American rapper, Jay-Z has been noted by Forbes as the first hip-hop artiste to become a billionaire.
Forbes magazine survey Jay-Z whose real name is Shawn Carter’s empire and has determines that it “conservatively totals $1 billion.”
Shawn Carter’s empire spans in streaming service, real estate, art, music, liquor and stakes in other companies.
It also notes that he built his own brands: the Rocawear clothing line (sold for $204 million in 2007); D’Ussé, a cognac he co-owns with Bacardi; Tidal, the music-streaming service; and his multifaceted Roc Nation music and sports empire.
Here is a breakdown of his assets are;
-Cash & investments, including a stake in Uber worth an estimated $70 million – $220 million
-Art collection – $70 million
-D’Ussé cognac – $100 million
-Armand de Brignac champagne – $310 million
-Music catalog – $75 million
-Real estate – $50 million
-Roc Nation – $75 million
-Tidal streaming service – $100 million
