American rapper Jay-Z is named as world's first hip-hop billionaire

American rapper Jay-Z is named as world's first hip-hop billionaire

- American rapper, Jay-Z, has finally been tagged a billionaire

- According to Forbes Magazine, the entertainer is the first hip-hop rapper to reach this milestone

- Jay-Z is involved in a number of profitable businesses that helped him amass his great wealth

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American rapper, Shawn Carter - better known as Jay-Z - has no doubt established himself as a talented entertainer and a skilled businessman.

Not many people can boast of being endowed with both talents and Jay-Z is finally reaping the fruits of his doggedness.

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American rapper Jay-Z named world's first hip-hop billionaire

American rapper Jay-Z named world's first hip-hop billionaire

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According to a new publication by Forbes, the rapper has finally become a billionaire.

He was named as one of the handful entertainers to attain such a feat as well as the first hip-hop rapper to achieve it.

It was also gathered that the billionaire rapper is involved in several profitable businesses, including real estate, liquor, art collections and more.

According to Forbes, his music catalogue is worth $75 million, his streaming service, Tidal, is worth $100 million, his art collection is worth $70 million, his cash and investments are worth $220 million, to name a few of his sources of wealth.

This all puts the rap superstar's nett worth at well over a billion.

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Source: Briefly.co.za

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