What is Jay-Z's Net Worth?
Born: December 4th, 1969
Company: Rocawear, Roc Nation Sports
Jay-Z currently has a net worth of an estimated:
In the early '90s, Jay-Z (real name Shawn Carter) was dealing drugs.
Nearly 20 years later, Jay-Z was worth nearly half a billion dollars and rubbing shoulders with the President of the United States.
Jay-Z has always had an entrepreneurial streak running through this body, whether it was Roc-A-Fella Records, Rocawear or his latest venture, Roc Nation Sports.
Jay-Z, born December 4th, 1969, started his first venture, Roc-A-Fella Records, along with friends Damon "Dame" Dash and Kareem Biggs. After making guest appearances on songs starting in the late '80s, Jay-Z decided that he wanted to release his first studio album in the mid '90s. Unable to find a record label that wanted to put out his album, Jay-Z and his two friends decided to start Roc-A-Fella Records.
Jay-Z first album, Reasonable Doubt, was released in 1996 and is widely considered to be a classic in the hip hop community. While Reasonable Doubt put Jay-Z on the map, "In My Lifetime, Vol. 1" would become his first platinum album. Over the course of his next couple of albums, Jay-Z would firmly establish himself as one of the most bankable music stars in the world.
Let's take a look at his full discography, along with US album sales, courtesy of Wikipedia:
Reasonable Doubt, 1,514,000
In My Lifetime, Vol. 1, 1,412,000
Vol. 2... Hard Knock Life, 5,299,000
Vol. 3... Life and Times of S. Carter, 3,093,000
The Dynasty: Roc La Familia, 2,521,000
The Blueprint, 2,730,000
The Blueprint 2: The Gift & The Curse, 2,122,000
The Black Album, 3,516,000
Kingdom Come, 2,510,000
American Gangster, 1,131,000
The Blueprint 3, 1,960,000
Magna Carta Holy Grail, 1,104,000
Jay-Z: Unplugged, -
The Best of Both Worlds, 933,000
Unfinished Business, 524,000
Collision Course, 1,934,000
Watch the Throne, 1,573,000
In addition to his album sales, Jay-Z firmly established himself as a big draw on the concert circuit, with his tour stops routinely bringing in between $1.25 - $1.75 million per night in ticket sales. Jay-Z has made a name for himself as a tremendous live act, and his tours routinely sell out, whether it be solo tours or tours with the likes of Kanye West or Justin Timberlake.
Jay-Z's biggest business score came from the sale of the Rocawear brand to the Iconix Brand Group in March of 2007.
About a year earlier, Jay-Z had fallen out with his partner in the venture, Damon Dash. Jay-Z reportedly bought Damon Dash out of the company for $30 million.
In March of 2007, Jay-Z sold the rights to the Rocawear brand for $204 million in cash. As part of the deal, Jay-Z retained his stake in the Rocawear operating company and remained in charge of product development, marketing and licensing.
Jay-Z purchased a small stake in the New Jersey Nets for a reported $1 million. Jay-Z was instrumental in pushing for the team's move to Brooklyn. Along the way, Jay-Z also ended up with a 0.2% stake in the Barclays Center. When Jay-Z started Roc Nation Sports, he was forced to dump his stake in the Nets and the Barclays Center.
As mentioned, Jay-Z started up Roc Nation Sports, which is a sports agency that represents the likes of Robinson Cano, Kevin Durant, Geno Smith and Victor Cruz.
Jay-Z is also the co-owner of the 40/40 Clubs, which has locations in New York, Chicago and Atlantic City.
Jay-Z is married to Beyonce Knowles, who is already reportedly worth $500 million thanks to her lucrative endorsement deals, concert touring revenues and album sales. Between the two of them, Jay-Z and Beyonce reportedly bring in a combined $80-$90 million per year in total income.
Also Known As:
Jay-Z is worth 6,210 times more than the median US household
If Jay-Z sold everything that they owned, they could fund the United States' deficit spending for 0.2 days.
Note: Net Worth changes calculated at 4 pm EST daily
The net worth pages are strictly for entertainment purposes only. The information on these pages is based on speculation and shouldn't be construed as being accurate in any way.