Icon Jay-Z was named Hip Hop's first billionaire by Forbes magazine this Summer. NYC born entrepreneur, rapper, songwriter, philanthropist, has been a culture lead for over two decades.
Jay-Z started attaining his fortune with the release of his debut album Reasonable Doubt in 1996 under Roc A Fella Records that he created with partners Damon Dash and Kareem Biggs. Since the launch of that debut record, Jay-Z has amassed more than half a BILLION dollars in merely ten years.
Looking to push his brand further and personal style Jay-Z created urban clothing brand Rocawear which donned many clothing lines under its umbrella including accessories for men, women, and children.
As Jay-Z sets the 'Blueprint' for entrepreneurs, he thrives on educating that there are no limits to success thru handwork and hustle.
Take a closer look at a few of the Billionaires tremendous achievements as we 'Watch the Throne.'
Armand de Brignac Brut Gold Ace of Spades
The Rap mogul acquired a financial state in Armand de Brignac after a comment made by Frederic Rouzaud, that manage the production of Cristal champagne. Rouzaud was approached by an Economist reporter in 2006 and asked about his views on the brand becoming so popular with hip hop artists he replied, "What can we do?" "We can't forbid people from buying it." The mogul now owns 100% of the brand according to a lyric in "What's Free" (2018).
Jay-Z partnered with Barcardi's 'D'Ussé in 2012 as a direct competitor to rival cognac brand Hennessy. This beautifully blended partnership started in 2011 with Jay-Z's first visit to the Chateau to try samples Cognacs from small batches by Michel Casavecchia, the Cellar Master.
Currently, Jay is leading the brands' global strategy as they strive to set the new standard for cognac around the globe.
In 2015 Jay-Z acquired Norwegian based Aspiro for $56 million. The Norwegian tech company founded in 1998 was a music subscription company combined into two brands, Tidal and WiMP. Sprint Corp spent an upward of $200 million for a 33% stake in the music subscription platform.