Hip-hop mogul Jay-Z has seen his net worth soaring to a new height. He boasts a fortune of $2.5 billion. According to a Forbes report on Friday (March 24), Jay-Z is now the 1,203rd wealthiest person on the planet. French business magnate Bernard Arnault, CEO of Lvmh Moet Hennessy Louis Vuitton, currently sits at No. 1 on that list with a reported valuation of $216.1 billion, reports ‘aceshowbiz.com’.
The report notes that the Grammy Award-winning artist’s fortune reaches far beyond music. “Even in a year without a tour or album release, Jay-Z mints millions from his Armand de Brignac champagne and D’Usse cognac,” it says.
“The Brooklyn-born rapper was crowned hip-hop’s first billionaire by Forbes in 2019, thanks to a sprawling and diversified empire,” the report adds, noting his assets range from his Roc Nation entertainment and sports empire to “a fine-art collection including works by Jean-Michel Basquiat.”
With his reported current net worth,...
The report notes that the Grammy Award-winning artist’s fortune reaches far beyond music. “Even in a year without a tour or album release, Jay-Z mints millions from his Armand de Brignac champagne and D’Usse cognac,” it says.
“The Brooklyn-born rapper was crowned hip-hop’s first billionaire by Forbes in 2019, thanks to a sprawling and diversified empire,” the report adds, noting his assets range from his Roc Nation entertainment and sports empire to “a fine-art collection including works by Jean-Michel Basquiat.”
With his reported current net worth,...
- 3/25/2023
- by News Bureau
- GlamSham
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