Artist, Icon, Billionaire: How Jay-Z Created His $1 Billion Fortune

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New billionaire Jay-Z has accumulated a varied fortune stretching from champagne and cognac to tech startups and real estate.

two unlikely lunch partners sat down at the Hollywood Diner in Omaha, Nebraska. One, Warren Buffett, was a regular there. The other, Jay-Z, was not. The billionaire and the rapper ordered strawberry malts and chatted amiably, continuing the conversation back at Buffett’s Berkshire Hathaway offices.

Buffett, then 80, walked away impressed with the artist 40 years his junior: “Jay is teaching in a lot bigger classroom than I’ll ever teach in. For a young person growing up, he’s the guy to learn from.” This moment, which was originally captured in our, made it clear that Jay-Z already had a blueprint for his own ten-figure fortune. “Hip-hop from the beginning has always been aspirational,” he said.

Less than a decade later, it’s clear that Jay-Z has accumulated a fortune that conservatively totals $1 billion, making him one of only a handful of entertainers to become a billionaire—and the first hip-hop artist to do so. Jay-Z's steadily growing kingdom is expansive, encompassing liquor, art, real estate and stakes in companies like Uber.

His journey is all the more impressive given its start: Brooklyn’s notorious Marcy housing projects. He was a drug dealer before becoming a musician, starting his own label, Roc-A-Fella Records, to release his 1996 debut,Crucially, he realized that he should build his own brands rather than promote someone else’s: the clothing line Rocawear, started in 1999 ; D’Ussé, a cognac he co-owns with Bacardi; and Tidal, a music-streaming service.

 

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So fuckin what, this means what to who exactly? People need to wake up and stop being the herd.

What’s agenda behind the continued tweeting of this SAME article? I’ve seen this about ten times already.

Not bad for a crack dealer, eh IngrahamAngle ?

Who cares!? Black wealth =$0 by 2053. We demand transformative policy. Tangibles2020

Billion is definitely the new million. Wow. Well done Jay!

Hey BarackObama, just say when...

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Artist, Icon, Billionaire: How Jay-Z Created His $1 Billion FortuneNew billionaire Jay-Z has accumulated a varied fortune stretching from champagne and cognac to tech startups and real estate. Did people doubt it? Yeah my man is the biggest guy in the industry now keep it up man. Im a fan
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