What is the net worth of Jay-Z?
A unique resume of entrepreneur, rapper, and music producer, accounts for the net worth that Shawn “Jay-Z” Carter, aka HOV, has built since first making his mark on the music scene in 1989 when he joined rapper Jaz-O on Yo! MTV Raps.
Born in 1969 and raised in Brooklyn’s drug-infested Marcy projects, Jay-Z turned to rap at a young age to escape his turbulent upbringing. Fast forward to 1996, Jay-Z released his debut album Reasonable Doubt, and the rest is, shall we say, HOV-tory.
So just how much does Jay-Z pull in from his music and business ventures?
Jay-Z net worth is an estimated $550 million. Together with superstar wife Beyonce, the couple’s net worth is an estimated $900 million. Last year, Jay-Z ranked #32 on the Forbes list of wealthiest celebrities. All together, Jay-Z’s many investments and ventures make the kind of dough that’s music to your ears.
Jay-Z net worth comes from his many business dealings and the fact that ever single album he’s made, which total more than 15, has gone platinum. Beginning as co-founder of Roc-A-Fella Records, Jay-Z sold Rocaware Clothing, which he also co-founded, for $204 million in 2007.
A recent $150 million deal with Live Nation and ownership stake in Def Jam Records also contribute to Jay-Z’s success. What’s more, Jay-Z is co-owner of 40/40 nightclubs in New York City, Atlantic City and Chicago, as well as co-director of Budweiser Select.
Jay-Z recently released his shares as part-owner of the Brooklyn Nets to start his own sports agency, Roc Nation Sports. Jay-Z played an integral role rebranding the Nets and guiding the team’s transition to Brooklyn. Formed in 2013, Roc Nation Sports already represents such big names as Kevin Durant and Victor Cruz, proving even more that Jay-Z’s career seems to be as varied as it is unstoppable.
Jay-Z net worth will only increase in the coming years.