Beyonce’s daughter Ivy Blue has just become one of the eight richest children in America with a fortune of $500 million.
Jay Z and Beyonce are currently the most powerful couple in Hollywood both in terms of music and business. In 2018, Beyonce’s net worth was $355 million and Jay-Z’s was $900 million but in October 2020, Forbes reported the singer’s equity had grown to $420 million and the male rapper hit the $1 billion mark. Currently, their combined net worth is around $1.8 billion. Jay-Z’s current portfolio includes funds in Uber and Space-X and recently sold his Champagne brand Armand de Brignac to LVMH for around $630 million.
However, the special feature of the couple is their eldest daughter Blue Ivy Carter (9 years old), who currently owns a fortune of 500 million USD. In the world, anyone with money is almost willing to give it to their children but the masterpiece Jay-Z and Beyonce created is wealth for their daughter without giving her a dime.
Jay-Z Beyonce and her daughter Blue Ivy attended the 2018 Grammy Awards. She became the focus of media attention anytime, anywhere. Photo: Kevin Mazur
The powerful couple invests in their daughter in the music industry, which is the couple’s forte. At the age of 4, Blue Ivy appeared on Jay-Z’s album “4:44” where she showcased her rapping skills by performing the song Blue’s Freestyle. The performance was so impressive that Jay-Z ordered an animated video to simulate her. Photo: Beyonce.com
Blue Ivy also showcased her vocal talents by performing an audiobook version of Hair Love, and teamed up with her mother to create Brown Skin Girl, a song from the 2019 soundtrack album for The Lion King: The Gift. won many awards. Photo: Beyonce.com
Every time Ivy’s songs are streamed on Spotify or purchased from the iTunes app and used for commercial purposes, she will have money to accumulate in the piggy bank. Before the age of 10, Ivy had such a large royalty income and became one of the eight richest children in America with an income of hundreds of millions of dollars, up to now, about 500 million dollars. This source of profit will last forever for her. Photo: Beyonce.com
According to experts, this success from an early age of Ivy helps her in the future to become a big star. Edwin Cheung, vice-president of development at the Hong Kong Institute of Financial Planning, said that starting an investment at a young age has a huge advantage in terms of time and creates a dual effect. Just starting five years earlier can make a big difference in long-term returns. Additionally, getting started early can help eliminate market swings and allow investors to take on more risk for potentially higher long-term returns. Photo: Thecut
A single $10,000 investment at age 20 will grow to over $70,000 by the time the investor is 60 years old, based on 5% interest. That $10,000 investment if moved to age 30 will yield about $43,000 at age 60, and starting at age 40 will only return $26,000 by age 60. The longer money is used, the more money is generated. Blue Ivy seems to be making the most of this approach by starting 20 years ahead of everyone else. She has to thank her parents for that. Photo: Beyonce / Instagram
As the daughter of a celebrity, Ivy also has an outstanding fashion sense. Referring to the little girl, one cannot help but mention the overflowing wardrobe. Ivy’s number of outfits outstrips most people, at every level, when at the age of 3 she wore a Dior to the Grammy Awards. Photo: Robert Kamau
Every time I appear in front of the media, Ivy always impresses with beautifully coordinated outfits in both design and color. Pictured are mother and daughter at the launch event of The Lion King with Alexander McQueen brand clothes Photo: Alberto E.Rodriquez
Being the daughter of a powerful star couple
