Forbes has put JayZ networth to over a billion dollars, making him the first hip hop artist to reach the milestone.
Acording to Forbes, American Rapper Jay Z networth was calculated from his stakes in companies like Armand de Brignac champagne, Tidal, RocNation. his stakes in Uber, his music catalog, art collection, Real Estate.
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Forbes said,
“To calculate his net worth, we looked at the artist’s stakes in companies like Armand de Brignac champagne—applying our customary discount to private firms—then added up his income, subtracting a healthy amount to account for a superstar lifestyle. We checked our numbers with a roster of outside experts to ensure these estimates were fair and conservative. Turns out, Jay-Z really is a business, man.”
The 22 Grammy awards winner stakes in Armand De Brignac Champagne is said to be around $310,000.000.
The rapper has said so many times that he was a drug dealer before becoming a musician.
He has earned over $500million within a decade with 14 No. 1 albums.
Below are the reason why Jay Z is now a billionaire.