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Hip Hop’s First Billionaire Jay-Z Saw His Net Worth Increase By 40%

According to Forbes, Hov is now worth $1.4 billion USD after he sold a majority stake in TIDAL to Dorsey’s Square, Inc. for $297 million USD, he later sold a 50 percent stake of his Armand de Brignac champagne brand — which the publication now values at approximately $640 million USD — to LVMH.

Based on a report made by Forbes, his 1.4 Billion USD fortune is made up of: $425 million USD in cash and investments including stakes in Uber, Sweetgreen, Ethos and SpaceX. JAY-Z’s Armand de Brignac deal gave him at least $320 million USD while his Roc Nation imprint is priced at $140 million USD, cognac brand D’Usse at $120 million USD, extensive music catalog at $95 million USD, art collection at $70 million USD and real estate property at $50 million USD.

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