Variety has confirmed Janet Jackson, Billionaire at age 47 is officially joining the billionaire's club.

The youngest of the Jackson family is undoubtedly successful in her chosen field of work. The 47 year old songstress, Janet Jackson known for her hit singles like That's the Way Love Goes,Miss You Much, Scream and All for You, has sold over 7 million copies with her fifth album Janet and claimed six spots on the Billboard Hot 100 singles. The music industry celebrated her 20th anniversary last May 18.The billionaire superstar started in the business during the early 1970s. With pure talent and dedication, she became a pop icon, following the footsteps of the King of Pop and her brother, the late Michael Jackson.

The pop and R&B superstar, Janet Jackson billionaire at 47, has gathered over $500 million from tour sponsorships and sold-out tours around the world. Awhopping $260 million fortune came from sales of her hit albums Control (1986), Janet (1993) and Rhythm Nation 1814 (1989), while another $81 million was earned from music and publishing fees. The singer is also known for her roles in the big-screen hits like The Nutty Professor and For Colored Girls and gained her another $304 million.

However, the pop superstar isn't the only billionaire in the household. Her husband Wissam Al Mana is also fortunate in his career as a retail tycoon, who invested his fortune in the Middle East. The billionaire couple have been married since 2012 in a private ceremony, Jackson announced February this year.

Janet Jackson, billionaire, is now part of the exclusive line up of celebrity billionaires including Madonna, Oprah Winfrey, George Lucas and Steven Spielberg. She revealed in an interview last week with Billboard that she's working on a new album and is currently thinking of a concept theme for it. We can look forward to more music from the singer in the future.