Jay-Z Sees His Net Worth Jump To Record Heights: Report

BYAlexander Cole94.2K Views
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65th GRAMMY Awards - Show
LOS ANGELES, CALIFORNIA - FEBRUARY 05: (L-R) Rich Paul, Steve Stoute, Jay-Z and Juan “OG” Perez attend the 65th GRAMMY Awards at Crypto.com Arena on February 05, 2023 in Los Angeles, California. (Photo by Kevin Mazur/Getty Images for The Recording Academy)

Jay-Z continues to build his empire.

Jay-Z is someone who has been known for his tremendous business acumen over the years. Overall, the artist has made hundreds of millions of dollars off of his business endeavors. For instance, he recently sold his cognac brand D'USSE for a pretty penny. Moreover, he has sold other ventures such as Tidal. When you consider all of these moves, you would assume that Jay has a pretty impressive net worth. Those assumptions would absolutely be correct.

Forbes recently did a report in which they calculated where Jay-Z's net worth stands. Although his net worth was $1.4 billion last year, it is now being reported that he boasts a fortune of $2.5 billion. Jay-Z has sold so many successful businesses as of late that it only makes sense his net worth would be this massive. In fact, this figure makes him the richest rapper alive by a pretty significant margin. While Kanye used to be close, his Adidas failings have crushed his net worth down to about $400 million.

Jay-Z Continues To Expand His Wealth

(2nd L-R) Jay-Z, Kendrick Lamar, and guests attend the 65th GRAMMY Awards at Crypto.com Arena on February 05, 2023 in Los Angeles, California. (Photo by Kevin Mazur/Getty Images for The Recording Academy)

Jay-Z certainly isn't finished when it comes to building his empire. In fact, over the past few months, it has been theorized that he would go into business with Jeff Bezos. This partnership would be a strategic one in order to purchase the NFL's Washington Commanders. The two were seen at dinner together a few months ago, which led to further speculation that they wanted to be business partners. However, they have yet to make any sort of official offer for the team.

If the Commanders deal falls through, there are all sorts of ways Jay-Z can continue building his net worth. Although, it does feel like the legendary artist has his sights set on the sports world. He could always call Michael Jordan, who is prepared to sell his stake in the Charlotte Hornets. Let us know what you think of this latest update, in the comments below. Additionally, stay tuned to HNHH for more news and updates from the music world.

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About The Author
Alexander Cole is the current Managing Editor of HotNewHipHop. He started at HotNewHipHop back in 2018 where he began as a Sports and Sneakers writer. During this time, he has shown an expertise in Air Jordans, Yeezys, and all things that have to do with Nike. His favorite kicks are the Air Jordan 1 High OG, the Air Jordan 4, the Air Jordan 6, and the Adidas Yeezy Boost 350 V2 in the "Beluga 2.0" colorway. Although his collection might not be the biggest, he is always looking to add new styles to it. When it comes to sports, Alex has a particular interest in the NBA and the NFL. His favorite teams are anywhere LeBron goes, and the Kansas City Chiefs. As a Montrealer, the Montreal Canadiens hold a special place in his heart, even if they haven't won the Stanley Cup in his lifetime. Alex also works for the Concordia Stingers, where he provides play-by-play and color commentary for the football, hockey, and basketball teams His favorite hip-hop artists are Kendrick Lamar, Playboi Carti, Travis Scott, and Lil Uzi Vert.