Jay-Z becomes first hip-hop billionaire-Forbes

Jay-Z is now officially the first hip-hop artist to become a billionaire according to Forbes.

According to the magazine, Jay-Z achieved billionaire status through his numerous business ventures both within and outside music, making him one of the few entertainers, who have achieved billionaire status and “the first hip-hop artist to do so.”

Image of Jay-Z

The artist who is into different business ventures like art, real estate, liquor, video streaming service, also has huge stakes in major brands.

Jay-Z’s video streaming service, Tidal is said to be worth $100 million and also his D’Usse brand. His entertainment company, Roc Nation and his Classic Music Catalog are both worth $75 million each.