Drug dealer cum rapper Jay Z has been named hip-hop’s first billionaire and Mr. Carter couldn’t be happier!! All his efforts have not been in vain.
He was a drug dealer before becoming a musician, starting his own label, Roc-A-Fella Records, to release his 1996 debut, Reasonable Doubt. Since then he’s amassed 14 No. 1 albums, 22 Grammy awards and over $500 million in pretax earnings in a decade.
He realized the power of starting one’s own brand over promoting other’s pretty early on and because of this, here we are today, celebrating his billionaire status.
They say a man is only as good as the woman he chooses to walk this life with and his choice in Superstar Ms Beyonce Knowles worth an estimated $355 million herself was nothing but the best. The two have grown a whole empire behind them, making them modern day royalty.
The superstar rapper is also a fashion trendsetter, a streaming music mogul and a sports management company owner.
“If he’s a billionaire now, imagine what he’s about to be,” Music Producer Swizz Beatz says. “Because he’s only just starting.”
What’s Jay-Z Worth?
- a $70 million stake in Uber
- his ownership of the streaming service Tidal
- his $70 million art collection
- $50 million in assorted real estate holdings and his music catalog.
- his ownership of the Roc Nation sports management company
Here was Forbes official announcement that excited many of Hov’s loyal followers.
Well in Mr. Carter.