World's richest musician worth £2.5billion has twice as much as Taylor Swift
Rapper Jay-Z has been the world's richest musician for the past eight years, with a net worth of $2.5 billion, according to Forbes - twice as much as Taylor Swift.
Rapper Jay-Z has been the world's richest musician for the past eight years, with a net worth of $2.5 billion, according to Forbes - twice as much as Taylor Swift.Jay-Z has earnt a fortune of $2.5 billion making him the worlds richest music artist (
Image: AFP via Getty Images)
Rappers often boast about their wealth, but Jay-Z, the world's richest musician with a staggering $2.5 billion fortune, has the bank balance to back it up.
Despite not dropping a new album in eight years, Jay-Z remains at the top of the music industry's rich list, thanks to his savvy business ventures that have doubled his net worth since 2019.
His illustrious career kicked off in 1996 with the launch of his Roc-A-Fella label and the release of his debut studio album, Reasonable Doubt. Since then, he's sold over 125 million records worldwide and bagged 24 Grammy awards.
However, Jay-Z's colossal wealth, estimated by Forbes to be around $2.5 billion, stems more from his diverse business deals than his hit records. Meanwhile, despite Taylor Swift raking in a record-breaking $190 million post-tax earnings from her historic Eras Tour, she trails behind Jay-Z with a net worth of £1.3 billion, making her the second richest musician.
Swift, who is believed to be the first billionaire from music alone, has accumulated around £473 million from royalties and touring, owns a music catalogue valued at another £483 million, and holds real estate assets estimated at £99 million.
Beyoncé and Jay-Z have been married for 16 years (Image:
Getty Images for Global Citizen Festival: Mandela 100)The 55-year-old entrepreneur has built his fortune through his own start-ups and early investments in global giants like Uber and SpaceX. One of Jay-Z's most unexpected ventures kicked off in 2013 when he announced the creation of a sports agency, Roc Nation Sports, reports the Express.
Initially dismissed by sporting titans, the agency gained traction after poaching a New York Yankee from a renowned baseball agent. The firm's growth skyrocketed after signing basketball heavyweights Kevin Durant and Jeremy Lin, and it now ranks as the seventh largest sports agency worldwide, valued at approximately $200 million (£161 million).
Jay-Z, born Shawn Corey Carter, bagged another hefty pay-out in 2021 when he sold his music streaming service Tidal for $297 million to a fintech company, just six years after buying it himself. Beyonce's husband's business ventures continue with a $200 million contract to promote Live Nation, an entertainment company and ticket-selling business.
Jay Z began his career rapping but is now worth more than $2 billion from his businesses (Image:
Getty Images)However, his biggest earnings come from his alcohol ventures, being a significant player in two businesses that have netted him a billion dollars alone. In the '90s, Jay-Z regularly featured champagne from the brand Cristal in his music videos and songs.
But after their CEO made racist remarks, he switched his loyalty to Armand de Brignac, leading to him buying 50 percent of the company in 2006 and acquiring the rest eight years later.
In 2021, Bernard Arnault, the wealthiest man in Europe and owner of LVMH, bought a 50% stake in Jay-Z's business for a reported $630 million, leaving the rapper with a cool $300 million profit. However, his biggest payday came from drinks giant Bacardi, with whom he partnered to purchase D'usseÌ, a high-end cognac brand.
In 2023, the Brooklyn-born mogul solidified his wealth empire when the rum company bought out his stake for a staggering $750 million.
TikTok was temporarily taken offline for users across America over the weekend shortly before the federal divest-or-ban law took effect.
Read more >> : Cick here
 |
 |
 |
 |
 |
 |
 |
Jay-Z’s alleged victim’s lawyer revealed the letter he fired off to the mogul before the legal drama erupted publicly, In Touch can exclusively report.
Read more >> : Cick here
|
|
|
|
 |
|
|
Four months after Jenna Dewan and Channing Tatum settled their six-year divorce proceedings, the actress—who shares daughter Everly with her Step Up costar—revealed what she’s learned about herself.
Read more >> : Cick here
|
|
|
|
 |
|
|
Donald Trump has just pardoned Ross Ulbricht, the founder of the infamous Silk Road website.
Read more >> : Cick here
|
|
|
|
 |
|
|
See here.
Read more >> : Cick here
|
|
|
|
 |
|
|
NEW YORK (AP) — Netflix, Oracle and other technology stocks are lifting U.S. indexes as their profits pile higher and excitement builds around artificial intelligence. The S&P 500 was up 0.5% early Wednesday.
Read more >> : Cick here
|
|
|
|
 — Netflix, Oracle and other technology stocks are lifting U.S. indexes as their profits pile higher and excitement builds around artificial intelligence. The S&P 500 was up 0.5% early Wednesday. %23oracle) |
|
|
:max_bytes(150000):strip_icc()/080524-williamkate-e0428e905c0541d3845c6e5a010e3dae.jpg)
Prince William and Kate Middleton's relationship has evolved with them being "more open" with each other after
Read more >> : Cick here
|
|
|
|
:max_bytes(150000):strip_icc()/080524-williamkate-e0428e905c0541d3845c6e5a010e3dae.jpg&description=Prince William and Kate Middleton's Relationship Is ) |
|
|
After delaying an official announcement due to the fires, Nine Inch Nails have finally revealed the dates for their 2025 world tour.
Read more >> : Cick here
|
|
|
|
 |
|
|
Today, police revealed Ian Airlie, 48, was found dead at his home in Greenwich, south-east London, on October 10, nearly a month after the incident.
Read more >> : Cick here
|
|
|
|
 |
|
|
The president has reacted after bishop Mariann Edgar Budde pleaded with him to "have mercy upon the people in our country who are scared now" during an interfaith prayer service.
Read more >> : Cick here
|
|
|
|
 |
|
|
Twitter (X), Inc. was an American social media company based in San Francisco, California, which operated and was named for its flagship social media network prior to its rebrand as X. In addition to Twitter, the company previously operated the Vine short video app and Periscope livestreaming service
Twitter (X) is one of the most popular social media platforms, with over 619 million monthly active users worldwide. One of the most exciting features of Twitter (X) is the ability to see what topics are trending in real-time. Twitter trends are a fascinating way to stay up to date on what people are talking about on the platform, and they can also be a valuable tool for businesses and individuals to stay relevant and informed. In this article, we will discuss Twitter (X) trends, how they work, and how you can use them to your advantage.
What are Twitter (X) Worldwide Trends?
Twitter (X) Worldwide trends are a list of topics that are currently being talked about on the platform and also world. The topics on this list change in real-time and are based on the volume of tweets using a particular hashtag or keyword. Twitter (X) Worldwide trends can be localized to a Worldwide country or region or can be global, depending on the topic's popularity.
How Do Twitter (X) Worldwide Trends Work?
Twitter (X) Worldwide trends are generated by an algorithm that analyzes the volume of tweets using a particular hashtag or keyword. When the algorithm detects a sudden increase in tweets using a specific hashtag or keyword, it considers that topic to be trending.
Once a topic is identified as trending, it is added to the list of Twitter (X) Worldwide trends. The topics on this list are ranked based on their popularity, with the most popular topics appearing at the top of the list.
Twitter (X) Worldwide trends can be filtered by location or category, allowing users to see what topics are trending in their area or in a particular industry. Additionally, users can click on a trending topic to see all of the tweets using that hashtag or keyword.