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]