• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home People Billionaire Watch

A Look back at Jay Z’s Road to Billionaire Status

Damilare Famuyiwa by Damilare Famuyiwa
June 5, 2019
in Billionaire Watch, Business News, Diaspora, Profiles
A Look back at Jay Z's Road to Billionaire Status
Share on FacebookShare on TwitterShare on Linkedin

Rappers have always been “singers” of truth. Little wonder when Jay-Z rapped in one of his songs that “I’m not a businessman, I’m a business, man”, one could not but believe it. His growing business empire was just beginning to expand exponentially at the time.

The Brooklyn-born rapper is many things wrapped into one. We all know Jay-Z as the music mogul. But beyond that, he is also a trendsetter, an accomplished businessman and now, a Forbes-certified billionaire.

According to Forbes, Jay-Z’s net worth is now worth $1 billion. This has made him one of the only few entertainers to become one. He is also “the first hip-hop artist to do so.”

RelatedStories

Jay-Z

Billionaire Jay-Z accused of sexually assaulting 13-year-old girl with Sean ‘Diddy’

December 9, 2024
See 8 assets that billionaire rapper, Jazy Z owns as he eyes Tottenham Spur

See 8 assets that billionaire rapper, Jazy Z owns as he eyes Tottenham Spur

July 31, 2023

How did he accomplish this? The 49-year-old became a household name 23 years ago, when his debut album ‘Reasonable Doubt’ was released on his independent label, Roc-A-Fella Records.

Since then, the talented musician who has rapped about his rise from Brooklyn (where he hailed from) to corporate boardrooms around the globe. Apparently, he successfully expanded his empire outside music a continuum.

His Businesses: Three years after releasing his debut album, Jay launched a clothing line called  ‘Rocawear’. This was later sold for $204 million to apparel company Iconix in 2007. Meanwhile, earlier in the year 2000, the rapper launched Roc Nation which, according to Forbes, is now worth an estimated $75 million.

Five years after launching Roc Nation, Jay submitted a bid to purchase the parent company of Scandinavian streaming service, Tidal for a little less than $60 million. The service, which he relaunched later that year, is now worth $100 million.

On his 13th studio album “4:44,” Jay detailed some of his investments, including artwork that he purchased years ago for $1 million. Today, Forbes estimates that his art collection is worth roughly $70 million.

Breakdown of his net worth: Nairametrics understands that the rapper also has numerous other investments outside of art and music. He has investments in real estate business, liquor business, and even equities in Uber. 

According to Forbes, his stake in Uber is valued at an estimated $70 million. His real estate investments are worth an estimated $50 million just as his coognac, D’Usse, sells almost 200,000 cases annually and is worth $100 million. More so, the rapper’s investment in Armand de Brignac, a champagne company, is worth an estimated $310 million.


Follow us for Breaking News and Market Intelligence.
Tags: Forbes MagazineJay Z
Damilare Famuyiwa

Damilare Famuyiwa

Famuyiwa Damilare is a trained journalist. He holds a Higher National Diploma (HND) in Mass Communication at the prestigious Nigerian Institute of Journalism (NIJ). Damilare is an innovative and transformational leader with broad-based expertise in journalism and media practice at large. He has explored his proven ability in the areas of reporting, curating and generating contents, creatively establishing social media engagements, and mobile editing of videos. It is safe to say he’s a multimedia journalist.

Related Posts

Jay-Z
Entertainment

Billionaire Jay-Z accused of sexually assaulting 13-year-old girl with Sean ‘Diddy’

December 9, 2024
See 8 assets that billionaire rapper, Jazy Z owns as he eyes Tottenham Spur
Billionaire Watch

See 8 assets that billionaire rapper, Jazy Z owns as he eyes Tottenham Spur

July 31, 2023
Jack Dorsey and Jay-Z partner to launch Bitcoin educational program
Cryptos

Jack Dorsey and Jay-Z partner to launch Bitcoin educational program

June 10, 2022
Jack Dorsey’s Square set to acquire majority stake in Jay Z’s Tidal for $297 million
Diaspora

Jack Dorsey’s Square set to acquire majority stake in Jay Z’s Tidal for $297 million

March 4, 2021
We Think of Products the Same Way, Jay-z Explains New Partnership with Moet
Business

Jay-Z speaks on new partnership with Moet Hennessey

February 23, 2021
DEAL: Moët Hennessy announces partnership with Jay-Z, acquires 50% stake in his Champagne brand
Corporate deals

DEAL: Moët Hennessy announces partnership with Jay-Z, acquires 50% stake in his Champagne brand

February 22, 2021
Next Post
Consumers are choosing repellents with awful odours over odourless Mortein and Raid

Consumers are choosing repellents with awful odours over odourless Mortein and Raid

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank
Zenth Bank








DUNS

Recent News

  • Food Price: Dry onions up 17.65%, pepper down 29.41% as Lagos markets swing in June 2025 
  • Nigeria launches ASIF Investment Platform to drive cross-border financing in infrastructure across Africa 
  • Nigeria’s Bosun Tijani elected Vice Chair of ITU Council 2025 

Follow us on social media:

Recent News

Food Inflation, Insecurity, Supply Chain Issues,

Food Price: Dry onions up 17.65%, pepper down 29.41% as Lagos markets swing in June 2025 

June 17, 2025
Nigeria launches ASIF Investment Platform to drive cross-border financing in infrastructure across Africa 

Nigeria launches ASIF Investment Platform to drive cross-border financing in infrastructure across Africa 

June 17, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics