Beyoncé named Forbes' Most Powerful Celebrity

MGN Online
Tuesday, July 1, 2014 - 10:01am

Queen B is music royalty for a reason. Beyoncé has been named Forbes' Most Powerful Celebrity of the year. The singer knocked Oprah Winfrey from the number one spot.

Forbes annual celebrity 100 list ranks the world's hottest stars based on money and fame. Beyoncé is not the top earner on the list, but her A-list status propelled her to number one. The singer raked in 115 million dollars between June 1, 2013 and June 1, 2014. Forbes attributes most of the earnings to her popular Mrs. Carter Tour.

According to Pollstar, it brought in an average of 2-point-4 million per stop on the 95 show tour. She also earns millions from endorsing companies, like H&M and Pepsi.

Lebron James landed in the number two spot on the list. Doctor Dre comes in at number three, thanks to Apple's purchase of his Beats Headphones. Oprah Winfrey dropped to fourth place and talk show host Ellen Degeneres rounds out the top five.

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