Jay Z and Beyonce's collective net worth has now exceeded over $1 billion.

The power couple achieved the billion dollar milestone after Forbes listed Beyonce's wealth at $350 million as part of their list of America's Wealthiest Self-Made Women.

Jay Z and Beyonce's combined total of $1.16 billion comes in with the rap mogul placing second on Forbes' Richest in Hip-Hop list with $810 million.

The pair's wealth is attributed to their lucrative music careers which have included multiple tours, clothing lines and their stake in streaming service Tidal. In January, Sprint bought a 33% stake in Tidal worth around $200 million.

Recently, Jay Z inked a new 10-year deal with Live Nation that is also valued at $200 million. The deal allows Live Nation to exclusively produce and promote Jay Z's concerts for the foreseeable future.