Jay-Z Becomes Hip-Hop's First Billionaire

HOLLYWOOD, CALIFORNIA - MARCH 30: Jay-Z accepts the Presidents Award onstage at the 50th NAACP Image Awards at Dolby Theatre on March 30, 2019 in Hollywood, California. (Photo by Earl Gibson III/Getty Images for NAACP)
Jay-Z has hit a new milestone that has never before been reached.
Today, a report from Forbes has confirmed that Jay-Z’s net worth “conservatively totals $1 billion, making him one of only a handful of entertainers to become a billionaire—and the first hip-hop artist to do so.”
The Forbes article also breaks down the components of Jay’s fortune, including a $70 million dollar art collection, $50 million in real estate, a music catalog worth $75 million, and more.
[via MP3Waxx]