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Jay-Z is now sitting on a billion-dollar fortune and here's how

2019-06-04 09:29
 
Jay-Z

Cape Town – According to Forbes, rapper Jay-Z's investments and music sales have made him one of the only entertainers in the world to become a billionaire.

In a piece published on Monday, the finance focussed publication wrote: "It's clear that Jay-Z has accumulated a fortune that 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."

The father-of-three has an investment portfolio which includes (at the time of writing): liquor, art, real estate and stakes in companies like Uber.

Here's a breakdown of the 49-year-old's wealth according to CNN:

A $70 million stake in Uber

Ownership of the streaming service Tidal (which some value at $600 million.) 

A $70 million art collection

Ownership of the Roc Nation sports management company

$50 million in assorted real estate holdings and his music catalogue.

Jay-Z and his chart-topping wife Beyoncé released their joint album, Everything is Love in 2018 and toured the world together including a show at The Global Citizen concert which was held in December in Johannesburg. 


Read more on:    jay-z  |  music

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