Forbes has reported that Beyonce's Renaissance World Tour may surpass Taylor Swift's successful Eras Tour by an astonishing $600 million. The Drunk In Love singer, who is set to embark on her first solo tour in seven years starting on May 10 at Stockholm's Friends Arena, will go head to head with Taylor Swift's 52-date concert tour.
Ticketmaster records by selling two million tickets in a single day. However, Beyonce's 41-date tour, ending in North America in September, could earn between $275 million and $2.57 billion from ticket sales alone, surpassing The Eras Tour's projected $1.9 billion.
According to Forbes, Beyonce's Renaissance World Tour could earn up to $2.2 billion, outpacing Taylor Swift's Eras Tour projection of $1.6 billion by $600 million. The tour, which starts on May 10 in Stockholm and ends in North America in September, is expected to gross between $275 million and $2.57 billion in ticket sales alone, based on high projected attendance and average ticket prices of around $700.
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VIP packages for the tour range from $3,757 to $5,000. Beyonce's BeyGOOD initiative will also support small businesses and students throughout the tour, with grants and scholarships awarded in various cities. Beyonce's last solo tour was the Formation World Tour in 2016, and she most recently released her seventh studio album, Renaissance, in July 2022.
These figures are based on projected ticket sales and high average ticket prices of around $700, with VIP packages ranging from $3757 to $5000. The estimates also assume that artists receive 80% of tour revenues, minus expenses, including a significant share of merchandise sales.
In July 2022, Beyoncé released her seventh studio album, Renaissance, which features the hit track "Break My Soul." The album won the Grammy Award for Best Dance/Electronic Album in February 2023. Beyoncé's last solo tour was the Formation World Tour in 2016, which supported her sixth album, Lemonade. In 2018, she went on the On The Run Tour with her husband, Jay-Z.
In line with her previous tours, Beyoncé plans to make a positive impact offstage as well, through her initiative BeyGOOD, which she founded in 2013 to support people and programs around the world.
As part of the Renaissance World Tour, BeyGOOD will be providing support to entrepreneurs in several cities through Black Parade Route luncheons, which will celebrate small business owners and offer grant opportunities, as well as a range of services in partnership with global organizations to promote business sustainability.
BeyGOOD has pledged to support one thousand small businesses, and will also be offering scholarship funds to colleges and universities in ten different cities on the tour to support students.
