Jay-Z
First Rapper to Hit $1 Billion
… Says Forbes, Sorry Dre
6/3/2019 8:07 AM PDT
Jay-Z‘s got something else to brag about — he’s the first hip-hop artist to be worth … ONE BILLION DOLLARS.
Jay’s net worth is officially in the 3-comma club, according to a new Forbes report that totaled all of his income from multiple business ventures and subtracted “a healthy amount to account for a superstar lifestyle.”
When it’s all said and done, here’s a breakdown of the value of his stakes in the empire he’s created:
— $310 million for Armand de Brignac champagne
— $220 mil in cash and investments, including a $70 million stake in Uber
— $100 mil for D’Usse cognac
— $100 mil for Tidal
— $75 mil for Roc Nation
— $75 mil for his music catalog
— $70 mil art collection
— $50 mil in real estate
Add it up … and that’s a cool billion. Needless to say, this doesn’t include the net worth of his other half, Beyonce. The couple has been worth more than a billion combined for quite some time now.
Of course, Jay’s claim as the first hip-hop billionaire could be contested by one Dr. Dre, who said he’d accomplished the feat way back in 2014 after his $3.2 billion deal with Apple.
Forbes said Dre jumped the gun though, and was only worth $800 million at the time.
Sorry, Dre … looks like Jay runs this town.
