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Updated…

We’re actually surprised it took this long.

The Mrs. Carter World Tour and deals with H&M and Pepsi have pushed Bey and Jay up over the billion-dollar mark, making them, collectively, the first billionaires in music. So classifying them as “rich” doesn’t even begin to sum up the phenomenal sums of money in their possession. We’ve reached Oprah/Bill Gates/Warren Buffet territory.

According to Glamour in the UK (which sourced its story from the International Business Times), Beyonce is making $116 million from The Mrs. Carter tour. And besides the two aforementioned deals, she’s also the spokeswoman for L’Oreal and has served as a face of Tommy Hilfiger. Jay-Z has Roc Nation, which has forged a number of companies. Actually, because of his latest business, Roc Nation Sports, a sports management agency, he has had to sell his stake in the Brooklyn Nets. He owned less than one percent of the team, but the association between the two brands has been tremendous.

“For Roc Nation Sports to function at its full potential, NBA rules stipulate that I relinquish my ownership in the Brooklyn Nets,” said Jay in a statement available on XXL. Roc Nation Sports has already signed New York Yankee Robinson Cano.

Finally,he’s got his own concert tour, which is raking in big bucks for tickets.

Not a surprising development, but a milestone nonetheless. If they keep this up, they actually will have their own kingdom soon.

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