According to Forbes latest cover story Shawn “Jay-Z” Carter is officially a billionaire. This makes him one of only a handful of entertainers to reach the billionaire status and only one of a very few black people to become one.
C’mon, you have to admit that at this point you aren’t surprised that he’s made it. Jay Z becoming a billionaire was more a question of when than if. His hustle is legendary. He has every right to join the ranks of the Black Billionaire club alongside investment guru Robert Smith, Oprah, Michael Jordan, & tech entrepreneur Dave Steward.
Jay Z’s Billion Dollar Organization
One thing’s for sure he did take an unconventional road to become rich. His investments and interests are varied. Most musicians make the bulk of their money from their catalog and touring. Jay Z used his catalog and tour money as a starting point.
Here’s where Jay Z’s net worth comes from:
- Armand de Brignac champagne – $310 million
- Cash and investments, including a $70 million stake in Uber – $220 million
- D’Ussé cognac – $100 million
- Tidal streaming service – $100 million
- Roc Nation – $75 million
- Music catalog – $75 million
- Art collection – $70 million
- Real estate – $50 million
He has definitely been getting busy.
All of these things aside, we all know that his best business venture is probably his marriage. After all, it is a true partnership and you can’t help but to take things to the next level with a woman like Beyonce by your side.
She told us that she was going to upgrade him. She wasn’t kidding. Good job B.
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