Jay-Z Net Worth $1 Billion. World’s First Billionaire Rapper

Net Worth:$1 Billion
Age:49
Born:December 4, 1969
Country of Origin:United States of America
Source of Wealth:Rapper/Entrepreneur
Last Updated:2019

Jay-Z, born Shawn Corey Carter, is an American rapper, entrepreneur, and investor. He has become one of the bestselling musicians of all time, after having sold 100+ million records, and received 21 Grammy awards for his work.

Jay-Z’s net worth is estimated to be an incredible $1 billion as of 2019, which makes him the richest rapper of all time, and the very first billionaire in the hip hop industry.
Just like many of the other successful athletes and musicians of the world, Jay-Z didn’t let music be the be-all and end-all of his career. He diversified, and began investing in nightclubs, restaurants, his own clothing line and record label.

Early Life

Shawn Carter was born on the 4th December 1969 in Brooklyn, New York, United States. He was raised in Marcy Houses, a housing project in Brooklyn’s Bedford-Stuyvesant neighborhood. Gloria, Shawn’s mother, raised him and his 3 siblings after their father abandoned them.

Shawn attended Eli Whitney High School in Brooklyn until it was closed down. He then attended the nearby George Westinghouse Career and Technical Education High School with future rappers The Notorious B.I.G and Busta Rhymes, followed by a stint at Trenton Central High School in Trenton, New Jersey. He never graduated from High School.
Gloria purchased a boom box for Jay-Z’s birthday, initially sparking an interest in music. After this, he began free-styling and writing lyrics, adopting the name ‘Jay-Z’ to honor his mentor ‘Jay-O’.

At 19, Jay-Z made his first appearance on MTV.

Career

Initially, Jay-Z was selling records out of the trunk of his car. He had no record deal, and was unsigned, so he did whatever he could to try and sell his music.

He founded the record label Roc-A-Fella records with Damon Dash and Kareem Biggs, which ended up with them striking a distribution deal with Priority. This then allowed Jay-Z to release his debut album ‘Reasonable Doubt’ in 1996.

Fast forward to today, and Jay-Z holds the record for most number one albums by a solo artist on the US Billboard 200 with 14. He has also had four number #1’s on the Billboard Hot 100.

How much is Beyonce & Jay-Z’s combined net worth?

As of 2019, Jay-Z’s net worth is $1 billion, and Beyonce’s net worth is $500 million, which gives the couple a combined net worth of $1.5 billion dollars.
beyonce-jay-z Jay-Z Net Worth $1 Billion. World's First Billionaire Rapper

Highlights

Here are some of the highlights of Jay-Z’s career:

  • Favorite Rap/Hip-Hop Artist, American Music Awards (2004, 2009)
  • Best Male Hip-Hop Artist, BET Awards (2001, 2004)
  • Video of the Year, BET Awards (Otis, 2012)
  • Hustler of the Year, BET Hip-Hop Awards (2009, 2011, 2012, 2013)
  • Lyricist of the Year, BET Hip-Hop Awards (2009)
  • MVP of the Year, BET Hip-Hop Awards (2009)
  • Rap Artist of the Year, Billboard Music Awards (1999)
  • Best International Male Solo Artist, BRIT Awards (2010)
  • Best Rap Solo Performance, Grammy Awards (99 Problems, 2005)

Summary

Jay-Z is one of the most successful hip-hop artists in the world, and he’s also an accomplished entrepreneur. We know this guy is the real deal, and his net worth of over $1 billion shows it.

He’s inspired a lot of other artists to come forward and start producing.

What do you think of Jay-Z’s net worth? Leave a comment below.

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