Jayz officially becomes hip hop’s first billionaire!

“I’m not a buisnessman, I’m a buisness, man”

According to Forbes‘ latest cover story, Jay-Z is the first hip-hop artist to become a billionaire.

Jay-Z’s steadily growing kingdom is expansive. Not only is Hov 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.

His journey is all the more impressive given its start: Brooklyn’s notorious Marcy housing projects. He was a drug dealer before becoming a musician, starting his own label, 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.

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.

 

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