Jay-Z is now the first hip-hop artist to become a billionaire


American singer Jay-Z has become the first hip-hop artist to become a billionaire.

According to Forbes, Jay-Z achieved billionaire status through his multiple business ventures both inside and outside of music. This makes Jay-Z one of the few entertainers who have achieved billionaire status and "the first hip-hop artist to do so."

Jay-Z is involved in almost everything, from art, to real estate, stakes in major companies like Uber, and even liquor.

The artist’s primary holdings follow, which Forbes calculated by “looking 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,” which were then vetted by “a roster of outside experts.”

Armand de Brignac champagne: $310 million

Cash & investments, including a stake in Uber worth an estimated $70 million, $220 million

D’Ussé cognac: $100 million

Tidal streaming service: $100 million

Roc Nation: $75 million

Music catalog: $75 million

Art collection: $70 million


Real estate: $50 million
Jay-Z is now the first hip-hop artist to become a billionaire Jay-Z is now the first hip-hop artist to become a billionaire Reviewed by Toyosi on June 03, 2019 Rating: 5

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