Jay-Z has been crowned the first hip-hop artist to become a billionaire, according to Forbes. With that being said the race to become the first billionaire in the music industry has finally come to an end.
It’s no surprise, in the last decade the rapper has already established himself as one of the most decorated rappers in the world.
Jay-Z longtime collaborator and hitmaker Swizz Beatz said Jay-Z is just getting started. “It’s bigger than hip-hop,” he told Forbes. “It’s the blueprint for our culture. A guy that looks like us, sounds like us, loves us, made it to something that we always felt that was above us. If he’s a billionaire now, imagine what he’s about to be. Because he’s only just starting.“.
The article also breaks down the makeup of his fortune, which includes a $70m art collection, $50m in real estate, a music catalog worth $75m (he owns his own masters), and many more.