Jay Z is an American rapper, business mogul and investor with a net worth estimated at $610 million, according to Forbes. However, other sources say the figure is as high as $700 million.
Jay Z Net Worth: Brief History
Jay Z was born Shawn Corey Carter on December 4th, 1969 in Brooklyn, New York. A high school drop-out, Jay Z’s interest in music led his mom to buy him a boom box for his birthday gift. Jay Z’s music often talks about selling crack in his teen life and getting shot at. His interest in music grew when he began freestyling and rhyming. He followed up popular musicians during his time including Jaz O, the inspiration behind his moniker.
Jay Z Music Discography and Career Breakthrough
Jay Z began by selling his CD’s out of his car before founding his own independent label Roc-A-Fella Records in 1995, together with Damon Dash. His debut album Reasonable Doubt was released in 1996. Its success was followed up with “In My Lifetime, Vol. 1” (1997) which achieved more success than the first. Since then, Jay Z’s music career has been on the rise. He went on to release four number one Billboard Hot 100 including Blueprint (2001).
Today, Jay Z is recognized as one of the greatest MC’s of all time as well as one of the world’s best selling artists of all time. He has sold over 100 million records worldwide. For his musical works, Jay Z has received over 20 Grammys and other coveted awards and nominations. Jay Z have not released a studio album since his Magna Carta Holy Grail in 2013. However, he continues to feature with other musicians as well as play in shows and tours.
Jay Z’s Songs and Albums
The rapper has released thirteen solo studio albums, one live album, five compilation albums,three collaboration albums, one soundtrack album, two extended plays, one hundred and fifteen singles (including forty-five as a featured artist), nine promotional singles and eighty-two music video. As at December 2012, he has sold 55 million studio albums worldwide.
Some of his notable albums include: Reasonable doubt, Magna Carta holy grail, In my lifetime, hard knock life, 4:44
Jay Z House
It was rumored that Beyonce and Jay Z have settled on a $130 million mansion in Bel Air which the asking price has come down to $90 million after struggling to find the perfect LA home within their budget. According to Dailymail UK, The real estate deal is super hush-hush, but Bey and Jay have quietly snapped it up according to real estate sources not authorized to comment publicly on the proposed deal.
Beyonce and Jay-Z have rented mansions in LA previously, but never bought in the city; being outbid in previous attempts by fashion designer Tom Ford and Minecraft creator Markus Persson.
Jay Z Business Portfolio
Not only does the rapper boast a successful music career, he also has successful business ventures outside the music scene that collectively adds up to the colossal amount of wealth he has accumulated over the years. As an entrepreneur, Jay Z is the co-creator of Rocawear, a clothing line he pulled from scratch. In 2007, he sold the rights to the brand to Iconix Brand Group for $204 million, while retaining his stake in the company.
Jay Z is the co-owner of 40/40 Club sports bar in New York. A founder of Roc Nations Sports, Jay Z is a certified MLB and NBA sports agent.
Jay Z keeps expanding his business portfolio and it would come as no surprise to see him join the billionaire’s club soon. Some of his recent investments include Armand de Brignac champagne and Tidal Streaming services to name a few.
He has been featured many times on Forbes list and has been a regular on their Hip Hop Cash Kings List.
Jay Z has appeared in a handful of movies including State Property (2002), and Paper Soldiers (2002). His musical journey is well-summarized in his Fade to Black documentary that also features the host of other artists that played a part in molding him.
He’s married to songstress Beyoncé. Their daughter, Blue Ivy Carter was born on 7th January 2012.
See Also: Nas Net Worth