Jay-Z Hit The First Hip Hop's Billionaire - The Forbes Magazine Estimated.


Forbes Magazine estimated the overall financial condition of the American rapper Jay-Z at $1 billion. Sean Corey Carter (the real name of the musician) became one of the few billionaire artists and the first hip hop billionaire

World's first hip hop billionaire

To calculate the financial condition of musician, Forbes estimated the value of his shares in companies and his revenues. The costs of observing "superstar lifestyle" were deducted from the amount he received. Together with external experts Forbes made sure that the estimates are fair and conservative.

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