Jay-Z Is Officially Hip Hop's First Billionaire

The race for the first billionaire in hip hop is finally over and it has fallen to Jay-Z's lot according to a Forbes' report.
Considering the valuations of all the business ventures and possessions the "99 Problem" rapper and now business magnate has under his control, officially he is now a billionaire - without including what his wife, Beyonce has in networth.
Jay-Z made his debut in the music industry with his famous album "Reasonable Doubt" in 1996 and has since released 13 studio album, one soundtrack album and five collaborative albums.
Between then and now, he has won 22 Grammy Awards and sold up to 36.2 million album copies in the U.S alone according to Nielsen Music. He topped the Billboard 200 Album chart for 14th times with his 13th studio album "4: 44" in 2017.
See below for a breakdown of Jay-Z's billion-dollar empire:

  • $200 million in cash and investment, also including owing a $70 million stake in Uber
  • $100 million for Tidal (digital music streaming service he co-own)
  • $100 million for D'Usse cognac 
  • $310 million valuations for Armand de Brignac champagne 
  • $75 million worth of music catalog 
  • $75 million for Roc Nation (his own record label)
  • $70 million worth of art collection 
  • $50 million worth of real estate 


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