Jay-Z is often regarded as the world’s richest rapper and music artist. Jay-Z founded several multi-million dollar businesses, including Rocawear and 40/40 Club.
Jay-Z earns more than $150 million each year and has assets and investments worth $850 million. Jay-Z and Beyoncé are widely recognized as the world’s wealthiest celebrity couple.
Jay Z Early Life
Jay-Z was born Shawn Carter in December 1969 in Brooklyn, New York. He was one of four children raised by his mother when his father opted to abandon them all and vanish.
Jay grew raised in the Marcy Houses and attended various schools. The Marcy Houses were so unsafe that the entire area had to be closed down.
Carter attended Eli Whitney High School until it closed, then transferred to George Westinghouse Career and Technical Education High School, where he never graduated.
Jay’s classmates at one of his high schools included two young guys who would go on to become The Notorious B.I.G. and Busta Rhymes.
Carter became interested in music after his mother gave him a boombox for his birthday. He then began penning rhymes and freestyling, and he has been on recordings by various hip-hop artists. During this period, he took on the stage moniker Jay-Z.
Jay Z’s Net Worth 2023
Jay-Z’s net worth is expected to reach over $2.5 billion in 2023. According to reports, Jay-Z sold half of his ownership in D’Usse cognac to Bacardi, who now owns 100% of D’Usse.
JAY-Z is now the world’s richest rapper. Forbes updates JAY-Z’s net worth to $2.5B 😳‼️ pic.twitter.com/67Y0nBaJWc
— Nigeria 🇳🇬 Sarkodie 👑 (@Ponialbert1) March 26, 2023
Jay-Z’s net worth was $1.3 billion before the deal, and it increased to $2 billion thereafter. Jay-Z is the ex-husband of internationally renowned singer Beyonce. Jay-Z’s real name is Shawn Carter, and he was born in Brooklyn, New York.
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Jay Z Career
Initially, Jay-Z sold recordings from the trunk of his car. He didn’t have a record deal and was unsigned, so he did whatever he could to sell his music.
He co-founded the record label Roc-A-Fella Records with Damon Dash and Kareem Biggs, which resulted in a distribution agreement with Priority. Jay-Z was therefore able to release his debut album ‘Reasonable Doubt’ in 1996.
Now, Jay-Z holds the record for the most number-one albums by a solo artist on the US Billboard 200, with 14. He has also had four Billboard Hot 100 number-one hits.
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