Rapper #JayZ officially reaches billionaire status – Forbes



American rapper, Jay-Z, has become the first hip-hop artist to reach the billionaire status, according to the new cover story in Forbes.


The article talked about a 2010 meeting between the rapper and billionaire Warren Buffet, from which the octogenarian came away impressed.

Less than 10 years later, the magazine surveys Shawn Carter’s empire — which spans music, a streaming service, liquor, art real estate and stakes in other companies — and determines that it “conservatively totals $1 billion.”


It also notes that he realized that he should build his own brands rather than promote someone else’s. .

Jay-Z’s primary holdings are: .

Armand de Brignac champagne (Ace of Spades)
$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
Real estate
$50 million

0 Comments

Leave a reply

Your email address will not be published. Required fields are marked *

*

©2019 Instablog9ja. All rights reserved. | Powered by DEO360 Digital Solutions

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.

Sending

Log in with your credentials

Forgot your details?