VIDEO: Jay-Z Is Rap's First Billionaire

GoLocalProv Business Team

VIDEO: Jay-Z Is Rap's First Billionaire

 

Jay-Z Photo:Wikipedia Joella Marano

Jay-Z Is rap's first billionaire.

Besides music, a report from Forbes says Hov's fortune has been amassed through many investments.

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Throughout his career, Jay-Z has helped start Roc-A-Fella Records, Roc Nation and Tidal. He also originated Rocawear, a business he sold for just over $200 million. Forbes adds that Jay-Z's art collection by itself is a $70 million investment.

Another $50 million comes from real estate in New York and California. Liquor is also a big part of Jay-Z's money-making empire. According to Forbes, he has over $400 million invested in D'USSÉ and Armand de Brignac.


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