JAY-Z BECOMES THE FIRST HIP-HOP BILLIONAIRE

JAY-Z BECOMES THE FIRST HIP-HOP BILLIONAIRE

While it only appeared to be a matter of time, it’s now been reported that JAY-Z is officially hip-hop’s very first billionaire.

Forbes has reported that all his different business ventures have accumulated a fortune that conservatively totals $1 billion, making him one of only a handful of entertainers and the first in his genre to reach that plateau.

Within the article, Forbes breaks down Jay’s net worth in detail, noting that he’s made over $310 million in Ace of Spades champagne alone, along with hundreds of millions with D’Ussé, Tidal, and investments in companies like Uber as well.

Additionally, he’s earned $75 million each with Roc Nation and his own music catalog, with an additional $70 million for his art collection as well as another $50 million for his deals in real estate.

“Jay is teaching in a lot bigger classroom than I’ll ever teach in,” Warren Buffett once said to Forbes magazine, “For a young person growing up, he’s the guy to learn from.” Meanwhile, his peers in the music industry have also credited Hov for his success, as Swizz Beatz once said: “If he’s a billionaire now imagine what he’s about to be, because he’s only just starting.”

Source: Forbes

Idowu Babalola Photo
Idowu Babalola

Socially Not Social. IG & Twitter - @Idbragga

All author posts
Related Posts
Wilson Oruma Reveals His Relations Were Part Of Those Who Duped Him Of Almost N2billion
Wilson Oruma Reveals His Relations Were Part ...

Former Super Eagles midfielder, Wilson Oruma, has finally broken his silence on losing close to N2 billion to fraudsters...

Mohamed Salah named FWA Footballer of the Year for 2021/22
Mohamed Salah named FWA Footballer of the Yea...

Liverpool winger, Mohamed Salah has been named the Football Writers’ Association Men’s Footballer of the Year for 2021/22. Salah,...

Meet Ifu Ennada, The Talented Nollywood Actress In The 2018 BB Naija House
Meet Ifu Ennada, The Talented Nollywood Actre...

The third edition of the Big Brother Naija premiered yesterday, January 28 and among the interesting 20 housemates or...

Write A Comments