Jay Z Officially Becomes Hip-Hop’s First Billionaire
According to Forbes‘ latest cover story, Jay Z has crossed the billionaire finish line, thanks to his many business endeavors.
The cover story details how Jay’s net worth “conservatively totals $1 billion, making him one of only a handful of entertainers to become a billionaire and the first hip-hop artist to do so.”
Not only is Jigga looking at a whopping $220 million in cash and investments, but when you add his partnerships with liquor brands such as Armand de Brignac and D’Usse where he nets a staggering $410 million combined, in addition to his ownership of Tidal ($100 million), his company Roc Nation ($75 million), and more, you can see why his climb to a billion at 50 years old is an impressive feat.
And while many initially believed that Dr. Dre notched that achievement first after he sold Beats By Dre to Apple for $3 billion, Forbes debunked those claims, reporting that his networth stands at $850 million.
Congrats to Jigga.