Celebrity

Jay-Z Becomes Hip-Hop’s First Billionaire

Jun 4 2019 By Priya

It’s official. Hip-hop finally has a self-made billionaire and it’s none other than Jay-Z (sorry Dr. Dre fans).

Forbes officially declared Jay-Z as the first billionaire in hip-hop.

Hov has supposedly aggregated a fortune that sums $1 billion, making him the first performer in hip-hop to do so.

He is additionally one of just a couple of performers to accomplish that achievement.

As indicated by Forbes, Jay’s realm was worked through different deals in alcohol (Armand de Brignac and D’Ussé), money ventures, real estate, art collections, streaming services, record label, and music catalog.

Jay-Z’s money and investments go to a sum of $220 million; his stake in alcohol brands D’Ussé and Armand de Brignac aggregates $410 million; his music streaming platform, Tidal, counts at $100 million; Roc Nation, his record label pursues with $75 million; his music catalog rounds up $75 million; his art collection an additional $70 million; at long last, his real estate ventures sums $50 million.

Some may expect that Dr. Dre as of now have already accomplished the billionaire status two or three years prior, yet that isn’t completely valid.

As per Forbes, Dre sold his brand, Beats by Dr. Dre to Apple for $3 billion. While his organization is worth billions, Dre’s own total assets are $850 million.

Personal Life.

Jay-Z (Shawn Carter, 49) is the modern-day symbol of the “American Dream,” the real example of “rags-to-riches”.

He started out his journey as a hustler and drug dealer from Brooklyn’s Marcy housing projects.

Jay left hustling and found a new home in music. He started rapping at an early age after his mother bought him a boom box for his birthday.

Till date, he as 14 No. 1 albums, 110 awards including 22 Grammys and 17 BET Hop-hop Awards.

He is married to one of the biggest stars in music Beyonce Knowles Carter. Together they have three children- Daughter Blue Ivy Carter (7), and Twins Sir and Rumi Carter (2).

So, it’s safe to say that there is no such thing as an ugly billionaire and with the baddest chick in the game, Hova is set for life


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