News

JAY-Z Is Now Worth 40 Percent More Than He Was Before

By HHL JT
pixel_start

JAY-Z had a busy couple of weeks, selling a 50 percent stake in his champagne company Armand de Brignac and then the "significant majority" of his streaming company TIDAL.

We know he got $297 million in cash and stocks for TIDAL and Forbes is estimating he took in $320 million for Armand.

Forbes is also estimating his net worth is now $1.4 billion, making him the richest in the rap game.

JAY's assets include $425 million in cash and investments, including shares of Uber, Sweetgreen, Ethos, and SpaceX.  His Roc Nation imprint is valued at $140 million and his cognac brand D’Usse at $120 million. $95 million for his music catalog, his art collection is at $70 million and he has $50 million in real estate.

DJ Akademiks would say a made a good chunk of his fortune "baiting and switching" Black people by claiming "Black-owned business" and then selling to the white man when the time was right.

However he made it, there's a lot of it.

pixel_end
Posted In: News Jay Z

Discuss

News Wale Responds To Fan Who Says MMG Ruined His Talent & Creativity Wale Responds To Fan Who Says MMG Ruined His Talent & Creativity / News News Swae Lee Wants To Chop Down Lizzo Swae Lee Wants To Chop Down Lizzo / News News Jay-Z & Solange Make Peace Once And For All Jay-Z & Solange Make Peace Once And For All / News News Jay-Z & Solange Make Peace Once And For All Jay-Z & Solange Make Peace Once And For All / News News Watch Lizzo Drop Pants And Assault Trolls With Her Whole Poop Shoot Watch Lizzo Drop Pants And Assault Trolls With Her Whole Poop Shoot / News News Joe Budden Responds After Rory & Mal Get Big Deal; Shade Him In Interview Joe Budden Responds After Rory & Mal Get Big Deal; Shade Him In Interview / News