Jay-Z Is the First Billionaire Rapper

JAY-Z has become hip-hop’s FIRST billionaire rapper.  And he might have more.  A “Forbes” report says $1 billion is a conservative estimate.

In addition to music, Jay-Z’s empire includes liquor, art, real estate, and stakes in companies like Uber.  And he’s done it all in less than 25 years.

Here’s a rough breakdown:

$310 million for Armand de Brignac champagne

$220 million in cash and investments, including a $70 million stake in Uber

$100 million for D’Usse cognac

$100 million for Tidal

$75 million for Roc Nation

$75 million for his music catalog

$70 million art collection

$50 million in real estate

He’s self-made . . . he grew up poor in Brooklyn’s notorious Marcy housing projects, and he was a drug dealer before becoming a musician.

https://www.forbes.com/sites/zackomalleygreenburg/2019/06/03/jay-z-billionaire-worth/#497a3133a5f0

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