After bragging, what’s better than one billionaire – Jay-Z officially is one.
According to Forbes, the rapper and mogul’s mass fortune “conservatively totals $1 billion” taking into account the brands that he helped build or co-built (the clothing brand Rocawear which he sold for $204 million in 2007); D’Ussé, a cognac he co-owns with Bacardi; Tidal, the music-streaming service; Roc Nation, both as a music label and sports agency.
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See the full breakdown of Hov’s wealth below.
Armand de Brignac champagne
Cash & investments, including a stake in Uber worth an estimated $70 million
Tidal streaming service
He’s topped the Hip-Hop Cash Cows list for the past few years after jockeying for the top spot with fellow moguls Sean “Diddy” Combs and Dr. Dre.
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He told us in 2005 that he wasn’t a businessman but a business, man and the empire of Hov hasn’t slowed down since. Congrats to Jay!
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Report: Jay-Z Is Officially Hip-Hop’s First Billionaire was originally published on theboxhouston.com