually split, and Beyoncé pursued an incredibly successful solo career.

In 2003, she released her first solo album, "Dangerously in Love," which dominated charts worldwide.

Beyoncé founded Parkwood Entertainment in 2010, which gives her control over almost every aspect of her music career in-house, according to Forbes.

Beyoncé’s company "produces all of her music, documentaries and concerts, fronting most of the production costs in order to capture more of the back-end economics," it said.