News.am Style

Native Americans react to Armenian videos part 2: Iveta Mukuchyan

Kids are sharing their thoughts about journalism

Makeup tutorial: Let's try fresh summer look!

How to choose summer shirts and what to wear them with

The Irishman | Official Teaser

Americans’ reactions on Armenian music videos

Two Armenians meet in Moscow: Hrant Tokhatyan and Sarik Andreasyan

NEWS.am STYLE presents new Youtube channel

Smart n Special - ArtificialS

"I want to sit on a horse named "Internet"": Sarik Andreasyan has a show on YouTube

Young Armenian boy comes with 8-year-old translator on Russian talent show

Kim Kardashian speaks on criminal justice at White House

Armenia is a country of discovery! Mikhail Shirvindt tastes kebab from crayfish necks in Sevan

Shabeeg: "speaking" T-shirts

Timati and Nazima present clip shot in Armenia

Tarantino’s “Once upon in time in Hollywood” at Cannes Film Festival

Serj Tankian singing song from Game of Thrones season 8 soundtrack

Jay-Z becomes first billionaire hip-hop artist in history

13:06, June 4

American rapper Jay Z became the first hip-hop artist, whose fortune has exceeded one billion dollars, Forbes reported. 

After analyzing the artist's shares in various companies, real estate, art collections, and income from the music business, experts concluded that since the release of the first rapper album in 1996, his fortune has reached one billion dollars.

Картинки по запросу jay z getty

“To calculate his net worth, we looked at the artist’s stakes in companies like Armand de Brignac champagne, applying our customary discount to private firms. (He owns 100% of Armand de Brignac and has partial ownership of the other companies.) Then added up his income, subtracting a healthy amount to account for a superstar lifestyle. We checked our numbers with a roster of outside experts to ensure these estimates were fair and conservative. Turns out, Jay-Z really is a business, man,” the source noted. “Crucially, he realized that he should build his own brands rather than promote someone else’s: the clothing line Rocawear, started in 1999 (sold for $204 million to Iconix in 2007); D’Ussé, a cognac he co-owns with Bacardi; and Tidal, a music-streaming service.”

The rest of the impressive rapper’s wealth includes the artist’s income from the Roc Nation, his own music catalog, a collection of art objects worth $70 million, and real estate.

Jay-Z is the stage name of rapper Sean Corey Carter, one of the most influential and wealthy figures of modern hip-hop music.

Photo-GETTY


Follow NEWS.am STYLE on Facebook, Twitter and Instagram






  • Related News



@NEWSam_STYLE

  • Archive
Search
  • Poll
Most Famous man in Armenia
Nikol Pashinian
Serj Tankian
Mkrtich Arzumanian
Hayk Marutian