Things are looking bright for Jay-Z on the Business and Monetary Front, as the legendary rapper’s Net Worth has seen a spike of 40 percent and now stands at $1.4 Billion. The spike is largely credited to his latest deals with Jack Dorsey’s Square and LVMH.
As reported by Forbes, Jazzy is now standing at a net worth of $1.4 Billion after selling a majority stake in TIDAl to Jack Dorsey’s Square for $297 Million. Not only this, 50 Percent of his stake at Armand De Brignac Champagne is sold to LVMH at a whopping cost of $640 Million.
Forbes also tried to list down all the investments and stakes of Jay-Z to sum up his $1.4 Billion worth. According to Forbes, Hov holds $425 million 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. In comparison, his Roc Nation imprint is priced at $140 million, cognac brand D’Usse at $120 million, extensive music catalog at $95 million, the art collection at $70 million, and real estate property at $50 million.
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