Jay-Z is the first rap billionaire in history. As the US magazine „Forbes“ reported yesterday, the assets of the 49-year-old with the real name Shawn Carter has now exceeded the threshold of one billion dollars (890 million euros).
Jay-Z does not only make his money with music, but has a broad business empire. He holds various company shares, for example in the spirits business and at the car service provider Uber.
From drug dealer to billionaire
Jay-Z, who grew up in a poor neighborhood in New York’s Brooklyn neighborhood and used to be a drug dealer, is one of the most successful rap and hip-hop musicians of all time. He is also active as an entrepreneur in the music and entertainment business. He holds shares worth $ 75 million in the entertainment company Roc Nation and $ 100 million in the music streaming service Tidal.
Another focus of Jay-Z’s entrepreneurial activities is on fine spirits. He is involved in the champagne brand Armand de Brignac and the cognac manufacturer D’Usse. Together with his wife, the R & B diva Beyonce, Jay-Z is, according to „Forbes“ also owned by real estate in the total value of about $ 50 million.
