Rapper #JayZ officially reaches billionaire status – Forbes

American rapper, Jay-Z, 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. . 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 million Tidal streaming service $100 million Roc Nation $75 million Music catalog $75 million Art collection $70 million Real estate $50 million
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