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RECORD BREAKING: Jay Z Becomes Hip-Hop 1st Billionaire

Posted By:  on  June 3, 2019


RECORD BREAKING: Jay Z Becomes Hip-Hop 1st Billionaire

Shawn Carter popularly known as Jay Z is now the first rapper and hip-hop artiste to hit the billion-dollar threshold.

The veteran American rapper has been certified by Forbes as hip-hop’s first billionaire.

The rapper and entrepreneur whose estimated net worth was pegged at $900,000,000 in 2018 added another $100,000,000 in 2019 to his fortune to hit billionaire status. Jay Z’s net worth is accumulated from his businesses like real estate, Roc Nation, Tidal, D’Usse etc.

Lets Take A Look At Jay-Z Net Worth

“To calculate his net worth, we looked at the artist’s stakes in companies like Armand de Brignac champagne—applying our customary discount to private firms—then added up his income, subtracting a healthy amount to account for a superstar lifestyle. We checked our numbers with a roster of outside experts to ensure these estimates were fair and conservative. Turns out, Jay-Z really is a business, man.” – Forbes.

Forbes calculated Jay-Z’s worth as follows:
Armand de Brignac – $310 million
Cash & investments – $220 million
D’Ussé – $100 million
Tidal – $100 million
Roc Nation – $75 million
Music catalog – $75 million
Art collection – $70 million
Real estate – $50 million

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