Empire State of Mind: Jay-Z becomes the first billionaire of hip-hop

New York. Jay-Z is officially the first billionaire of hip-hop, Forbes said Monday, basing his kingdom on entertainment, but also taking advantage of alcohol, art and music. ;immovable.

The rapper born Shawn Carter, who grew up in one of Brooklyn's most famous housing projects, "has accumulated a billion-dollar fortune, making it one of the few artists to become a billionaire – and the first hip-hop artist to do it, "said the magazine in a new cover. 19659005] The house that Jay has built includes stakes in Armand de Brignac champagnes and Usse cognac, worth $ 310 and $ 100 million respectively, as well as cash and investments of $ 220,000. millions of dollars, including an estimated $ 70 million stake in Uber. .

This 49-year-old man also has a $ 75 million music catalog, $ 75 million from the Roc Nation entertainment company, and $ 100 million from the Tidal streaming service.

In addition to his upscale apartment in Tribeca Since the beginning of his career, Jay-Z and his superstar wife, Beyonce, own mansions in East Hampton, New York, as well as in the upscale neighborhood of Bel Air in Los Angeles – real estate badets adding about $ 50 million to the rapper's name, Forbes said. The first couple of music had officially raised a billion dollars.

It was widely believed that the hip-hop mogul, Dr. Dre, had already achieved billionaire status – especially after being anointed himself as such in 2014 – but according to Forbes. "In 2018, his personal wealth is close to $ 770 million, despite the sale of his business Beats by Dre to Apple for $ 3 billion.

Diddy, megawatt rap, is worth $ 825 million, according to the same list. He and Dre and Jay are not only the richest hip-hop artists, but also the richest American musicians of all genres.

Swizz Beatz, the producer behind several megahits of Jay-Z, told Forbes that the rapper had created "the plan" for our culture. "

" A guy who looks like us, looks like us, loves us, managed to do something that we always felt and who was above us, "he said. billionaire now, imagine what he's about to become. "