Jay-Z Becomes Hip-Hop's First Billionaire
Rapper Jay-Z has become hip-hop's first billionaire.
The 49-year-old has amassed his wealth through entertainment, liquor, art and real estate.
Born Shawn Carter, the hip hop star "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," according to Forbes magazine.
The rapper's fortunes includes $410 million worth of stakes in Armand de Brignac champagne and D'Usse cognac combines plus $220 million in cash and investments including $70 million from his investment in Uber.
He also has earned $75 million from music catalogues, another $75 million from entertainment company Roc Nation and $100 million from streaming service Tidal.
Jay-Z also has invested in real estate with his wife Beyonce, including a penthouse in the upmarket Tribeca neighbourhood of New York and mansions in east Hampton, New York and Bel Air adding a further $50 million to his wealth.
More from Entertainment
-
Zayn Malik and Gigi Hadid announced birth of baby
Former One Direction star Zayn Malik and model girlfriend Gigi Hadid have announced the birth of their first child on social media.
-
Cork food to take centre stage on Mary Berry's latest BBC show this week
Mary Berry's newest BBC show 'Mary Berry's Simple Comforts' will feature Cork food tomorrow night.
-
Jimmy Carr announces two Cork shows
Comedian Jimmy Carr has announced two shows in Cork for 2021.
-
No luck of the Irish in last night's Emmy Awards for Normal People and Fiona Shaw
A virtual version of the Emmys took place last night with stars connecting via video link from all over the world.
-
Little Mix announce Confetti tour kicking off in Ireland
Little Mix have announced they are to hit the road in 2021 with their Confetti Tour.
-
Ant & Dec and Donald Trump's niece among guests on tonight's Late Late Show
Tonight's Late Late Show line up has been announced.