Net Worth

Jay Z Net Worth

Updated January 2, 2020
3 min read

What is Jay-Z’s Net Worth? $1 Billion

How did Jay-Z earn his wealth and money?

The very well-known rapper and businessman Jay-Z’s real name is Shawn Corey Carter and he was born on 4th December 1969. With 21 Grammy awards to his name, he is included in the best-selling musicians of all time and has sold more than 100 million records. He is the second richest hip-hop artist in the US, with $810 million to his name. Since his entrance in the music industry, he has been in the talks, but this year he gets some added exposure thanks to his newest album – 4:44 – getting him 8 Grammy nominations for 2018. Other than his music, the other thing that makes him so famous is that he is married to Beyoncé Knowles.

Jay-Z is not just a hip-hop artist; he is also a mentor who has assisted the likes of Rihanna, Willow Smith, and Rita Ora in establishing their careers.

According to Rolling Stones, three of his albums – Reasonable Doubt, The Blueprint, and The Black Album, released in 1996, 2001, and 2003 respectively – were worthy of being included in The 500 Greatest Albums of All Time.

Fourteen of his albums have topped on the US Billboard 200, which is a record he still holds for the most number of albums, by a solo artist at that, reaching the number 1 position. The Beatles were on no. 1 19 times, but they were not solo artists.

Moreover, Jay-Z bagged the no. 1 place on the Billboard Hot 100 four times which is also a record in itself what with these songs being debuts.
On the whole, according to Nielson Music, Jay-Z has sold 36.3 million copies of his albums in the USA.

Jay-Z formerly presided over Def Jam Recordings; he also co-founded Roc-A-Fella Records, and Roc Nation – an entertainment company. He also owns a sports bar in New York by the name of 40/40 Club. Jay-Z also got into the clothing business, in collaboration with Damon Dash, and created a new line known as Rocawear. Being a sports fan, he also established a sports agency named Roc Nation Sports and is a registered MLB and NBA sports agent. It should also be noted that Jay-Z yields money off of the development of Armand de Brignac champagne.

Along with all the above-mentioned aspects, Jay-Z has another source of income as the Co-brand Director of Budweiser Select; he is responsible for providing the business with creative ideas for advertisements (be they radio, print, or television ads) and various marketing strategies.

Furthermore, Jay-Z partly owns the Brooklyn Nets NBA team, and at one point it was reported in the English media was contemplating buying a share in the Arsenal Football Club. His other sources of income include ventures in real estate development. He successfully purchased a Norwegian media technology company called Aspiro. He has also launched his own cigars in collaboration with Cohiba. The rapper has also yielded money from the sales of his memoir, Decoded, that was published in 2010.

What are Jay-Z’s highest selling albums?

1. Vol. 2… Hard Knock Life: 10,500,000
2. Vol. 3… Life and Times of S. Carter: 5,000,000
3. The Black Album: 4,000,000
4. The Blueprint: 3,500,000
5. Kingdom Come: 3,000,000
6. The Blueprint 2: The Gift & The Curse: 2,500,000
7. In My Lifetime, Vol. 1: 2,500,000

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