Last week Uber went public and apparently that’s good news for Beyonce.
People Magazine reports that Bey received $6 million in restricted stock units (RSUs) from Uber co-founder Travis Kalanick to perform at an event. That’s what she meant when she said to pay her in equity in “Apesh*t” featuring her husband, JAY-Z.
With the IPO, Queen Bey is estimated to profit $300 million from her shares. MarketWatch calls Uber’s IPO, “the biggest in years” and that the company “raised more than $8 billion,” although it fell short of its projected $100 billion.
Beyonce has proven time and time again that she’s really better than the hype. Yonce and Hov have been relationship goals for over a decade, not because of their love but because of their empire and legacies. Together they have become Hip Hop’s first billionaire couple through several investments, income, and endorsements.