Jay-Z wasn’t kidding when he said, ‘I’m not a businessman, I’m a business, man.’
The 48-year-old got his start in the music industry in 1996 with the release of his debut album, Reasonable Doubt. Since then he’s branched out into different pockets of the music business, the fashion industry, restaurants and, most recently, film.
On Monday it was announced that a documentary, produced by Jay-Z, would be coming to the Paramount Network in April 2017. The documentary, titled Rest in Power: The Trayvon Martin Story, will detail Trayvon Martin’s life story and the legacy he left behind in six parts.
This is just one of many ventures the father of three has his hands in. Jay-Z founded Rocawear in 2007, is a partial owner of the 40/40 clubs, serves as co-brand director for Budweiser Select and owns his own management company. Each of these successful ventures is reflected in Jay-Z’s plentiful net worth.
So how much is Jay-Z worth?
Who is Jay-Z?
Shawn Corey Carter was born December 4, 1969 in New York City. He’s known publicly as Jay-Z. Before he was famous, Jay-Z lived in the Marcy Houses in Bedford-Stuyvesant, Brooklyn. He and his siblings were raised by Gloria Carter, who was a single mother most of their lives.
Jay-Z has been open about his past, revealing in songs and interviews that he sold drugs. In an October 2013 interview with Vanity Fair, he explained his decision. Jay-Z revealed that his mother did the best he could to get by, but his income allowed him some financial freedom of his own.
‘We were living in a tough situation, but my mother managed; she juggled,’ he said. ‘Sometimes we’d pay the light bill, sometimes we’d pay the phone, sometimes the gas went off. We weren’t starving – we were eating, we were OK but it was things like you didn’t want to be embarrassed when you went to school; you didn’t want to have dirty sneakers or wear the same clothes over again.’
He later admitted he felt guilty after growing up and realizing he’d contributed to a growing epidemic.
Jay-Z first broke into the music industry in 1996 when he released his first album, titled Reasonable Doubt. The album is now considered one of the greatest albums of all time. He continued to release music, collecting accolades along the way.
He won his first Grammy Award in 1999. Jay-Z was nominated for Best Rap Album, Best Rap Solo Performance and Best Rap Performance by a Duo or Group. He won Best Rap Album for Vol. 2…Hard Knock Life.
In 2003, while his music career continued to boom, Jay-Z dove into the fashion industry. That year he announced the S. Carter collection. Years later he and Damon Dash founded Rocawear. Jay-Z become the lone owner of the company in 2006 after falling out with Dash. He later sold the rights to another company for more than $200 million (£145 million).
Jay-Z co-owns the 40/40 Club in New York City. Other locations have since opened in Atlantic City, New Jersey, and Chicago.
He’s also an accomplished author. His memoir, Decoded, was released in November 2010.
Jay-Z’s first foray into the sporting world came in 2013 with the launch of Roc Nation Sports. The company is a sports management firm that works with players from teams like the New York Yankees and more. Due to his new venture, Jay-Z was forced to sell the small share in the Brooklyn Nets he purchased in 2012.
Music, fashion, sport and food aren’t his only endeavors. In 2014, Jay-Z got into spirits. He purchased Armand de Brignac champagne brand, which makes the popular Ace of Spades champagne. Jay-Z had been financially invested in the company from its earliest days, according to Forbes.
Jay-Z net worth
According to Celebrity Net Worth, Jay-Z’s net worth is $900 million (£653 million).
Jay-Z and Beyonce
Jay-Z and Beyonce met in 2002 while collaborating on 03 Bonnie & Clyde. They worked together several more times, while rumors swirled about their relationship. They married six years later in an intimate ceremony in New York City in April 2008.
The pair have been listed among the most powerful couples in the world by Time magazine. Together, they’re said to be worth a whopping $162 million (£117 million).
Beyonce net worth
Beyonce’s net worth is an estimated $500 million (£362 million). Find out more about her net worth and how she made her money here.
Jay-Z and Beyonce children
Jay-Z and Beyonce expanded their dynasty in 2011. Beyonce announced the news that she was pregnant during the MTV Video Music Awards that year. Blue Ivy Carter was born January 7, 2012.
Beyonce announced that she was pregnant a second time in February 2017. Twins Sir and Rumi Carter were born that June. Beyonce and Jay-Z seldom share photos of the twins or take them out in public.
News
(B)Beyoncé’s left Jay Z’s mansion and moved in with the Drakes after she signed divorce papers? NEWS VIDEO
In a move that has rocked the entertainment industry, global superstar Beyoncé has officially departed the lavish mansion she once shared with her now ex-husband Jay-Z. This dramatic development comes on the heels of the high-profile couple’s messy divorce, which…
(B)STRESS: Kim Kardashian & Khloé Kardashian CONFLICT over parenting style…heated motherhood battle? NEWS VIDEO
In the latest episode of “The Kardashians,” tensions between Kim Kardashian and Khloe Kardashian escalated, resulting in a heated argument that brought their underlying issues to the surface. The confrontation began with an accusation of mom shaming, with both sisters…
(B)Kim Kardashian and Kanye West: THE TENSE STRUGGLE ABOUT CHILD CUSTODY AND THE SURPRISING END OF North West’s Unexpected Choice? NEWS VIDEO
Kim Kardashian is once again in the media spotlight, facing criticism for her parenting skills, particularly towards her daughter, North. Recently leaked tapes revealed troubling conversations between Kim and North, showcasing North’s clear preference to stay with her father, Kanye…
(B)Kris Jenner was cheated out of $500 million by Corey Gamble and ended the relationship? NEWS VIDEO
The latest drama surrounding Kris Jenner and her longtime boyfriend, Corey Gamble, has taken the internet by storm. According to rumors, Corey not only ended their relationship but also slapped Kris and made off with $500 million of her money….
(B) OMG: Travis Barker SURPRISE Kourtney K did such a terrible thing to him? NEWS VIDEO
The Kardashian family, already well-known for their dramatic entanglements, finds itself embroiled in yet another scandal, this time involving Courtney Kardashian and Quincy Brown, one of Diddy’s sons. The latest revelations have sent shockwaves through both the entertainment industry and…
(B) Blake Lively, Hasan Minhaj night out with ‘It Ends With Us’ cast mates
Blake Lively and Hasan Minhaj was joined by Isabel Ferrer and Brendon Sklenar during New York outing Blake Lively and Hasan Minhaj enjoyed a night out with their It Ends With Us cast members. According to People, the star cast appeared to be…
End of content
No more pages to load