Shawn Corey Carter, better known as Jay-Z, is an American rapper and entrepreneur. He is one of the most popular and influential rappers of all time. With over a hundred record-breaking records, Jay-Z etched his name in the history books.
Jay-Z has sold many records and has won over 20 Grammy awards. He has inspired many new artists through his music and career. The Rap Game isn’t the only thing Jay-Z aced; he owns many different businesses and clubs.
All the hard work Jay-Z did made him the first-ever hip hop artist to have a Net Worth of over one billion dollars.
Let’s take a detailed look at Jay-Z’s Life, career, and Net Worth.
Shawn Corey Carter was born on December 4, 1969, in Brooklyn, New York. Jay-Z and his 3 siblings were raised by a single mother because their father decided to leave them when he was just a child. He had a hard life as he moved from school to school and lived in a dangerous neighborhood.
Jay-Z had to sell drugs for a living, and because of these illegal activities, he had a lot of fights and was shot a few times.
Passion For Music
Ever Since he was a young kid, Jay-Z always had a love for music. His mother bought him a boom-box when he was little, and he started writing songs and freestyling. He found comfort in music and slowly started to make a name for himself around the neighborhood.
The Beginning of his Career
In the late ’90s, Jay-Z started a record company known as Roc-A-Fella Records. The company was then sold to Def Jam records under the condition that Jay-Z will own all of the recordings. Jay-Z debuted with his first album “Reasonable Doubt,” which was a huge success and sold over a million copies in the first year.
After that, Jay-Z sold over 50 million albums and 75 million singles worldwide and won 22 Grammy awards.
Jay-Z is married to the pop sensation and legend Beyonce and has three children, Blue Ivy, Sir, and Rummi.
Jay-Z owns many different businesses. In the ’90s, he started his clothing brand, which was a huge success and generated a staggering $700 million in revenue in a year. He also owns several nightclubs and has shares in massive brands like Armadale Vodka and Budweiser.
Jay also launched a sports management company Roc Nation Sports, in 2013. He is also the owner of the $300 million champagne company Armand de Brignac.
Jay-Z owns many multi-million dollar mansions, apartments, and condos. He also bought a 4 million dollar island in the Bahamas. In total, he owns $150 million worth of property.
Jay-Z Net Worth
With many different businesses, companies, and stakes, Jay-Z has a net worth of over $1 billion, which is increasing day by day. Making him the wealthiest hip hop artist in the world.