{"id":162333,"date":"2019-06-03T17:34:50","date_gmt":"2019-06-03T22:34:50","guid":{"rendered":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/jay-z-is-officially-hip-hops-first-billionaire"},"modified":"2019-06-03T17:35:00","modified_gmt":"2019-06-03T22:35:00","slug":"jay-z-is-officially-hip-hops-first-billionaire","status":"publish","type":"post","link":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/jay-z-is-officially-hip-hops-first-billionaire","title":{"rendered":"Jay-Z is Officially Hip-Hop's First Billionaire"},"content":{"rendered":"

<\/p>\n

\n
\t\t
\n \t<\/header>\n

<\/p>\n

\n\t\t<\/p>\n
\n

\n<\/h2>\n

Jay-Z<\/span><\/p>\n

First Rapper to Hit $1 Billion<\/span><\/p>\n

\u2026 Says Forbes, Sorry Dre<\/span><\/p>\n

\n<\/h5>\n

6\/3\/2019 8:07 AM PDT<\/p>\n

\n

\"Dr.Jay-Z<\/strong><\/a>\u2018s got something else to brag about \u2014 he\u2019s the first hip-hop artist to be worth \u2026 ONE BILLION DOLLARS.<\/p>\n

Jay\u2019s net worth is officially in the 3-comma club, according to a new Forbes report<\/strong><\/a> that totaled all of his income from multiple business ventures and subtracted \u201ca healthy amount to account for a superstar lifestyle.\u201d<\/p>\n

When it\u2019s all said and done, here\u2019s a breakdown of the value of his stakes in the empire he\u2019s created:<\/p>\n

\u2014 $310 million for Armand de Brignac champagne<\/p>\n

\u2014 $220 mil in cash and investments, including a $70 million stake in Uber<\/p>\n

\u2014\u00a0$100 mil for D\u2019Usse cognac<\/p>\n

\u2014\u00a0$100 mil for Tidal<\/p>\n

\u2014\u00a0$75 mil for Roc Nation<\/p>\n

\u2014\u00a0$75 mil for his music catalog<\/p>\n

\u2014\u00a0$70 mil art collection<\/p>\n

\u2014\u00a0$50 mil in real estate<\/p>\n

Add it up \u2026 and that\u2019s a cool billion. Needless to say, this doesn\u2019t include the net worth of his other half, Beyonce<\/strong><\/a>. The couple has been worth more than a billion combined for quite some time now.<\/p>\n

Of course, Jay\u2019s claim as the first hip-hop billionaire could be contested by one Dr. Dre<\/strong><\/a>, who said he\u2019d accomplished the feat way back in 2014 after his $3.2 billion deal<\/strong><\/a> with Apple.<\/p>\n

Forbes said Dre jumped the gun though, and was only worth $800 million at the time.<\/p>\n

Sorry, Dre \u2026 looks like Jay runs this town.<\/p>\n

\"first<\/a><\/p>\n<\/div>\n<\/div>\n

Source link <\/a><\/p>\n

\n