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The superstar rapper is also a fashion pioneer, a streaming music nabob, a sports management company owner and Mr. Beyonce Knowles.
All this helped him become the first billionaire rapper, according to Forbes.
"Less than a decade later, it's clear that Jay-Z has racked up 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 Forbes. "Zack O" Malley Greenburg writes.
Jay-Z, whose real name is Shawn Carter, owns or has an interest in the media company, including:
- a $ 70 million stake in Uber
- his ownership of the Tidal streaming service
- his art collection of 70 million dollars
- owned by Roc Nation Sport Management Corporation
- $ 50 million in assorted real estate and its music catalog.
And being married to super-superstar Beyonce, estimated at $ 355 million, does not hurt.
Jay-Z, who grew up in a real estate project in Brooklyn, made it known in 1996 with his debut album "Reasonable Doubt". Her sixth album, "The Blueprint" (2001), was added to the Library of Congress' National Register of Recordings – reserved for "culturally, historically or aesthetically significant" albums – earlier this year.
He has also been more involved in political advocacy, campaigning for Hillary Clinton in 2016 and launching a prison reform organization with fellow rapper Meek Mill this year.
In 2014, music mogul Dr. Dre claimed that he was the first billionaire of hip-hop after selling Beats Music, the high-end headphone and streaming music service, to Apple. But it is estimated that if this blockbuster deal increased Dre's net worth to about $ 1.1 billion, local and local taxes eventually pushed it to a level slightly below the billion-dollar mark.
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