Jay-Z is Officially a Billionaire and Here’s How

Forbes just reported that Jay-Z is now officially a billionaire. But, how?

He owns conservatively a totals of $1billion, making him one of only a handful of entertainers to be crowned the title “Billionaire”.
But how? You might wonder, here are some of the breakdowns of where Jay got his fortune:
  1. Armand de Brignac.
Worth $310 Million
A $300 gold bottles of champagne, with Ace of Spades as logo that was launched back in 2006 video “Show Me What You Got.” Recently his verse on Meek Mill’s “What’s Free” put a half-billion-dollar value on the wine as well.
  1. Cash & Investments
Worth $220 Million
Investing a stake in Uber worth estimated $70 million and reportedly purchase his piece for $2 million back in 2013.
  1. D’Ussé
Worth $100 million
A Jay-Z’s cognac which is a joint venture with Bacardi, moves almost 200.000 cases and has grown nearly 80% annually.
  1. Tidal
Worth $100 million
One of the biggest hip-hop streaming services now – but Jay-Z bid on the Scandinavian streaming service’s parent company for just shy of $60 million back in 2015. He then relaunch it later that year with numerous investors such as the wife, Beyoncé, Kanye West also Calvin Harris.
  1. Roc Nation
Worth $75 million
A wide-ranging entertainment company started over a dacade ago as a part of a joint venture with concert giant Live Nation. They represented not only artist such as Rihanna and J.Cole but also athletes like Kevin Durant and Todd Gurley.
  1. Music Catalog
Worth $75 million
Before the beginning of his stint as Def Jam’s chief in 2004, Jay-Z negotiated the eventual return of his master recordings also able to clawed back his publishing rights in a separate deal with EMI.
  1. Art Collection
Worth $70 million
For over a decade, he’s been scooping up masterpieces like Basquiat’s “Mecca” purchased in 2013 and worth $4.5million at that time. And many more of such high value arts.
  1. Real Estate
Worth $50 million
After the twins arrived in 2017, Jay and Bey bought a pair of homes to match: a $26 million east Hampton mansion and a $88 million Bel Air estate. Jay also owns a Tribeca penthouse worth $6.85 million in 2004
Writer: Ervina Michelle Liem
Editor: Olivia Elena Hakim

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