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.

 

View this post on Instagram

 

Jay Z is OFFICIALLY a BILLIONAIRE at the age 49 according to Forbes ! He is the first hiphop artist to become one ! . . Armand de Brignac champagne ($310 Million), Uber stake ($220 Million), D’Usse’ cognac ($100 Million), Tidal streaming service ($100 Million), Roc Nation ($75 Million), Music Catalog ($75 Million), Art Collection ($70 Million), Real Estate ($50 Million) ! Does this motivate you !? @mymixtapezapp

A post shared by My Mixtapez Hip Hop App (@mymixtapezapp) on Jun 3, 2019 at 8:15am PDT

[VIA]