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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“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.