American rap star, Jay Z becomes first hip hop artist to reach the billionaire mark according to Forbes
Real name Shawn Corey Carter, has been involved in various successful business which has increased his profile not only as a top artist but also an acute business man.
Over the years Jay Z has had successful music career, spanning from the early 90’s. He is married to an American music diva Beyoncé and blessed with three kids.
Stakes in top booze brands like Armand de Brignac champagne and D’Usse cognac amongst others, has contributed to his rising profile.
Forbes who announced Mr. Carter’s new financial status, has been following his progress since he was listed among the top 400 richest people in America, which includes Warren Buffet.
Fortunes that accumulates to $1 billion, Jay Z highlights an era of hip hop and black American culture, inspiring a new generation.
The news of how Jay Z becomes first hip hop artist to reach the billionaire did not take many by surprise following his antecedent.
Earnings from businesses which includes Tidal $100m, Roc Nation $75m, Music catalog $75m, art collection $70m, real estate $50m, Armand de Brignac champagne $310m, D’Usse cognac $100m, cash and investment $220m places Mr. Carter name in the history of hip hop.