Jay-Z Net Worth Almost Doubles From Last Year’s Total as It Rises to $2.5B
When Shawn Carter recited the lyrics, I’m a “business, man….” he had foresight into the future as Jay-Z as a business, is now worth $2.5 billion. Yes, according to Forbes, Jiggaman is now worth $2.5 billion.
Amazingly, with that amount, he comes in at number 1209 when it comes to the world’s wealthiest people.
The magazine has listed the 53-year-old as the number three highest-paid entertainer of 2022. After years of other hip-hop players vying to become the first person to be involved in hip-hop to grab that title, Jay-Z hit that plateau back in 2019. He has kept that solid grip even as Ye and most recently, Sean “Diddy” Combs were breathing down his neck. Although a list hasn’t been produced for the previous year’s hip-hop list, we can assume that at $2.5 billion, he gets to keep that top spot for another year.
Forbes listed Jay-Z as having a net worth of $1.4 billion in the past two years.
Zack O’Malley Greenburg, the former Forbes writer who brought us the previous years’ wealthiest hip-hop lists for the magazine reported on his blog last year that Diddy had cracked the billionaire status as Ye fell off it. Previously, Ye and Jay were the only hip-hop artists to have earned that billionaire status. Diddy came crashing through at $1 billion last year after Ye started to crash and burn when he started losing endorsements based on his antics.
No telling how high Hov will continue to rise as he keeps making business deals that add to his portfolio.
Last month, it was reported that after having a lofty disagreement with Bacardi, he emerged with a different arrangement to continue producing the popular cognac, D’Usse with the company. The two parties announced that both sides reached a long-term agreement to continue doing business together in producing D’Usse. Instead of purchasing the 50% stake that Jay-Z owns, Bacardi has acquired a majority interest in D’Usse.
Jay-Z’s Net Worth Almost Doubles From Last Year’s Total as It Rises to $2.5B