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Finance

What is Jay-Z’s net worth? Breakdown of salary, music sales, streaming, charts and net worth

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Any list of the greatest rappers of all time without Jay-Z is certainly incomplete and there are a thousand reasons why.

Born Shawn Corey Carter, the American musician is a role model to many within and outside the music industry, having achieved tremendous success as a rapper and an entrepreneur.

Jay-Z began his music career in the late 1980s but it was until the mid-1990s that the world took notice of his talent. After co-founding the record label Roc-A-Fella Records, he released his debut album, titled Reasonable Doubt in 1996, and has since taken the music scene by storm.

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How does Jay-Z make his money?

Jay-Z is not just a genius at music, but he is also very clever when it comes to business. The rapper owns a business empire that stretches into real estate, clothing lines, beverages, and even sports teams.

His S. Carter Collection started in 2003 when he teamed up with Reebok and he is also a co-founder of the clothing brand Rocawear. He is currently co-owner of the upscale sports bar 40/40 Club, a chain of sports bars and lounges with branches in Chicago, New York and Atlantic City.

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Even better, Jay-Z is an investor in Carol’s Daughter, who produce beauty products for hair, skin, and hands, while he is also a co-brand director for Budweiser Select. Until 2013, the rapper was a part-owner of the Brooklyn Nets NBA team after buying shares worth $1 million.

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His Roc Nation Sports also represents several professional athletes, including footballers Romelu Lukaku and Axel Witsel.

His other investments include Norwegian media technology company Aspiro, the JetSmarter App, Armand de Brignac champagne and D’Ussé cognac, and he also launched his own cigars in collaboration with Cohiba.

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How much does Jay-Z make a year?

As one of the highest-earning rappers in the world, Jay-Z is estimated to make over $150 million per year.

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What is Jay-Z’s net worth?

According to Forbes, the 52-year-old rapper is worth $1.3 billion as of 2022.

Is Jay-Z a billionaire?

Yes, Jay-Z is a billionaire and was actually the first hip-hop star to become a billionaire.

 

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Multi award-winning journalist.