CELEBRITIES

Jay-Z’s Net Worth Increases To New Record Levels

Jay-Z has been doing great things in the world of hip hop and business over the years such as recently selling his cognac brand D’USSE and Tidal to big money movers.

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Forbes recently did a report in which they calculated where Jay-Z’s net worth stands. Although his net worth was $1.4 billion last year, it is now being reported that he boasts a fortune of $2.5 billion. Jay-Z has sold so many successful businesses as of late that it only makes sense his net worth would be this massive. In fact, this figure makes him the richest rapper alive by a pretty significant margin. While Kanye used to be close, his Adidas failings have crushed his net worth down to about $400 million.

Jay-Z certainly isn’t finished when it comes to building his empire. In fact, over the past few months, it has been theorized that he would go into business with Jeff Bezos. This partnership would be a strategic one in order to purchase the NFL’s Washington Commanders. The two were seen at dinner together a few months ago, which led to further speculation that they wanted to be business partners. However, they have yet to make any sort of official offer for the team.

In February, D’USSÉ’s parent company Bacardi agreed to purchase Jigga’s 50 percent stake for a reported $750 million. The Roc Nation boss became Hip Hop’s first billionaire in 2019 thanks to his “expansive, encompassing liquor, art, real estate (homes in Los Angeles, the Hamptons, Tribeca) and stakes in companies like Uber,” Forbes wrote at the time.