Beyoncé’s Renaissance World Tour projected to reach $500m

Featured Image: The Renaissance World Tour

Beyoncé’s Renaissance World Tour is rocketing towards the $500m (£392m/€454m) total grosses mark, according to new projections from Billboard.

The latest Billboard Boxscore figures from the singer’s recent shows in the US and Canada through August 1 show that she earned $141.4m on the first 12 shows. A total of 553,000 tickets were sold. 

Beyoncé’s European leg, which amounted to more than $150m, was the biggest non-US leg of any of her previous tours.

This means that the tour’s overall figures now stand at $295.8m and 1.6 million tickets sold. 

It also means that the Renaissance World Tour is now Beyoncé’s highest grossing tour yet, exceeding The Formation World Tour in 2017 and 2018’s On The Run II Tour alongside husband Jay-Z, which totalled $256.1m and $253.5m, respectively. 

However, Beyoncé’s Formation World Tour is still higher in terms of ticket sales which amounted to 2.2 million tickets. There are still 23 shows left to report, with Billboard expecting a further one million ticket sales to bring the total to 2.6 million. 

Billboard initially projected the tour to reach between $275m and $300m, before changing this to $380m. To reach this figure, Beyoncé would need to earn $7m per show, but the singer has earned much more on than this on average, so far. 

The 12 reported North American dates paced $11.8m and 46,100 tickets sold for each night. Billboard reported that grosses swung as high as $33.1m over two shows in East Rutherford, New Jersey, and as low as $6.5m in Louisville, Kentucky. 

To reach the $500m mark, the Renaissance World Tour will have to gross at least $8.9m per show for the remaining 23 shows. 

At $10m per show, Beyoncé will reach $525m, which would be enough for the Renaissance World Tour to be one of Billboard Boxscore’s 10 highest grossing tours ever. If the singer maintained the current $11.8m per show, totals would reach $560m.