What is Jay-Z net worth?

Shawn Corey Carter, is an American rapper, record producer, and entrepreneur born on December 4, 1969 in New York, United States.

Famous by his stage name Jay-Z, he is known for his involvement in the creative and commercial success of numerous artists. He was named the greatest rapper of all times in 2023 by Billboard and Vibe.

Carter is the founder and chairman of entertainment company Roc Nation, and was the president and chief executive officer of Def Jam Recordings from 2004 to 2007.

Early Life

Born in Brooklyn, New York, Jay was one of four children, and his mother raised the family alone after his father abandoned them.  He grew up in the Marcy Houses, and moved from school to school.

The Marcy Houses were said to be so dangerous that the entire neighborhood was eventually shut down.

Carter attended Eli Whitney High School until it was shut, he later moved to George Westinghouse Career and Technical Education High School, but never actually graduated.

At one of his high schools, Jay had Notorious B.I.G. and Busta Rhymes as classmates.

Carter developed his interest in music thanks to his mother, who bought him a boombox for his birthday.

He subsequently began writing lyrics and freestyling, and appeared on some tracks by other hip hop artists. It was during this time he adopted the stage name Jay-Z.

Beyonce in the mix

Carter and Beyonce’s love story could be traced back to 2002, when they both collaborated in the song, “03-Bonnie & Clyde,” as well as her hit single, “Crazy in Love,” and “That’s How You Like it.” He made appearances in several of Beyonce performances.

In 2008, Beyonce and Jay-Z got married. They welcomed their first child, Blue Ivy, on January 8, 2012. On June 13, 2017 Beyonce gave birth to twins, a daughter named Rumi and a son named Sir.

Jay-Z net worth

Jay-Z has a net worth of $2 billion.

After co-founding Roc-A-Fella Records in 1995, he went on to have a hugely successful music career with such hit albums as “Reasonable Doubt,” “The Blueprint,” “The Black Album,” and “4:44.”

Jay-Z also founded the entertainment agency Roc Nation and the luxury sports bar chain the 40/40 Club.

In his own words, Jay-Z is “not businessman, he’s a business… man.” And that could not be more true. In any given year he earns $70-80 million from touring, business ventures, music royalties and other assets.

Jay Z first became a billionaire on his own in June 2019, from his vast business empire that today includes record sales, touring, merchandise, endorsements and investments like Armand de Brignac champagne, Tidal and D’Usse cognac.

He makes investments through Marcy Venture Partners which is named after the housing project where Jay grew up.

Billionaire Journey

In September 2009, Jay-Z had a net worth of $300 million. By September 2012 his net worth had jumped to $475 million.

In 2013, he crossed the $500 million mark for the first time and at 2015 he had topped the $600 million mark.

As of January 2019 he was worth at least $930 million. In June 2019 Carter’s net worth officially hit the billionaire status.

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