Jay Z Net Worth 2020
Jay Z is undoubtedly the richest rapper in the world and the richest musician of all time. Jay Z net worth 2020 is estimated to be $1billion in 2020. Learn how he amassed his wealth in this article.
Jay Z is an american rapper and an entrepreneur. He is the best selling music art has sold over 50 million albums and 75 million single world wide. He is the first ever billion rapper in history
Jay Z started his music carrier after founding his own record label Roc-A-Fella Records.
Jay Z Career Beginning
Jay Z started his musical career by selling CDs in his car.
After striking a distribution deal with Priority, Jay-Z released his 1996 debut album Reasonable Doubt with beats from acclaimed producers such as DJ Premier and Super DJ Clark Kent and an appearance by The Notorious B.I.G..
The album reached number 23 on the Billboard 200, and was generally favored by critics. This album would later be included in Rolling Stone‘s 500 Greatest Albums of All Time as No. 248 and eventually reach platinum status.
Jay Z have a total of 13 studio albums all of which have reached critical and commercial success
Jay Z Business Career
According Forbes has invested in over 8 successful companies including ; Real estate, Art collection, Music catalog, Roc nation, Tidal, D’Usse, Armand de Brig’nac and more.
This how it all started,
outside of his musical career, Jay-Z has also attained significant success and media attention for his career as a businessman. In 1999, he founded the clothing retailer Rocawear, and in 2003, he founded the luxury sports bar chain 40/40 Club.
Both businesses have grown to become multi-million dollar corporations, and allowed Jay-Z to fund the start-up for the entertainment company Roc Nation, which was founded in 2008. In 2015, he acquired the tech company Aspiro and took charge of their media streaming service Tidal
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Jay z Personal life
Jay-Z is married to American singer Beyoncé. The couple generally avoids discussing their relationship. Beyoncé has stated that she believes that not publicly discussing their relationship has helped them. Jay-Z said in a People article, “We don’t play with our relationship.” They kept a low profile while dating, and married in April 2008.
Beyoncé and Jay-Z were listed as the most powerful couple for TIME magazine’s 100 most influential people of 2006.
Jay Z Net Worth 2020
Jay z net worth is estimated as $ 1 billion as of 2020 making the richest musician in the world and the first ever billionaire rapper in history.
Forbes calculates that Jay-Z has around $220 million in cash and investments, which includes an estimated $70 million stake in Uber, which he purchased for $2 million in 2013.
The “Blueprint” lyricist has also invested $100 million in the spirits brand D’Usse, of which he’s the partial owner, as well as $310 million in his champagne line, Armand de Brignac.
As for his creative enterprises, Jay-Z’s got $100 million in the streaming service TIDAL, which he purchased for $60 million in 2015, $75 million in his music and entertainment company, Roc Nation, and $75 million in his own music catalog.