Featured Posts
Recent Posts
December 10, 2019
November 15, 2019
November 7, 2019
November 4, 2019
October 30, 2019
October 24, 2019
October 24, 2019
Search By Tags
Follow Us
JAY-Z Is Hip Hop’s First Billionaire Here Is How He Did It
June 6, 2019
JAY-Z is officially the first billionaire rapper.
For years, Diddy and JAY-Z have been going neck on neck in their race to a billion dollars net worth, until Dr. Dre joined them two years ago. Forbes is now reporting that Hov is the first hip hop artist to cross the billion-dollar mark and the rap titan did it through a plethora of business investments, touring, and music sales. His empire includes investments in art, liquor, real estate, and other investments.
Back in 2007, JAY-Z sold his clothing brand Rocawear to Iconix for $204 million. His current assets includes $310 million in Armand de Brignac champagne, investment in TIDAL worth $100 million, $75 million from Roc Nation, his music catalog is worth $75 million, he has $70 million in art collection, $50 million in real estate, and $220 million investment in Uber. JAY-Z’s real estate holdings include a $88 million Bel-Air estate and a $26 million East Hampton mansion.
Tags:
