Jay-Z and Beyonce are worth $1.4 billion dollars.
Jay-Z is estimated to a have a net worth of over $1.3 Billion. However, after he released his new album, the value of his net worth has fallen. Kanye West is now the richest, followed by Beyonce and Jay Z.
Jay Z started off in Brooklyn, New York, where he learned about the hip hop culture growing up. After being inspired by New York hip hop, he moved to Chicago to attend the same colleges where some of the biggest names in the genre had come from.
The other thing that set Jay-Z apart from the other successful athletes and musicians of the time was that he was willing to invest in new industries. He diversified, and began investing in nightclubs, restaurants, his own clothing line and record label.
His father was a petty thief who sometimes served jail time. Shawn had a happy childhood growing up with his mother Gloria and siblings. He had many friends in the neighborhood where he grew up.
Shawn was born in Brooklyn, New York and attended the nearby Whitney Young High School until it was closed down. He then attended the nearby Westinghouse Career and Technical Education High School with future rappers The Notorious B.I.G. and Busta Rhymes, followed by a stint at Trenton Central High School in Trenton, New Jersey. He never graduated from High School.
Gloria decided to buy a cassette tape for Jay Z’s birthday. This gave him a kickstart, and he started free-styling and writing lyrics. He named himself Jay-Z in remembrance of his mentor Jay-O.
Originally, Jay-Z would record music off-the-clock. He would record music on his lunch break, while he was waiting for his sister to finish up. When he didn’t have the chance to make money off of music, he would start a fashion line, and take his record sales as revenue.
After seeing the success of Jay-Z’s first album ‘Reasonable Doubt’, Jay-Z was signed by Roc-A-Fella Records along with Damon Dash and Kareem Biggs. This album, released in 1996, was widely acclaimed by critics and fans alike.
He is the first hip hop artist to have his first four albums be number one in the Billboard 200. His albums have also been nominated for Grammys in both 1998 and 2000.
How much is Beyonce & Jay-Z’s combined net worth?
The couple make an estimated $300 million per year, making them the wealthiest power couple in the world, even more than Beyonce and Jay-Z’s former couple, The Rock and Pamela Anderson.
How Does Jay Z Spend His Money?
Jay Z lives in New York City. He also owns a summer house in the Hamptons. And it costs him $400,000 per month to live there.
Jay Z stayed in a $2.4 million converted Presbyterian Church that has a master bedroom that is on par with a hotel room.
He has an awesome collection of jewelry such as a solid gold chain necklace which is worth $234k and a Hublot Big Band watch worth $73k.
A private island just for him and his family and another $61.4 million yacht.
Jay-Z was considered a rising rapper in the late 1990’s. He had several underground success and was considered one of the best
hip-hop lyricists at the time.
Favorite Jay-Z Quotes
“Love is so broken up and I’m so sorry to say this.” – Shawn Carter about his relationship with Beyoncé.
The quote that the President of the United States chose to describe the importance of hard work is very applicable to the entrepreneur who is trying to succeed. We may have a very large fear of failure, but if we don’t try, we will never find out.
Check out our larger collection of the most famous Jay-Z quotes!
3 Keys to Success from Jay-Z
* Don’t be a fool.
* Make sure you can earn money from a career.
* Make sure you have a good manager.
* Have a good strategy.
* Be prepared.
* Create a good image and don’t forget it.
1. Inspiration Can Strike at Any Time
The rapper has always strived to be in control of his career and he does that by keeping a close hold on the reins. He’s also smart enough to not take shots at other rappers or get in the middle of a beef between them.
If you ever have too much time on your hands, you can start thinking about the next idea, which will probably be the best idea of them all.
2. Always Be Hustling
Jay-Z has many billions of dollars; this is where the bulk of it has come from. He decided to get involved in business. In the last few years he has invested in 3 restaurants and nightclubs, but he has also invested in a lot of other companies within the United States.
3. Don’t Wait Until You Have Everything You Need
Jay-Z didn’t always have the equipment or money, he would want, when he first started out, though. However he made do with what he had, and started where he could.
It’s always important to get things started, but when you do, it doesn’t need to be anything big. Something as simple as getting your first freelance client can be a great way to get started.
If you feel like you’re ready for success in any of these, check out our success lessons for Jay-Z.
Jay-Z is one of the richest people in the world and he is very active in trying to make a difference in life for the people around him. He is an American entrepreneur, businessman, and investor.
I was really excited to see him win the prize, and I hope his career continues to grow.