This year we have been blown away by Beyoncé! Even those of us that are not a part of the BeeHive. Formation even had the men checking for more than just her beauty. Outside of giving us good music we also know Bey is a business woman. Although Beyoncé is very tight lipped about everything from her family to her business she is making big moves, moves that helped her generate more income than her like-minded husband Jay Z. This July, Forbes reported that Beyoncé had a slight edge over Jay bringing in $54 million compared to his $53.5 million.
Her expansion into the business realm is intriguing and inspiring. Beyoncé has taken her business ideas and hired an experienced team to put her plans in motions. Steve Pamon was head of J.P. Morgan’s sport and entertainment marketing is now the COO of Parkwood and Peter Thea a music veteran from Warner Bros. Records is managing artist at Parkwood Entertainment.
On top of the Ivy Parks athletic wear and the hot new singing duo Chloe x Halle, Beyoncé has also developed a partnership with WTRMLN WTR. When most celebrities are just endorsing products Beyoncé invested capital and formed a partnership.
After completing her last album for Columbia Records and going out with a bag with “Lemonade” it will be exciting to see what develops from Parkwood Entertainment.
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