Jay-Z Net Worth: A Billion-Dollar Blueprint

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Jay-Z Net Worth

Jay-Z is an American rapper and entrepreneur. He served as the president and chief executive officer of Def Jam Recordings from 2004 to 2007 before founding the entertainment company, Roc Nation. This article provides an overview of Jay-Z Net Worth, early years, career, personal life, honors, and achievements.

Jay-Z Net Worth

Nickname:Jay-Z
Real Name:Shawn Corey Carter
Net Worth:$2.5 billion
Birthplace:Brooklyn, New York
Weight:83 kg
Sexual Orientation:Straight
Marital Status:Married
Spouse:Beyoncé
Children:Blue Ivy, Rumi, Sir
Girlfriend:None
Date of Birth:December 4, 1969
Gender:Male
Height:1.75 m
Profession:Rapper, Businessman
Nationality:
American
Source of Wealth:Music, Business
Education:Eli Whitney High School, George Westinghouse Career and Technical Education High School
Father:Adnis Reeves
Mother:Gloria Carter
Brother:Eric Carter
Sister:Michelle Carter, Andrea Carter

Early Years

Shawn Corey Carter was born December 4, 1969, in Brooklyn, New York. His mother raised him and his three siblings after their father abandoned them.

Career

Jay-Z co-founded Roc-A-Fella Records in 1995 and released his debut album “Reasonable Doubt” in 1996. Jay-Z secured a distribution deal with Def Jam in 1997 and released “In My Lifetime, Vol. 1”, which went platinum in the United States. His 1998 album, “Vol. 2… Hard Knock Life”, with hits like “Hard Knock Life (Ghetto Anthem)”, “Can I Get A…”, and “Nigga What, Nigga Who”, became his most successful, attaining 5× Platinum certification and winning a Grammy.

Jay-Z partnered with Mariah Carey on the chart-topping “Heartbreaker” and published “Vol. 3… Life and Times of S. Carter” in 1999, which includes the single “Big Pimpin”. His 2000 album, “The Dynasty: Roc La Familia”, featured producers such as The Neptunes, Just Blaze, and Kanye West and sold more than two million copies.  Jay-Z’s 2001 album, “The Blueprint”, which was written in two days, gained critical praise and sold over 427,000 copies in its debut week. It included the popular song “Izzo (H.O.V.A.)” and tunes produced by Kanye West. In 2001, he pleaded guilty to aggravated assault in connection with a 1999 stabbing.

Jay-Z’s 2002 double album “The Blueprint2: The Gift & The Curse” debuted at number one on the Billboard 200 and sold more than three million copies in the United States. Notable singles include “Excuse Me Miss” and “’03 Bonnie & Clyde” with Beyoncé. Jay-Z’s “The Black Album” (2003) sold over three million copies and contained singles such as “99 Problems”. He performed a “retirement” concert at Madison Square Garden, which was later featured in “Fade to Black”. He then collaborated with Linkin Park on “Collision Course”, which received a Grammy.

2004-2012

In 2004, Jay-Z took over as head of Def Jam Records. His comeback album, “Kingdom Come” (2006), sold 680,000 copies in its first week. “American Gangster” (2007) was a concept album inspired on the film of the same name, with one million copies sold in the United States. He stepped down as president of Def Jam in January 2008.

Jay-Z became the first big hip-hop artist to headline Britain’s Glastonbury Festival in the winter of 2008, amid criticism from Oasis’ Noel Gallagher. Jay-Z addressed the criticism by emphasising hip-hop’s development and respect for other musical genres. His performance at Glastonbury, which included a satirical cover of Oasis’ “Wonderwall,” went over well with the audience. That summer, he also headlined several other festivals, including Roskilde, Hove, and O2 Wireless. Jay-Z left Def Jam in 2009 to launch Roc Nation with Live Nation, after signing a multimillion-dollar contract. His eleventh studio album, “The Blueprint 3”, which was released in September 2009, arrived at number one on the Billboard 200, shattering Elvis Presley’s record for solo artist chart-toppers.

2013

Jay-Z’s success continued in July 2013, when his 12th album, “Magna Carta Holy Grail”, arrived at No. 1 on the Billboard 200 and sold 528,000 copies in its first week. He also worked with his wife, Beyoncé, on her self-titled fifth album, and sang “Drunk in Love” at the 2014 Grammy Awards. In 2016, he won a lawsuit for the song “Made in America” with Kanye West and Frank Ocean.

Jay-Z’s album “4:44”, released in June 2017, gained critical acclaim and quickly reached Platinum. The album’s intimate nature was praised, and it debuted at No. 1 on the Billboard 200, his 13th straight chart-topping studio album. Jay-Z and Beyoncé later released a collaborative album, “Everything Is Love”, as The Carters in 2018, collecting prizes at the MTV Video Music prizes.

Jay-Z was elected into the Rock & Roll Hall of Fame in 2021 alongside LL Cool J, and his collaboration with Kanye West on “Donda” earned him a Grammy Award for Best Rap Song. In 2022, he continued to cooperate with musicians like as Drake and Pusha T, and he received a Primetime Emmy Award for his performance during the Super Bowl LVI halftime show.

Business

Jay-Z co-founded the clothing firm Rocawear with Damon Dash and gained full control in 2006 following their feud. In 2007, he sold the company to Iconix company Group for $204 million while retaining a shareholding and oversight position. Jay-Z also inked a historic endorsement agreement with Reebok in 2003, establishing the S. Carter Collection, however the partnership ended in 2006.

Jay-Z paid $200 million for 100% ownership of Armand de Brignac champagne in 2014. He also works as the co-brand director for Budweiser Select. In technology, he paid $56 million for the music streaming service Tidal in 2015, with the goal of increasing artist revenue. Jay-Z has also invested in JetSmarter, an app for scheduling private flights.

From 2005 until 2007, Jay-Z served as president of Def Jam Recordings, where he helped launch the careers of artists like as Rihanna and Ne-Yo. After leaving Def Jam, he founded Roc Nation, a joint venture with Live Nation. In sports, he was a part-owner of the Brooklyn Nets from 2003 until 2013 and assisted in its relocation to Brooklyn. He founded Roc Nation Sports in 2013, which represents professional athletes.

Jay-Z has dabbled in a variety of different endeavours, including media with the founding of the online magazine Life + Times and cinema and television with a two-year contract with the Weinstein Company. He also co-owns the 40/40 Club sports bar chain, has invested in Carol’s Daughter cosmetic products and worked with Cohiba on a cigar brand. In 2010, he wrote a memoir called “Decoded” and was involved in a legal fight with Parlux Fragrances over his perfume, Gold. In 2020, he was appointed Chief Visionary Officer of TPCO Holding Corp, a cannabis products company, and announced a deal with Caesars Entertainment to create a casino in Times Square.

Discography

His discography includes 13 studio albums: “Reasonable Doubt (1996),” “In My Lifetime, Vol. 1 (1997),” “Vol. 2… Hard Knock Life (1998),” “Vol. 3… Life and Times of S. Carter (1999),” “The Dynasty: Roc La Familia (2000),” “The Blueprint (2001),” “The Blueprint2: The Gift & the Curse (2002),” “The Black Album (2003),” “Kingdom Come (2006),” “American Gangster (2007),” “The Blueprint 3 (2009),” “Magna Carta Holy Grail (2013),” and “4:44 (2017).”

Four Collaborative albums: “The Best of Both Worlds with R. Kelly (2002),” “Unfinished Business with R. Kelly (2004),” “Watch the Throne with Kanye West (2011),” and “Everything Is Love with Beyoncé (as the Carters) (2018).”

Personal Life

His marriage to Beyoncé Knowles-Carter is a power couple’s union. Together, they share the record for most Grammy nominations ever.

Jay-Z married Beyoncé in 2008, and they have three children together.

Awards and Achievements

Jay-Z has won 24 Grammy Awards, 6 Billboard Music Awards, 25 BET Hip Hop Awards, 2 Primetime Emmy Awards, 14 MTV VMAs and others.

He has been named one of the most influential people in the world by TIME Magazine. He was inducted into the Songwriters Hall of Fame in 2017.

Inducted into the Rock & Roll Hall of Fame in 2021.

Frequently Asked Questions About Jay Z

1. What is Jay-Z’s net worth?

2.5 billion

2. What is Jay-Z’s occupation?

Rapper, entrepreneur, and businessman

3. Where is Jay-Z from?

Brooklyn, New York

4. When was Jay-Z born?

December 4, 1969

5. How old is Jay-Z?

55 years old

6. What is the name of Jay-Z’s record label?

In 1996, Jay-Z co-founded Roc-A-Fella Records.

7. Who is Jay-Z married to?

Beyoncé

8. How many children does Jay-Z have?

Three (Blue Ivy, Rumi, and Sir)

9. What is the name of Jay-Z’s debut album?

“Reasonable Doubt”

10. How many Grammy Awards has Jay-Z won?

24

11. What is the name of Jay-Z’s clothing line?

Rocawear

12. What is the name of Jay-Z’s sports agency?

Roc Sports

13. Which teams does Jay-Z own?

Part-owner of the Brooklyn Nets and owner of the 40/40 Club

14. What is the name of Jay-Z’s streaming service?

Tidal

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