Beyonce is reportedly showing interest in becoming part of an ownership group to bid on her hometown Houston Rockets following a decision by team owner Leslie Alexander to sell the NBA franchise.
Beyonce and Jay Z are worth over a $1 billion dollars, making them the richest couple in entertainment. Their combined net worth keeps growing, thanks to Jay Z’s business acumen. Jay has invested in a lot of companies which have paid off.
Most recent investments were Tidal and Ace of Spades. Now, it appears his wife, and superstar Beyonce, is borrowing a leaf from his ”business book”’.
On Tuesday, Scott Soshnick of Bloomberg reported Beyonce could be an asset to interested parties by adding “superstar sizzle to any ownership group, likely helping the team with local and international marketing.”
Last month, Alexander confirmed his intention to end his tenure as owner of the organization, which began in July 1993.
“It’s been my great joy and honor to own the Houston Rockets for the past 24 years. … I’ll always have a special place in my heart for the fans, partners, city officials and employees who care so deeply for this team. I’ve made this decision after much deliberation with my family and friends, and do so knowing the franchise is in great shape with the players, coaches and management team in place. CEO Tad Brown will oversee the sales process with the league office, supported by my management team.”