Jay-Z Officially Reaches Billionaire Status

Discussion in 'The Record Store' started by Goldie, Jun 3, 2019.

  1. Goldie

    Goldie Hard Work + Patience Site Owner R.I.P NIP

    64,250
    22,158
    113
    ABW Bucks:
    $51,449,815
    ABW Bucks:
    $51,449,815 ($1 Banked)
    What’s Jay-Z Worth?
    To calculate his net worth, we looked at the artist’s stakes in companies like Armand de Brignac champagne—applying our customary discount to private firms—then added up his income, subtracting a healthy amount to account for a superstar lifestyle. We checked our numbers with a roster of outside experts to ensure these estimates were fair and conservative. Turns out, Jay-Z really is a business, man.
    [​IMG]


    Armand de Brignac
    $310 million
    [​IMG]


    Jay-Z has used his music to shill the $300 gold bottles of the "Ace of Spades" champagne since launching the brand with the 2006 video “Show Me What You Got." More recently, his verse on Meek Mill’s “What’s Free" put a half-billion-dollar value on the wine, which seems like a bit too bubbly a number.
    [​IMG]


    Cash & investments
    $220 million
    A vast investing portfolio includes a stake in Uber worth an estimated $70 million. He reportedly purchased his piece for $2 million back in 2013—and then wired founder Travis Kalanick another $5 million in an attempt to increase his holdings, but was rebuffed.

    [​IMG]


    D’Ussé
    $100 million
    Jay-Z’s cognac, a joint venture with beverage giant Bacardi, moves almost 200,000 cases and has grown nearly 80% annually. “Jay-Z resonates with consumers who are attracted to the ultra-premium lifestyle," says Eric Schmidt, Beverage Marketing Corp.’s Director of Alcohol Research.



    Tidal
    $100 million
    In 2015, Jay-Z submitted a bid to purchase the Scandinavian streaming service’s parent company for just shy of $60 million. He relaunched Tidal later that year with a roster of celebrity investors including his wife, Beyoncé, and other music luminaries, from Kanye West to Calvin Harris.

    [​IMG]


    Roc Nation
    $75 million
    This wide-ranging entertainment company started over a decade ago as part of a joint venture with concert giant Live Nation. Roc Nation represents some of the top stars in the entertainment through its sports agency (Kevin Durant, Todd Gurley) as well as its record label and artist-management arms (Rihanna, J. Cole).

    [​IMG]


    Music catalog
    $75 million
    [​IMG]


    Before the beginning of his stint as Def Jam’s chief in 2004, Jay-Z negotiatedthe eventual return of his master recordings from the aforementioned label that helped launch his career; in a separate deal with EMI, he clawed back his publishing rights. Wise move: his hits now clock close to 1 billion streams annually.
    [​IMG]


    Art collection
    $70 million
    In the song "Picasso Baby," Jay-Z boasted about a “Basquiat in my kitchen corner." He probably wasn't kidding. For over a decade, he’s been scooping up masterpieces like Basquiat's “Mecca,” purchased in 2013 for a reported $4.5 million. "He's rapped about it all in detail," says Fab 5 Freddy, a contemporary and friend of the late painter. "Jay-Z helped educate millions of hip-hop fans mentioning Jean-Michel."

    [​IMG]


    Real estate
    $50 million
    [​IMG]
    CJT/ MEGA/ NEWSCOM

    After welcoming twins in 2017, Jay-Z and Beyoncé bought a pair of homes to match: a $26 million East Hampton mansion and a $88 million Bel Air estate. Jay-Z also owns a Tribeca penthouse, snagged for $6.85 million in 2004.



    https://www.forbes.com/sites/zackomalleygreenburg/2019/06/03/jay-z-billionaire-worth/#31b41ffc3a5f
     
    • Goat Goat x 36
    • Ether Ether x 2
    • Cosign Cosign x 1
  2. Mooney

    Mooney Infamous Rebellion

    8,236
    2,014
    113
    ABW Bucks:
    $37,145,720
    ABW Bucks:
    $37,145,720 ($106,500,203 Banked)
    Well damn, I'm not the biggest Jz fan as I once was but I "Can't Knock The Hustle" ..I respect
     
    • Cosign Cosign x 3
    • Goat Goat x 2
  3. 1/2

    1/2 Dont drank out my drank, foo Billy Jack 2018 Rookie of the Year, 2018 Most Ghetto Male

    8,145
    4,405
    113
    ABW Bucks:
    $101,437,259
    ABW Bucks:
    $101,437,259 ($0 Banked)
    [​IMG]

    soon.....
     
    • LOL LOL x 16
  4. Focal Point

    Focal Point Negusa Negast

    2,655
    1,235
    113
    ABW Bucks:
    $91,377
    ABW Bucks:
    $91,377 ($0 Banked)
  5. DOS_patos

    DOS_patos Unverified Legion of Trill member

    16,240
    5,047
    113
    ABW Bucks:
    $1,894,607
    ABW Bucks:
    $1,894,607 ($0 Banked)
    @DOS_patos officially reached $539 status.

    Where da hoez at?
     
    • LOL LOL x 8
    • Goat Goat x 3
  6. IP360

    IP360 Official Bootyologist

    33,775
    9,201
    113
    ABW Bucks:
    $160,145,727
    ABW Bucks:
    $160,145,727 ($0 Banked)
    Post StylePost Style
    HIP....HOP!!

    rszredo2.jpg
     
    • Cosign Cosign x 10
    • Goat Goat x 1
  7. The Lonious Monk

    The Lonious Monk Celestial Souljah

    3,820
    3,907
    113
    ABW Bucks:
    $6,710,367
    ABW Bucks:
    $6,710,367 ($0 Banked)
    I think Jay is overrated as a rapper, but he is the GOAT rap mogul.
     
    • Cosign Cosign x 4
    • LOL LOL x 1
  8. Duwop

    Duwop Undeniable Staff Member ABW's 2017 Male Poster of the Year, 2018 Biggest Sore Loser Mod Squad 2018 Couple of the Year: The Du's

    35,460
    15,839
    113
    ABW Bucks:
    $114,724,697
    ABW Bucks:
    $114,724,697 ($0 Banked)
    not bad for a first generation project baby
     
    • Goat Goat x 2
  9. Breezy_Kilroy

    Breezy_Kilroy Prominent Member

    1,017
    972
    113
    ABW Bucks:
    $174,353
    ABW Bucks:
    $174,353 ($0 Banked)
    In the race to a billion got my face to the ceiling
    Got my knees on the floor please Lord forgive him
    Has he lost his religion, is the greed gon' get him?
    He's having heaven on earth, will his wings still fit him?
     
    • Goat Goat x 5
  10. Achewon87

    Achewon87 #G×FR #ProEra

    1,973
    825
    113
    ABW Bucks:
    $6,227,893
    ABW Bucks:
    $6,227,893 ($0 Banked)
    :celebrate:
     
    • Goat Goat x 9
  11. genocide_cutter

    genocide_cutter Prominent Member

    3,709
    782
    113
    ABW Bucks:
    $1,791,268
    ABW Bucks:
    $1,791,268 ($0 Banked)
    Top 5 business man in hip hop.
     
    • Cosign Cosign x 2
  12. Blue_London

    Blue_London Prominent Member

    3,512
    1,301
    113
    ABW Bucks:
    $478,398
    ABW Bucks:
    $478,398 ($0 Banked)
    I'm happy for him and the culture but frontin is 16 years old today
     
    • LOL LOL x 1
  13. DOS_patos

    DOS_patos Unverified Legion of Trill member

    16,240
    5,047
    113
    ABW Bucks:
    $1,894,607
    ABW Bucks:
    $1,894,607 ($0 Banked)
    did this nigga just do a kanye/taylor swift?
     
    • LOL LOL x 6
  14. genocide_cutter

    genocide_cutter Prominent Member

    3,709
    782
    113
    ABW Bucks:
    $1,791,268
    ABW Bucks:
    $1,791,268 ($0 Banked)
    “Shawn Carter is nice but, Sean Price is the best.”
     
    • Goat Goat x 2
  15. IP360

    IP360 Official Bootyologist

    33,775
    9,201
    113
    ABW Bucks:
    $160,145,727
    ABW Bucks:
    $160,145,727 ($0 Banked)
    Post StylePost Style
    Dre would've been the 1st had he and Tyrese not posted that vid of them mentioning Apple buying Beats.
     
    • LOL LOL x 4
  16. Qawshun

    Qawshun G.a.w.d (good at what i do)

    687
    444
    63
    ABW Bucks:
    $78,500
    ABW Bucks:
    $78,500 ($0 Banked)
    i thought dre was already tho, what did that post cost him 200mil ?
     
  17. 5 Grand

    5 Grand Prominent Member

    2,664
    615
    113
    ABW Bucks:
    $3,970,377
    ABW Bucks:
    $3,970,377 ($0 Banked)
    What does Tyrese have to do with being a billionaire, or selling Beats to Apple?


    Congrats to Jay!
     
  18. DOS_patos

    DOS_patos Unverified Legion of Trill member

    16,240
    5,047
    113
    ABW Bucks:
    $1,894,607
    ABW Bucks:
    $1,894,607 ($0 Banked)
    Them announcing it could have hurt the deal.
     
    • Cosign Cosign x 1
  19. huey

    huey Prominent Member

    416
    275
    63
    ABW Bucks:
    $67,748
    ABW Bucks:
    $67,748 ($0 Banked)
    id be pissed if folks knew i had that much money in my control
     
  20. 5 Grand

    5 Grand Prominent Member

    2,664
    615
    113
    ABW Bucks:
    $3,970,377
    ABW Bucks:
    $3,970,377 ($0 Banked)

    Yeah but I'm asking, does Tyrese really have money like that? I know he did some movies and has a R&B career, but why is he mentioned in the same breathe as Dre?
     
    • Wack Wack x 1
    Last edited: Jun 4, 2019

Share This Page