Entertainment: Jay-Z Officially Becomes Hip-Hop's First Billionaire - - PressFrom - US

EntertainmentJay-Z Officially Becomes Hip-Hop's First Billionaire

19:31  03 june  2019
19:31  03 june  2019 Source:   billboard.com

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Using the Forbes rankings as guidance, join us as we figure out who will win the race to become hip - hop ’ s first billionaire beyond all reasonable doubt.

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Jay-Z Officially Becomes Hip-Hop's First Billionaire © Noel Vasquez/Getty Images Jay-z

Jay-Z once told us that he's not businessman, he's a business, man. According to Forbes' latest cover story, Hov has crossed the proverbial finish line, thanks to his many business endeavors.

The cover story details how the rapper born Shawn Carter's net worth "conservatively totals $1 billion, making him one of only a handful of entertainers to become a billionaire -- and the first hip-hop artist to do so."

Not only is Hov looking at a whopping $220 million in cash and investments, but when you add his partnerships with liquor brands such as Armand de Brignac and D'Usse where he nets a staggering $410 million combined, in addition to his ownership of Tidal ($100 million), his company Roc Nation ($75 million), and more, you can see why his climb to a billion at 50 years old is an impressive feat.

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Jay Z , Puff Daddy And Dr. Dre Are In A Tight Three-Way Race To Become Hip - Hop ’ s First Billionaire . In the latest charting of hip - hop ’ s wealthiest artists, Janice Combs’ baby boy once more stands at the top. Combined with all his numerous ventures from Ciroc to Deleon tequila, Aquahydrate

Jay - Z Has Overtaken Diddy To Officially Become The Richest Man In Hip - Hop . For the first time since Forbes began measuring the net worth of hip - hop ' s major players, the 48-year old east coast rapper/producer/vodka entrepreneur and one hell of an Instagram follow has been outstripped by Jay - Z .

And while many initially believed that Dr. Dre notched that achievement first after he sold Beats By Dre to Apple for $3 billion, Forbes debunked those claims, reporting that his net worth stands at $850 million.

Read Forbes' story on Jay-Z here.

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