{"id":382,"date":"2022-08-28T12:00:00","date_gmt":"2022-08-28T12:00:00","guid":{"rendered":"http:\/\/fame.media\/en\/blog\/?p=382"},"modified":"2022-07-21T10:02:40","modified_gmt":"2022-07-21T10:02:40","slug":"im-not-a-businessman-im-a-business-man-rings-as-true-as-ever-jay-z-is-declared-the-first-hip-hop-billionaire","status":"publish","type":"post","link":"https:\/\/fame.media\/en\/blog\/celebrities\/im-not-a-businessman-im-a-business-man-rings-as-true-as-ever-jay-z-is-declared-the-first-hip-hop-billionaire\/","title":{"rendered":"\u201cI’m not a businessman, I’m a business, man\u201d rings as true as ever – Jay-Z is declared the first hip-hop billionaire"},"content":{"rendered":"\n

Even though the entertainment business seems like the place where billionaires are minute-made, it often is quite the opposite. Nevertheless, this Jay-Z, born Shawn Corey Carter, has managed to become the first hip-hop artist and one of the few entertainers ever to become a billionaire, according to a recent Forbes magazine report.
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Photo by Lester Cohen\/Getty Images<\/figcaption><\/figure>\n\n\n\n

Initial work<\/strong><\/p>\n\n\n\n

His music career is thought to begin in the late 1980s\u2019 when he first appeared on MTV\u2019s \u201cYo! MTV Raps\u201d, and after that, he was working with his mentor Jaz-O, despite these seemingly large boosts for a young performer, he was not able to secure himself a record deal. Seeing this as an issue to be fixed he founded the Rock-A-Fella production company with his friends Damon Dash and Kareem Burke.<\/h3>\n\n\n\n

First success<\/strong><\/h3>\n\n\n\n

After sealing a distribution deal in 1996 with record label Priority Records, he released his first album Reasonable Doubt, which gained a lot of critical acclaim from his peers, music experts, and simple fans, in the end landing the album a spot in Rolling Stone\u2019s 500 Greatest Albums of All Time list. Quickly after that, he became not only a world-renowned musician but also a fashion icon, trendsetter, and an overall example of how to become a success with hard work and talent.
Today his musical discography is worth more than $75 million and the number just keeps growing by the day as his music is being discovered by younger and younger audiences every day.
<\/p>\n\n\n\n

Not just a musician<\/strong><\/h3>\n\n\n\n

Among his creative work, Jay-Z has other business ventures that have helped him secure his billionaire statuses, such as his champagne company Armand de Brignac ($310 million) and cognac D\u2019Uss\u00e9 in collaboration with Bacardi ($100 million), stakes in companies like Uber, JetSmart, Away and others ($220 million), music streaming service Tidal ($100 million), entertainment company Roc-Nation ($75 million), real estate worth millions of dollars all over the US and an extensive art collection worth approximately $70 million.
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Even though the entertainment business seems like the place where billionaires are minute-made, it often is quite the opposite. Nevertheless, this Jay-Z, born Shawn Corey Carter, has managed to become the first hip-hop artist and one of the few entertainers ever to become a billionaire, according to a recent Forbes magazine report. Initial work His […]<\/p>\n","protected":false},"author":9,"featured_media":905,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,11,7,6],"tags":[],"yoast_head":"\n\u201cI'm not a businessman, I'm a business, man\u201d rings as true as ever - Jay-Z is declared the first hip-hop billionaire - Fame Media Blog<\/title>\n<meta name=\"description\" content=\"This article shows that Jay Z is not only a musician but also a successful businessman that achieved and still achieving a lot.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fame.media\/en\/blog\/scandalous\/im-not-a-businessman-im-a-business-man-rings-as-true-as-ever-jay-z-is-declared-the-first-hip-hop-billionaire\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u201cI'm not a businessman, I'm a business, man\u201d rings as true as ever - 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