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Jay-Z is the first hip-hop artist to become a billionaire, according to the new Forbes cover.
The article begins by recalling a 2010 meeting between rapper and billionaire Warren Buffet, who impressed the octogenarian. "Jay teaches in a clbadroom much larger than the one I teach him," he said. "For a growing young, he is the type to learn."
Less than 10 years later, the magazine examines Shawn Carter's empire – which covers music, a streaming service, alcohol, art real estate and holdings in other companies – and considers that "totaling $ 1 billion in a conservative way". own brands: the Rocawear clothing line (sold $ 204 million in 2007); D'Ussé, a cognac he is co-owner of Bacardi; Tidal, the streaming music service; and its multifaceted sports and musical empire, Roc Nation. (Read the full report here.)
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The main holdings of the artist follow, which Forbes calculated by "examining the artist's holdings in companies like the Champagne Armand de Brignac – applying our usual discount to private companies – and then adding his income , subtracting a substantial amount to accommodate a superstar lifestyle ". which were then examined by "a list of external experts".
Champagne Armand de Brignac: 310 million dollars
Cash and investments, including a stake in Uber valued at $ 70 million, of which $ 220 million
Cognac D'Ussé: 100 million dollars
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Tidal Streaming Service: $ 100 Million
Roc Nation: $ 75 million
Music catalog: $ 75 million
Art Collection: 70 Million Dollars
Real estate: $ 50 million
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