Beyonce‘s Renaissance World Tour could outearn Taylor Swift‘s phenomenally successful Eras Tour by a whopping $600million, Forbes has revealed.
The Crazy In Love hitmaker, 41, will begin her first solo tour in seven years on May 10 at Stockholm’s Friends Arena – with the star set to do battle with 33-year-old Swift’s 52 date concert tour, which broke Ticketmaster records with single day sales of two million.
However, Queen Bey’s 41 date tour, which ends in North America in September, could gross between $275 million and $2.57 billion from tickets alone – which smashes The Eras Tour’s $1.9billion projection.
Therefore, billionaire Beyonce could make nearly $2.2 billion from the tour, $600million more than the $1.6 billion Swift could earn,
The estimates are based on projected high numbers of fans buying tickets and high average ticket prices of around $700, the publication reports.
VIP packages for the tour range from $3757 to $5000.
The estimate is also based on artists raking in a huge share of merchandise proceeds, leaving them with 80 per cent of tour revenues, minus expenses
Beyonce released Renaissance, her seventh studio album containing the hit track Break My Soul, in July 2022.
The album won the Grammy for Best Dance/Electronic Album in February.
Beyoncé’s last solo tour was the Formation World Tour in 2016 to support 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 make her mark offstage, too, with BeyGOOD, the initiative she founded in 2013 to support people and programs around the world.
In various cities throughout the tour, BeyGOOD will support entrepreneurs through Black Parade Route luncheons, celebrating small business owners, with grant opportunities being awarded and a foray of services with global partners to promote business sustainability.
One thousand small businesses will be supported with a commitment, while BeyGOOD will also support students through scholarship funds that will be given to colleges and universities in ten different cities along the tour.