Jay-Z Becomes The First Billionaire Rapper

jay-z billionaire
Jay-Z is the first billionaire rapper (photo – @S_C_

Jay-Z has amassed a fortune since dropping his classic album Reasonable Doubt in 1996.

From platinum albums to Rocawear, to Ace of Spades, Tidal, Roc Nation, Uber, an art collection, real estate and other investments, Forbes announced that Jay-Z now has a net worth north of $1 billion dollars.

Jay-Z has become a music and business mogul and has joined the ranks of business leaders including Jack Welch and Warren Buffett.

His icon status in music, pop culture and wealth is rivaled only by P. Diddy and Dr. Dre at this stage in their careers. All three of which have helped lay the foundation for hip-hop as we know it.

Hova is one of the smartest dudes in the game. Jay-Z was an early investor in Uber, originally investing $3 million dollars in the rideshare app. That investment is now worth $70 million.  It takes foresight and calculated risks beyond lyrics to execute a financial plan at this scale.

His music catalog alone is worth $75 million, Roc Nation is another $75 million, his art collection is worth $70 million and the streaming service Tidal is worth $100 million.

Jay-Z is not only one of the best rappers alive, he is also one of the wealthiest.

READ the full Forbes article.

 

 

 

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