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#jayz #jayzbillionaire #billionaire
Hey Guys! Welcome and in this video we'll look at how Jay Z went from being a street trouble boy selling crack to becoming 1st Billionaire Rapper in the world.
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Jay-Z, whose real name is Shawn Corey Carter and who was born on December 4, 1969, is an American rapper, record producer, entrepreneur, and the founder of Roc Nation, a talent and entertainment agency headquartered in Manhattan. He is considered one of the best rappers ever.
Before he became a musician, JAY-Z, who is 49, was a drug dealer in his hometown of Brooklyn. In 1996, he started his record label, Roc-A-Fella Records, to put out Reasonable Doubt, his first album. Since then, he has had 14 albums that were No. 1 on the charts, won 22 Grammys, and is said to have made $500 million before taxes.
According to a new Forbes cover story, Jay-Z is the first hip-hop artist to make a billion dollars. Forbes details the rapper-turned-business mogul's meteoric rise to the top of the hip-hop wealth chain, detailing how his smart investments in liquor, art, real estate, and tech startups like Uber have helped him acquire a $1 billion fortune.
In 1999, he started the clothing store Rocawear. In 2003, he started the 40/40 Club chain of high-end sports bars. Both of them have grown into multimillion-dollar businesses, which gave him the money to start Roc Nation in 2008. In 2015, he bought the tech company Aspiro and took over Tidal, their streaming music service. In 2020, he launched a line of cannabis products called "Monogram."
Also, it is thought that JAY-Z has $220 million in cash and investments, including a $70 million stake in the ride-sharing service Uber. And JAY-Z also has about $50 million worth of real estate in his portfolio.
The music streaming service Tidal, started by Jay-Z and his wife Beyoncรฉ, Kanye West, and Calvin Harris in 2015, is worth about $100 million.
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