Jay-Z Bio | Details |
---|---|
Full Name | Shawn Corey Carter (Stage Name: Jay-Z) |
Date of Birth | December 4, 1969 |
Place of Birth | Brooklyn, New York |
Nationality | American |
Net Worth | $2 billion USD |
Professions | Rapper, Producer, Songwriter, Businessman |
Notable Albums | – “Reasonable Doubt”<br> – “The Blueprint”<br> – “The Black Album”<br> – “4:44” |
Business Ventures | – Co-founder of Roc-A-Fella Records<br> – Founder of Roc Nation<br> – Founder of the 40/40 Club<br> – Investments in Armand de Brignac champagne, Tidal, D’Usse cognac, and Marcy Venture Partners |
Earnings | $70-80 million per year (from various sources) |
Major Business Deal | Sold 25% stake in D’Usse cognac for $750 million in February 2023, increasing his net worth to $2 billion |
Family | – Wife: Beyoncé Knowles<br> – Children: Blue Ivy, Sir, and Rumi |
Age | 53 years old (as of the current date) |
Height | Approximately 6 feet 2 inches (1.88 meters) |
What is Jay-Z’s Net Worth?
Jay-Z is a $2 billion-dollar-worth American rapper, producer, songwriter, and businessman. Jay-Z is widely regarded as one of the most influential hip hop artists of all time. He went on to have a hugely successful music career after co-founding Roc-A-Fella Records in 1995, with hit albums such as “Reasonable Doubt,” “The Blueprint,” “The Black Album,” and “4:44.” Jay-Z founded the entertainment agency Roc Nation and the luxury sports bar chain the 40/40 Club, among many other businesses.
Jay-Z describes himself as a “businessman, not a businessman.” That couldn’t be more accurate. He earns $70-80 million per year from touring, business ventures, music royalties, and other assets. Jay-Z became a billionaire for the first time on his own in June 2019 as a result of his vast business empire, which now includes record sales, touring, merchandise, endorsements, and investments such as Armand de Brignac champagne, Tidal, and D’Usse cognac. Marcy Venture Partners, named after the housing project where Jay grew up, is where he makes investments.
Jay sold half of his 50% stake in D’Usse cognac to Bacardi (which already owned the other 50%) for $750 million in February 2023. With a $3 billion implied valuation, his remaining 25% was worth $750 million. Jay-Z’s net worth was $1.3 billion prior to the sale. He was worth $2 billion after the sale. More on this in the article that follows. Jay-Z and his wife Beyonce Knowles are worth $2.5 billion together. They first surpassed the billion-dollar mark in July of 2014. Jay-Z and Beyonce paid $200 million for their Malibu home in May 2023. It is one of the most expensive private home purchases in the history of the United States. Following their purchase, here’s a video tour of their Malibu home shot from a helicopter:
Jay-Z Bio
Shawn Corey Carter, better known by his stage name Jay-Z, was born on December 4, 1969, in Brooklyn, New York. He is an American rapper, songwriter, record executive, businessman, and media proprietor. Jay-Z is one of the most acclaimed and successful artists in the history of hip hop.
Jay-Z Career
Jay-Z’s career began in the late 1980s, but his debut album, “Reasonable Doubt,” was released in 1996. Since then, he has released multiple critically acclaimed and commercially successful albums, including “The Blueprint,” “The Black Album,” and “4:44.” His music often explores themes of fame, wealth, race, and personal struggle.
In addition to his music career, Jay-Z is a shrewd businessman. He founded the clothing line Rocawear, the entertainment company Roc Nation, and has invested in several other ventures, such as the champagne brand Ace of Spades and the music streaming service Tidal.
Jay-Z’s achievements include winning 23 Grammy Awards and being the first hip hop artist to be inducted into the Songwriters Hall of Fame. Forbes has frequently listed him as one of the wealthiest hip hop artists.
Jay-Z Family
Jay-Z is married to pop and R&B superstar Beyoncé Knowles. The couple has three children: a daughter named Blue Ivy and twins named Sir and Rumi.
Jay-Z Age
As of today Jay-Z would be 53 years old.
Jay-Z Height
Jay-Z stands at a height of approximately 6 feet 2 inches (1.88 meters).
Jay-Z Net Worth Growth
Year | Net Worth (in billions USD) |
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Jay-Z Net Worth 2023 | $2.0 |
Jay-Z Net Worth 2022 | $1.8 |
Jay-Z Net Worth 2021 | $1.6 |
Jay-Z Net Worth 2020 | $1.4 |
Jay-Z Net Worth 2019 | $1.3 |