Jay-Z Reaches Billionaire Status

Congratulations are in order for Jay-Z. According to Forbes, he’s become the first hip-hop artist to make it into the billionaire’s club. Even though Dr. Dre made a $3-point-2 billion dollar deal with Apple for his Beats headphones, he was only personally worth $800-million dollars back in 2014. 

So how did Shawn Carter do it? Here’s a breakdown of his empire:

  • $310-million for Armand de Brignac champagne
  • $220-million in cash and investments, including a $70 million stake in Uber
  • $100-million for D'Usse cognac
  • $100-million for Tidal
  • $75-million for Roc Nation
  • $75-million for his music catalog
  • $70-million art collection
  • $50-million in real estate 

After subtracting what "Forbes" calls “a healthy amount to account for a superstar lifestyle,”Beyoncé’s husband is now worth a cool billion on his own. Though for the record, their combined income has been over a billion for a long while.

Source:Forbes


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