“Legacy, Legacy, Legacy, Legacy
Black excellency, baby, let ’em see”
History in the making is now set in stone Hip-Hop mogul Shawn “Jay-Z” Carter according to a report from a Forbes article has now listed him as the first Hip-Hop entertainer billionaire.
It’s no surprise, as Jay-Z has always been ahead of his time given his blueprint to working beyond the music industry and investing in other ventures during his life span. Hov accumulated 14 number one albums to his name, with most being confirmed classics which came under his own label Roc-A-Fella Records/Roc-Nation. He’s always been one to start his own brand rather than promote other’s with his launch of Rocawear Clothing Line, D’Usse cognac which is a joint venture with Bacardi, and the latest Tidal his music streaming company.
There are a few reasons why so many millennials look up to Jay-Z and collaborator Swizz Beatz summed it up perfectly in the Forbes article on his milestone accomplishment. “It’s bigger than hip-hop,” he states. “It’s the blueprint for our culture. A guy that looks like us, sounds like us, loves us, made it to something that we always felt that was above us. If he’s a billionaire now, imagine what he’s about to be. Because he’s only just starting.”
The Forbes article also gives you a break down of how Jay-Z built his fortune, which includes his music catalog worth $75 million dollars as he owns his masters, $70 million dollar art collection, and $50 million in real estate, and more. Check out the article in its entirety below.
Congrats to Hov the Legendary GOAT.