Jay-Z once told fans that he’s not a businessman, he’s a business, man. According to Forbes‘ latest cover story, Hov has crossed the notorious finish line, thanks to his many business endeavors. The article details how the rapper, born Shawn Carter’s net worth “conservatively totals $1 billion, making him one of only a handful of entertainers to become a billionaire – and the first hip-hop artist to do so.”

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For those interested in the breakdown of the Brooklyn native’s assets he has $220 million in cash and investments which, when added to his partnerships with liquor brands like Armand de Brignac and D’Usse (where he nets a staggering $410 million combined), his ownership of Tidal ($100 million), his company Roc Nation ($75 million) and more, one can see why his climb to a billion at 50 years old is an impressive feat.

Previously, Dr. Dre was thought to be the first rapper to join the billionaire club after he sold Beats By Dre to Apple for $3 billion, yet Forbes debunked those claims, reporting that his net worth stands at $850 million.

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