Beyonce’s ‘Renaissance’ Tour to Earn Over Sh30 Billion

HomeNewsBeyonce's 'Renaissance' Tour to Earn Over Sh30 Billion

Beyonce announced the Renaissance World Tour on Wednesday, in support of her seventh studio album Renaissance, which is set to be released in 2022.

The tour, her first in nearly seven years, was first teased in October 2022, when Beyonce auctioned off a ticket to an unspecified show for $50,000. (Sh6.2 million).

Following her announcement, music fans all over the world were eager to learn the ticket prices for the tour, which will begin on May 10 in Stockholm, Sweden, and end on September 27 in New Orleans.

Ticket sales will begin on February 6, with an exclusive presale for BeyHive members, followed by general public sales through Beyonce’s website and Ticketmaster.

Although official ticket prices have not yet been announced, PopBuzz reports that they will range from £56 to £2400 (Sh8,500 to Sh366,000) depending on the option chosen.

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Gold Circle, Standing, Gold VIP Fan Ticket Package, Beyhive VIP Package, and Pure/Honey on Stage Risers Front Row experience are among the options.

You don’t expect to see a ‘common mwananchi’ in the front row, overjoyed after spending Sh360,000.

For starters, this amount can accomplish so much, at least in Kenya. Let us put this in context.

According to the Kenya Economic Survey 2022, the average monthly wage for casuals in the Agricultural sector in rural areas is currently Sh9,014, implying that the concert’s front-row ticket would comfortably settle the wages of around 40 employees.

Nairobi County Budget, Road Repairs

Beyonce’s estimated net worth is $500 million (Sh62.3 billion), and her upcoming tour could earn her up to Sh34.3 billion, according to Billboard Magazine.

Beyonce’s additional Sh4 billion would allow Nairobi Governor Johnson Sakaja to fulfill his promises, as the County Assembly passed the Sh38.3 billion 2022/2023 Appropriation Bill in late 2022.

Items like the School Feeding Programme (Sh400 million) would be handled quickly, possibly through a few ticket sales in major European cities.

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The government distributed Sh32.9 billion (less than what Beyonce will make in the next few months) to road agencies and the Kenya Wildlife Services (KWS), which maintains roads within parks, earlier this week.

The Kenya National Highways Authority (KENHA) will receive Sh12.85 billion from this, while the Kenya Rural Roads Authority will receive Sh10.85 billion.

Simply put, after fixing our roads, the singer would still have around Sh2 billion. Bonkers!

Beyonce, 41, rose to prominence as the lead singer of Destiny’s Child and has since established herself as a solo artist, earning 88 Grammy Award nominations.

She performed at a private show in Dubai on January 21, 2023, her first full concert in more than four years, to an audience of influencers and journalists.

The affair was so private that there was a no-phone policy. The singer is said to have changed into three outfits, including a red corseted jumpsuit and a sheer crystal-encrusted mini-dress.

Her daughter, 11-year-old Blue Ivy, joined her on stage for a sweet shout-out to her family.

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“She announced to the crowd that her mother, Tina Knowles, father, Mathew Knowles, her ‘beautiful husband,’ Jay-Z, and their children, Blue Ivy, Rumi, and Sir Carter, were all in the audience to support her,” according to Variety.

So, how much money do you need to have Queen Bey perform for an hour? According to The Daily Mail, the sum is Sh4.3 billion.

According to reports, she received approximately Sh3 billion for her performance in Dubai.

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