Artist, Icon, Billionaire: How Jay-Z Created His $1 Billion Fortune

two unlikely lunch partners sat down at the Hollywood Diner in Omaha, Nebraska. One, Warren Buffett, was a regular there. The other, Jay-Z, was not. The billionaire and the rapper ordered strawberry malts and chatted amiably, continuing the conversation back at Buffett’s Berkshire Hathaway offices.

Buffett, then 80, walked away impressed with the artist 40 years his junior: “Jay is teaching in a lot bigger classroom than I’ll ever teach in. For a young person growing up, he’s the guy to learn from.” This moment, which was originally captured in our, made it clear that Jay-Z already had a blueprint for his own ten-figure fortune. “Hip-hop from the beginning has always been aspirational,” he said.

Less than a decade later, it’s clear that Jay-Z has accumulated a fortune that conservatively totals $1 billion, making him one of only a handful of entertainers to become a billionaire—and the first hip-hop artist to do so. Jay-Z's steadily growing kingdom is expansive, encompassing liquor, art, real estate and stakes in companies like Uber.

His journey is all the more impressive given its start: Brooklyn’s notorious Marcy housing projects. He was a drug dealer before becoming a musician, starting his own label, Roc-A-Fella Records, to release his 1996 debut,Crucially, he realized that he should build his own brands rather than promote someone else’s: the clothing line Rocawear, started in 1999 ; D’Ussé, a cognac he co-owns with Bacardi; and Tidal, a music-streaming service.

Source: Real Estate Daily Report (realestatedailyreport.net)

So fuckin what, this means what to who exactly? People need to wake up and stop being the herd.

What’s agenda behind the continued tweeting of this SAME article? I’ve seen this about ten times already.

Not bad for a crack dealer, eh IngrahamAngle ?

Who cares!? Black wealth =$0 by 2053. We demand transformative policy. Tangibles2020

Billion is definitely the new million. Wow. Well done Jay!

Hey BarackObama, just say when...

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Artist, Icon, Billionaire: How Jay-Z Created His $1 Billion FortuneNew billionaire Jay-Z has accumulated a varied fortune stretching from champagne and cognac to tech startups and real estate. Did people doubt it? Yeah my man is the biggest guy in the industry now keep it up man. Im a fan
Source: Forbes - 🏆 394. / 53 Read more »

Jay-Z And Beyoncé Now Have A Combined $1.4 Billion Net Worth'What's better than one billionaire?' Jay-Z and Beyoncé are now well into 10-figure territory Her hair making her look like the Angel she is This is good!!!!!! Jayoncenaire
Source: Forbes - 🏆 394. / 53 Read more »

Jay-Z And Beyoncé Now Have A Combined $1.4 Billion Net WorthIt's been a big week for the Carters. We pronounced Jay-Z a billionaire, and Beyoncé claimed the No. 51 spot on our SelfMadeWomen list with a net worth of $400 million Beyonce is kinda ugly lol my wife is hawter Hey Jay-Z, could you permanently loan me $1,000,000? Jay-z is the King of Hip-Hop business
Source: Forbes - 🏆 394. / 53 Read more »

SEC chairman: New regulations will force brokers to be 'very candid' with investorsThe SEC's Jay Clayton says the new conflict-of-interest rule won't stifle innovation in the brokerage space by adding unexpected regulatory expenses. cryptoamd What does that even mean? Quite subjective Awwww.....that pesky integrity and transparency thing again? How is the SEC going to enforce this? Quick answer...they are not.
Source: CNBC - 🏆 12. / 72 Read more »

Source: USATODAY - 🏆 100. / 63 Read more »