New billionaire Jay-Z has accumulated a varied fortune stretching from champagne and cognac to tech startups and real estate.
two unlikely lunch partners sat down at the Hollywood Diner in Omaha, Nebraska. One, Warren Buffett, was a regular there. The other, Jay-Z, was not. The billionaire and the rapper ordered strawberry malts and chatted amiably, continuing the conversation back at Buffett’s Berkshire Hathaway offices.
Buffett, then 80, walked away impressed with the artist 40 years his junior: “Jay is teaching in a lot bigger classroom than I’ll ever teach in. For a young person growing up, he’s the guy to learn from.” This moment, which was originally captured in our, made it clear that Jay-Z already had a blueprint for his own ten-figure fortune. “Hip-hop from the beginning has always been aspirational,” he said.
Less than a decade later, it’s clear that Jay-Z has accumulated a fortune that 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. Jay-Z's steadily growing kingdom is expansive, encompassing liquor, art, real estate and stakes in companies like Uber.
His journey is all the more impressive given its start: Brooklyn’s notorious Marcy housing projects. He was a drug dealer before becoming a musician, starting his own label, Roc-A-Fella Records, to release his 1996 debut,Crucially, he realized that he should build his own brands rather than promote someone else’s: the clothing line Rocawear, started in 1999 ; D’Ussé, a cognac he co-owns with Bacardi; and Tidal, a music-streaming service.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gov. Jay Inslee Still Hopes Democratic Candidates Will Have A Debate On Climate Change“We know this is our last chance to literally save this little blue planet from this catastrophe,” the 2020 candidate told BuzzFeed News’s AM to DM.
Read more »
Inside Tamara Ecclestone's amazing £70million London mansionTamara Ecclestone house: see where the mum-of-one lives with her husband Jay Rutland and their daughter Sophia
Read more »
'Awards Chatter' Podcast — David Letterman ('My Next Guest Needs No Introduction')The standup and late night comedy legend, who rarely grants interviews, opens up about why he pursued a public life despite immense shyness, why he adored Johnny Carson and has mixed feelings about Jay Leno, why he retired from 'Late Show' only to return two years later with a longform interview series on Netflix, what he thinks of today's late night hosts and how he feels now about his former frequent guest Donald Trump.
Read more »
Huawei asks Verizon to pay over $1 billion for over 230 patents: sourceHuawei Technologies Co Ltd has told Verizon Communications Inc that the U.S. car...
Read more »
KKR to sell Korea-based KCFT to SK Group affiliate for $1 billionU.S. private equity investor KKR & Co Inc said on Wednesday it is selling Korea-...
Read more »
Weed revenue in Colorado tops $1 billionSince Colorado legalized weed in 2014, total sales have exceeded $6.56 billion, according to the state's department of revenue.
Read more »