Hop′s First Billionaire
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It had been broadly assumed that hip hop mogul Dr Dre had already achieved billionaire standing — especially after he anointed himself as such in 2014 — but in accordance with Forbes' 2018 ranking his personal wealth is closer to $770 million, regardless of promoting his company Beats by Dre to Apple for $three billion.
Jay-Z indicators a $150 million contract with the live performance promotion company Dwell Nation to create a three way partnership, Roc Nation. According to the latest experiences, Drake has an estimated net worth of US$a hundred and seventy million. The rapper has accumulated $75 million from his leisure company, Roc Nation, which represents high artists and athletes like Rihanna and Kevin Durant.
Jay-Z went on to change into one of the richest entertainment icons alive (and marry Beyoncé, of course). Jay-Z is now the first billionaire rapperForbes calculates that he has around $220 million in cash and investments alone. Jay-Z as soon as told us that he is not businessman, he's a business, man.
Forbes just lately released its listing of America's Wealthiest Celebrities for 2018, and Jay-Z comes in at quantity 5, at a net worth of $900 million. Forbes introduced Monday that Jay-Z has turn out to be the first hip-hop artist to rack up a billion-dollar fortune.
He sold his stake at the group for the value of $2.35 million after launching his sports management business Roc Nation Sports. In June 2019, Forbes named Jay-Z the primary billionaire rap artist, citing his possession stakes in Armand de Brignac champagne and Uber as contributing elements.
From his roots in Brooklyn's Marcy Tasks to raking in an estimated $1 billion - Shawn Corey Carter, better often known as JAY-Z, has develop into one of many biggest names in hip-hop, entertainment and business. Also notable is his first document take care of Stay Nation which was price $one hundred fifty million.
When Jay-Z met Beyonce, he was already a bona fide hitmaker. Jay-Z, whose steadily growing portfolio of businesses consists of liquor, artwork, actual property and stakes in firms like Uber, is the first hip-hop artist to turn into a billionaire. Later that month, on June 30, Jay-Z released his thirteenth solo album, 4:forty four, completely to Tidal and Sprint subscribers.