Jay-Z Now First Billionaire Rapper in History

Not only is Jay-Z one of the most successful hip-hop artists of all time, he’s also set a new historic milestone: He is the first rapper to have achieved a net worth of $1 billion.

However, the majority of Jay-Z’s wealth did not come from record sales and concerts, but rather his business ventures.

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Smart Investments and Varied Income Sources

Jay-Z’s sources of his top earnings include $310 million for Armand de Brignac champagne; $220 mil in cash and investments, which includes a $70 million stake in Uber; $100 mil for D’Usse cognac; $100 mil for Tidal; $75 mil for Roc Nation.

The earnings from Jay-Z’s actual music catalog is reportedly $75 million.

Other notable sources of income for Jay-Z are $75 mil for his music catalog, $70 mil art collection, and $50 mil in real estate.

When you add all of the above income sources together you reach a sweet $1 billion!