For years, each year’s Forbes list would stir up the conversation around who would be Hip-Hop’s first billionaire revolved around Dr. Dre, Diddy, and Jay-Z. According to this year’s list, the issue has been officially settled. Jay-Z added the extra zero to is net-worth that puts him in Oprah territory. That’s right, Jigga is a billionaire. The path to ten figures was not an overnight success. Here’s a look at the various ventures that helped Hov take the crown as the first rapper to reach a billion.
Armand de Brignac $310 million
Jay’s boycott of Cristal made the way for his endorsement of Armand de Brignac (aka Ace of Spades) to become his most lucrative investment to date.
Cash & Investments $220 million
Jay’s portfolio includes an early investment in Uber among other stocks and funds. His investments total over $200 million, making it the second largest part of his billion dollar fortune.
D’Ussé $100 million
Partnering with Bacardi on the D’Ussé deal was a smart move, it has since made Jay $100 million richer, 1/10 of his total net worth.
Tidal $100 million
While critics have repeatedly thrown shade at the streaming service, Tidal has proven that an artist-owned platform can compete with the bigger brands while giving musicians a higher streaming revenue.
Roc Nation $75 million
Roc Nation is the management enterprise that has become home to acts such as J. Cole, DJ Khaled, and Damian “Jr. Gong” Marley. If anyone understands how to capitalize on a personal brand in the Rap game, it’s Jay-Z.
Music catalog $75 million
14 number 1 albums and nearly a billion annual streams is a good source of income, especially since Jay-Z owns his masters and publishing. This number is surly to go up once he releases new music in the future.
Art collection $70 million
While Drake was annoyed by Jay’s “Picasso Baby” antics, we don’t think Jay-Z cared then and for damn sure doesn’t care now. His collection of Basquiats and Warhols is worth $70 million and is sure to grow.
Real estate $50 million
With a crib on each coast and a place in the Hamptons, Jay’s real estate is no joke. His Tribeca condo, Bel Air mansion and the summer house total $50 million combined.