Jay-Z Becomes Hip-Hop’s First Ever Billionaire

Published: Monday 3rd Jun 2019 by Sam

“I’m not a businessman. I’m a business, man.”

Jay-Z has proven that beyond being a Rap titan, he’s also an entrepreneurial heavyweight.

Array

And now his many successes have led him to a major milestone — he’s officially been deemed a billionaire.

Details below….

In a new cover feature, Forbes states that the star – real name Shawn Carter – possesses an empire that now “conservatively totals $1 billion.”

Long a fan of diversifying his business interests, Jay has his hands in music, a streaming service, liquor, art, real estate and stakes in other companies.

The financial publication also made a notable observation about the 49-year-old’s business gravitas — he’s built many of his brands from the ground up. These include the Rocawear clothing line (which sold for $204 million in 2007); D’Ussé, a cognac he co-owns with Bacardi; and his multi-focused Roc Nation music/sports juggernaut.

Few have done it like Hov – and few ever will. However, his narrative is undeniably inspirational and showcases to the younger generation the possibilities of what can be.

Your thoughts?

Posted under:

Comments 30

Please Post Your Comments & Reviews

Your email address will not be published. Required fields are marked *

  1. DIABETES UNBOTHERED June 3, 2019

    Can I borrow a $million?

  2. Tyty June 3, 2019

    Congrats… generational wealth hopefully more black people follow suit doesn’t have to be billions. Nice to see real business moves being made by Black entertainers. Shame very few of the new generation rappers will aspire to be like this.

  3. June 3, 2019

    congratz to him.

  4. Keith June 3, 2019

    Congrats to Mr. Carter. Hopefully he will take some significant portion of his wealth and spread it into education, addressing the underserved, etc…

  5. Clarkson June 3, 2019

    Has he stopped cheating on beyonce

    • SMH June 3, 2019

      Lmao what do you think?

  6. Gee June 3, 2019

    From being raised in projects to becoming hip hop’s official first billionaire. Black excellence.

    • Gworl Bye June 3, 2019

      From SELLING CRACK in the projects to becoming an illuminati billionaire who sold his soul and poisoned his people for money. I fail to see the excellence in that.

  7. Fancy BISH June 3, 2019

    Congrats to Shawn Carter! 🍾🎉🍸 Blue Ivy’s rapper name is Billionaire Blue lol💰 🤳🏽

  8. Datredd23 June 3, 2019

    It’s a Roc thing soon Rihanna will be aswell!

  9. Haterz Gon‘ Hate June 3, 2019

    GOOD MORNING HAAAATERZ!!!! ☀️☀️☀️ How do you want your eggs? 🍳🍳🍳 What’s that?? You woke up MAD? All the hate you can muster in the world will not change this couples net worth 🤣🤣🤣🤣🤣 Have a great day!! 👋🏾

    • Sellouts June 4, 2019

      And all your ass kissing isn’t going to make you their friend either. Enjoy your eggs hun and shut up

  10. Chica June 3, 2019

    I thought Dr Dre was the first billionaire ?

    • D June 4, 2019

      No his company made a billion but not him. He’s only worth 850 million. He shares beats by Dre with someone else.

    • iamdiego June 4, 2019

      he and his partner sold beats to apple for 3 billion. after taxes, and being split between the two he recieved 620 mil. that was not enough for him to become a billionair yet but he is almost there. Dr Dre is worth 820 million now. the media hyped it up as if he were a billionair.

      • iamdiego June 4, 2019

        *billionaire

    • DioraCouture June 4, 2019

      yeah. that’s the very thing i thought…so now i do a search and it says Dr. Dre sold BEats for 3.2 BILLION, but now they trynna say after taxes it comes to 700 million….. to that i say “BYE”…. he sold it for 3.2, so he became a billionaire….

  11. Ratedxxx June 3, 2019

    Do people really think that the camel and h** a** wife are billionaires…

    P diddy has more money than the camel and his slow a** wife….
    Get the heck out of here…

    Smoke and mirrors

    • Doyourresearch June 4, 2019

      Yeaaaa try again… he’s close but not a billionaire…. do your research before making stupid statements!… not to mention of he “puffy” was a billionaire wouldnt forbes have made an article about it?… you guys will try your best to shade Beyonce even through her husbands success… you comment was irrelevant and not needed..

  12. Hmmm…. June 3, 2019

    Congratulations to Jay, an actual self made billionaire.

    • Gworl Bye June 4, 2019

      ….thanks to crack cocaine.

      • I hate blaccck n whyte June 4, 2019

        And that is why his wife will never have respect. …Whitney Houston didn’t marry a crack dealer, she didn’t know what that was.

  13. Come Now June 3, 2019

    The GOAT

  14. Claude Remains June 3, 2019

    Not true!

    Dr. Dre became the first hip-hop billionaire when he sold his Beats brand to Apple for over 4 billion dollars. Dre pocketed 1.4 billion personally from the sale!!

    Who writes this fake news on this blog? Kelly Anne Conway???

  15. Arjun June 3, 2019

    I dont believe it
    As always the carters buy everything and lies
    Dr dre was the first billionnaire and hes bilionnaire one all thing he got not the money bank
    Dr dre got a billions in bank

  16. jayz looks like a camel June 4, 2019

    He’s hideous just like his wife and children 🤐

  17. I hate blaccck n whyte June 4, 2019

    Shout out to mutha f***** DRE ..JUST ANOTHER MUTHA FKIN DAY$$$$

    JAYZ DIDN’T MAKE A BILLION DOLLARS IN MUSIC, JUST RAPPING, SELLING MUSIC….

Recommended Posts
.. **