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Jay-Z: Hip Hop Mogul Turned Billionaire

Jay-Z: Hip Hop Mogul Turned Billionaire

From the Marcy projects to being featured in Forbes.

Jay-Z has set the blueprint and created generational wealth for his children and so on. Before being featured for becoming hip hop’s first billionaire, he shared the cover with the late billionaire Warren Buffet. In that article, it described how they met and talked business. Mr. Buffet already knew Jay had the blueprint to his fortune.

Shawn Carter or the stage name Jay-Z started out as a drug dealer, struggling to find a label, but eventually going independent. He created Roc-A-Fella Records to release his 1996 debut, Reasonable Doubt’. “Since then he’s amassed 14 No. 1 albums, 22 Grammy awards and over $500 million in pretax earnings in a decade.” Mr. Carter business empire includes stakes in liquor, art, real estate and big-name companies like Uber.

The hip-hop star that comes close to Jay-Z would be Diddy coming in with an estimated net worth of $825 Million Dollar.

Down below you’ll see a social media post of his accomplishment and also response from fans.

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Jay's fortune comes from his stakes in Armand de Brignac champagne ($310 million), cash and investments ($220 million), D’Ussé ($100 million), Tidal ($100 million), Roc Nation ($75 million), his own music catalog ($75 million), art collection ($70 million) and real estate ($50 million)🤑🤑🤑🤑 • • • • • • Since the beginning of his career, Jay-Z has been out for dead presidents to represent him. Over more than 20 years in the game, the Brooklyn bar layer has transcended from unapologetic dope boy to a multifaceted entrepreneur, all while embodying the ultimate hustler’s spirit. Hov’s grind has literally paid off, with news recently breaking that revealed the rapper has finally reached billionaire status—a first for a rapper. With the power moves he has been making, this milestone has been something people have seen coming for a while now. The Roc Nation head honcho’s wealth status was revealed by Forbes, who calculated the 10-figure number 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.” The numbers were then verified “with a roster of outside experts to ensure these estimates were fair and conservative.” On top of his top-of-the-line grind, Jigga has literally spoken—or rapped—this milestone into existence. Within the past decade, Jay has dropped a number of lines in songs about aspiring to reach the coveted billionaire boys club and joining the likes Warren Buffet, Jeff Bezos, Bill Gates, Oprah Winfrey and others. After remixing songs like 50 Cent’s “I Get Money” and Lil Wayne’s “A Milli” (to make “A Billi”), Hov really is 10-figure Jigga. With news recently surfacing that Hova has reached billionaire status, XXL compiles a list of times Jay has referenced reaching 10 figures on wax. #teamadehiphop #getsumtea #nipseyhussle #jayz #blackenterprise

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