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Jay-Z net worth Increases as the Richest Rapper in the World

Jay z

Jay Z’s net worth has increased to $2.5 billion (Ksh 329 billion), according to an update by Forbes which was released on Friday, March 24.

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According to the circulated news, Jay Z’s net worth has almost doubled since last year when it was reported he was worth $1.4 billion (Ksh 184 billion).

Jay-Z Net Worth Increases as the Richest Rapper in the World
PHOTO/COURTESY: Jay-Z poses for a photo.

On Friday, the Magazine reported that the Roc Nation founder is now the 1,203rd Wealthiest person on the planet Earth.

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Jay-Z’s current net worth comes after he sold the 50 percent stake of his D’Usse Cognac back to its parent company Bacardi for a reported $750 million (Ksh 98.6 billion) in February after an extreme court confrontation.

Jay-Z Net Worth Increases as the Richest Rapper in the World
PHOTO/COURTESY:Jay-Z.

He still retains ownership of the brand. The report indicates that the Grammy Award-winning artist’s fortune is from his various investments, not just music as distinguished by many.

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“The Brooklyn-born rapper was crowned Hip-hop’s first billionaire by Forbes in 2019, thanks to a sprawling and diversified empire,” the news report adds, noting his assets range from his Roc Nation entertainment and sports empire to “a fine-art collection including works by Jean-Michel Basquiat.”

Jay-Z Net Worth Increases as the Richest Rapper in the World
PHOTO/COURTESY: Jay-Z Net Worth Increases as the Richest Rapper in the World.
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