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JayZ officially becomes first hip-hop billionaire

American rapper, Jay-Z, who is the husband of world famous singer, Beyonce has become the first hip-hop artist to reach the billionaire status, according to the new cover story in Forbes.

The article talked about a 2010 meeting between the rapper and billionaire Warren Buffet, from which the octogenarian came away impressed.

Less than 10 years later, the magazine surveys Shawn Carter’s empire — which spans music, a streaming service, liquor, art real estate and stakes in other companies — and determines that it “conservatively totals $1 billion.”
It also notes that he realized that he should build his own brands rather than promote someone else’s. .

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Jay-Z’s primary holdings are: 
Armand de Brignac champagne (Ace of Spades) – $310 million

Cash & investments (including a stake in Uber, worth an estimated $70 million)$220 million

D’Ussé cognac$100 millionTidal streaming service
$100 millionRoc Nation$75 millionMusic catalog$75 millionArt collection$70 millionReal estate$50 million 


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