Beyonce's Uber IPO Explained

HipHop News Posted on May 16, 2019 at 3:39am

Beyonce's Uber IPO Explained

May not be $300 million, but it's still a win.

Beyonce would have received a $6 million restricted Uber stock of approximately four years.

With the company recently making its actions public there has been strong claims surrounding Bey's current the value of the investment — the sum of $300 million — floating in social media. However, while the Queen Bey is one of the connoisseurs of the early investors in the ride-sharing service, she is not as rich as some believe..focused on the ad {

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The Grammy Award-winning megastar initially accepted the stock in lew of a rate of return, after singing in a Super corporate event. The company went public on the New York stock exchange on May 10 and a rumor is circulating that Bey's investment is now worth $300 million.

After the verification of some fact, the real number is identified close to $9 million.

Beyoncé performed for Uber in 2015 and instead of accepting his $6m paycheck, she asked to be paid in shares, today it is a valu

[via]


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