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Jay-Z is Officially Hip-Hop’s First Billionaire 💰, According to Forbes

Posted by on June 4th, 2019

 

Jay-Z made the blueprint for a billion.

The Brooklyn-born rapper and mogul, whose real name is Shawn Carter, has amassed a fortune worth $1 billion, according to Forbes, “making him one of only a handful of entertainers to become a billionaire — and the first hip-hop artist to do so.”

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Jay-Z’s sprawling business empire includes stakes in liquor, art, real estate and big-name companies like Uber. The 22-time Grammy winner also launched his own brands, including the clothing label Rocawear, which was sold to Iconix for more than $200 million in 2007.

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Jay-Z, 49, and his wife, pop superstar Beyoncé, officially became a billion-dollar pair in 2017 with a combined net worth of more than $1.16 billion. Beyoncé, 37, has an individual net worth of more than $350 million, according to Forbes’ calculations.

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The hip-hop star who comes closest to Jay-Z is Diddy, with an estimated net worth of $825 million.

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