Entertainment

Jay-Z now Hip Hop first billionaire

Jay-Z’s got something else to brag about — he’s the first hip-hop artist to be worth … ONE BILLION DOLLARS.

Jay’s net worth is officially in the 3-comma club, according to a new Forbes report that totaled all of his income from multiple business ventures and subtracted “a healthy amount to account for a superstar lifestyle.”

When it’s all said and done, here’s a breakdown of the value of the empire he’s created:

— $310 million for Armand de Brignac champagne

— $220 mil in cash and investments, including a $70 million stake in Uber

— $100 mil for D’Usse cognac

— $100 mil for Tidal

— $75 mil for Roc Nation

— $75 mil for his music catalog

— $70 mil art collection

— $50 mil in real estate

Add it up … and that’s a cool billion. Needless to say, this doesn’t include the net worth of his other half, Beyonce. The couple has been worth more than a billion combined for quite some time now.

Of course, Jay’s claim as the first hip-hop billionaire could be contested by one Dr. Dre who said he’d accomplished the feat way back in 2014 after his$3.2billion deal with Apple.

Forbes said Dre jumped the gun though and was only worth $800 million at the time.

Sorry, Dre … looks like Jay runs this town.

-TMZ

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