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Jay-Z Is Officially The First Billionaire Rapper, Says Forbes

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Jay-Z Is Officially The First Billionaire Rapper, Says Forbes 3

Popular rapper, Jay-Z is officially the first person in hip-hop to become a billionaire.

According to the latest rankings by Forbes, Jay-Z has joined the billionaire gang with his estimated wealth climbing the $1B mark, making him the first hip-hop artist to attain such position.

The superstar rapper is also a fashion trendsetter, a streaming music mogul, a sports management company owner and Mr. Beyonce Knowles.

All that has helped him to become the first billionaire rapper, according to Forbes.

“Less than a decade later, it’s clear that Jay-Z has accumulated a fortune that 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,” Forbes’ Zack O’Malley Greenburg writes.

Here are Jay-Z’s line of businesses and how he has been able to amass so much wealth;

Armand de Brignac champagne: $310 million, Cash & investments, including a stake in Uber worth an estimated $70 million, $220 million. D’Ussé cognac: $100 million, Tidal streaming service: $100 million, Roc Nation: $75 million, Music catalog: $75 million, Art collection: $70 million and his Real estate business which is worth $50 million.

 

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