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