Jay-Z is now the first billionaire rapper

  • 📰 ABC
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

Jay-Z is officially the first rapper to amass a billion-dollar fortune.

For their latest cover story, Forbes magazine details how the Brooklyn-born mogul cinched the title through investments in art, liquor, real estate and shares in tech companies like Uber.

Forbes calculates that Jay-Z has around $220 million in cash and investments, which includes an estimated $70 million stake in Uber, which he purchased for $2 million in 2013. As for his creative enterprises, Jay-Z's got $100 million in the streaming service TIDAL, which he purchased for $60 million in 2015, $75 million in his music and entertainment company, Roc Nation, and $75 million in his own music catalog.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I call bullshit the article saids forbes estimates he has $220 million in cash like wtf?! Where 😆🤔

MustacheTommy If I had a billion lije Jay-Z, I’d put at least 10% of that into bitcoin and make another billion in 3 years by just holding 😎

Hopefully he's not a junkie!!! Otherwise, he'll soon b dead--not knowing what to do w his fame & fortune

Is his music made in Georgia?

Another abc hard hitting news article.Joke

Not sure why

How about 50 cents ? Literally worth the name ?

From slinging drugs to slinging rhymes

Correction: Dr Dre was first when he sold beats to apple

But wants socialism for everyone else so that their dreams will never come true. Typical Hollywood Hypocrite.

“And MF act like they forgot about Dre!”

his music is terrible though lol

Yet you still refer to him as a rapper

Before or after taxes. Does he pay taxes?

Yes hov

He might be a billionaire...but he’s still an ass!

Pass the ladder! Nigga we been buying yo shit since the '80s!!!!

didn't Dr. Dre make billions years ago? get your facts right.

Yay, capitalism. Congrats!

More power to him! Man, I love capitalism!

Most of it from hype than talent.

Congratulations!! One of the few rappers I have any respect for! I wish you a 100 years of success.

What about Puff Daddy?

Haha, I just read another one that said exactly the same thing. Only it was about Drake. Lmao.

Jay I'm happy for you,but always remember to reach back black man and continue to be Blessed.

Entro al selecto grupo de las 3 comas, thatmanfucks

Because....ya know...Beyonce

Soooo... Don’t ya think we have PROBLEMS to resolve All you are telling us isthat he and his wife maybe richer than we thought🙄. We already know that.. Inform us when they make a substantial difference. ..!lets start with student loans 🤗

Ok? Donate it all.

He will for sure go down as the greatest.. He's not my personal favorite but that seems to be the trend.

With or without Beyonce?

Nowadays ABC wanna talk but nothing comes out but a bunch a jibberish ABC forgot about Dre

'Still spending money from 88'

Congratulations. Well deserved . You have such a good heart.

Goes to show ya the white man keeps everybody not white down

He didn't do it as a rapper!

MustacheTommy Jay is Sathoshi Nakamoto.

Dont think either one became billionaires from rapping.

All of the hustlers love it to see one of us make it! 💪 JayZ

MustacheTommy Drop that shit into Cryto Bruh

Just another one of the defective rich that took more than their share.

He should let MC Hammer take over his accounting. That should take care of the problem.

👏🏿👏🏿👏🏿

Wait, I thought Dr Dre made a literal billion from Beats.

He's got 99 problems but the bank account ain't one.

Must be nice to not have an Ex Wife LOL!

His “music” is garbage.

Good for him.

Dr Dre is already a billionaire, ABC is fake news

What about Dre? Everyone always forgets all about Dre....

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 471. in US

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 FortuneJay-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 1st hip-hop artist to do so I am tired of this fucking guy in my feed. Idc if hes got buddies in paris or if they are going gorillas. inspirational Icon Forever great
Source: Forbes - 🏆 394. / 53 Read more »

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. He married Beyoncé. That's how he did it. By singing about bitches as he calls them,any woman should ban there kids from listening to is garbage music.
Source: Forbes - 🏆 394. / 53 Read more »

Superstar Jay-Z is the first billionaire rapper, says ForbesThe hip-hop icon, and the owner of several business ventures, becomes the first rapper to be worth more than $1 billion. I was under the impression Dr. Dre was And we are told by the democrats that America is a racist country,damn Everybody wanna act like they forgot about Dre.
Source: CNN - 🏆 4. / 95 Read more »

Jay-Z Is Officially The World's First Billionaire RapperMusic’s most powerful couple has just gotten a little bit more powerful, according to Forbes. Wasn't Dr. Dre a billionaire when Apple bought Beats by Dre? Rnuila20 I'm not a businessman, I'm a business, man From exploited to exploiter.
Source: YahooNews - 🏆 380. / 59 Read more »

Jay-Z Becomes The First Billionaire RapperPeople Are Congratulatiing Jay-Z For Becoming The First Billionaire Rapper beyonce with scoliosis. They forgot about Dre?
Source: BuzzFeed - 🏆 730. / 51 Read more »

Jay-Z's Journey From The Projects To The Billionaire's Club And Other News To Start Your DayWhat’s with the new hair He can’t sing?
Source: Forbes - 🏆 394. / 53 Read more »

How Gov. Jay Inslee would address immigrationInslee hopes to increase refugee admissions and reverse much of Trump's agenda.
Source: politico - 🏆 381. / 59 Read more »

Jay Inslee tops Greenpeace climate grades, Joe Biden gets a D-Greenpeace USA releases scorecard on climate policy for 2020 candidates on, giving Washington Gov. Inslee its highest marks while placing Joe Biden and Colorado Gov. Hickenlooper at the bottom of the Democratic pack.
Source: NBCNews - 🏆 10. / 86 Read more »

Gov. Jay Inslee on Trump: ‘The course he’s on makes impeachment inevitable’Robert Mueller’s statement yesterday sparked a flurry of calls from several 2020 democrats in favor of moving forward with impeachment proceedings. Democratic Governor of Washington and Presidential Candidate Jay Inslee joins Andrea Mitchell to discuss. Trump is trying his hardest to be impeached. He hates the job
Source: MSNBC - 🏆 469. / 51 Read more »


Source: Forbes - 🏆 394. / 53 Read more »

Jay Z — hip-hop's first billionaire — and Beyoncé are worth more than $1 billion. Here's how much money 19 rich and famous power couples are worthFrom Jay Z and Beyoncé to Mark Zuckerberg and Priscilla Chan, see what the biggest celebrity and business power couples are worth. Remove Beyonce from that statement please. Hov is a billionaire without bey She Uhh. Yeah. You Cant Take Pics Of Me And Think My Nigga On The Left Not Suing.
Source: BusinessInsider - 🏆 729. / 51 Read more »