Forbes – Jay Z is OFFICIALLY a billionaire and how he created his fortune

Highlights

Jay reportedly has a $70 million dollar art collection, $50 million dollar real estate holdinds, $220 million in cash and investments, a music catalog worth $75 million dollars and his companies like Tidal and Roc Nation – which total $175 million

Jay Z is the first hip hop artist to land billionaire status.

A combination of successful companies, a lucrative catalog of music, smart investments and real estate holdings all contribute to the mogul’s considerable wealth, according to a new Forbes story on Monday.

Jay, whose real name is Shawn Corey Carter, has amassed a fortune that ‘conservatively totals $1 billion.’

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Jay Z is officially hip-hop’s first billionaire. Earnings include $310m from Armand de Brignac Champagne, cash & investments $220m, Dusse Cognac $100m, Tidal $100m, Roc Nation $75m, music catalog $75m, art collection $70m, real estate $50m.

The financial outlet has been keeping an eye on the rapper’s wealth since it first featured him on the 2010 cover of the Forbes 400 – a ranking of the 400 richest Americans- alongside American business magnate Warren Buffet.

Since then, Jay has made a serious a smart business choices like stakes in swanky booze brands Armand de Brignac champagne and D’Ussé cognac which the outet claims are worth $310 million and $100 million respectively.

‘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,’ Forbes writes.

The new profile does a deep dive into the 49-year-old’s finances and totaled up things like his $70 million dollar art collection, $50 million dollar real estate holdings, $220 million in cash and investments, a music catalog worth $75 million dollars and his companies like Tidal and Roc Nation – which total $175 million.

‘It’s bigger than hip-hop … it’s the blueprint for our culture,’ producer Swizz Beatz told Forbes. ‘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.

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PHOTO: Beyonce blew Sh1million in a designer gown for her wedding vow renewal

Beyoncé gave the Bey Hive a thrill when she let fans get a glimpse at the white wedding gown she wore for her vow renewal ceremony with Jay Z in a new Instagram post.

Queen Bey shared the image as part of a video montage looking back on 2018 on social media Wednesday.


Beyoncé gives fans a glimpse at her stunning wedding gown from vow renewal ceremony

The video flashed images so quickly that it took days to spot the stunning shot from the couple’s recent vow renewal.

Over the summer, the power couple hinted that they renewed their vows in a similar montage-style video during a concert on the On The Run II tour that included a close-up shot of what appeared to the ceremony.

‘Wishing you a beautiful 2019,’ the 37-year-old captioned her recent video.

Some of the moments, like shots of her daughter Blue, were slowed down a bit for effect.

It was impossible to catch it all in one watch but one brief moment stood out among the pack and it was Bey in a wedding gown.

The shot showed the couple posing together outdoors.

Jay looked handsome in a white tuxedo and a pair of sunglasses as he stood embracing his wife.

 

While Bey was a vision of perfection in a form-fitting long sleeve white off-the-shoulder gown with an enormous sheer veil.

The beauty’s hair was slicked back in a similar style to the way she wore it in her first wedding and she donned a pair of small white retro looking sunglasses.

The Galia Lahav gown reportedly cost the Grammy winner $10,300, according to TMZ.

A source told the outlet that Bey’s ‘stylist went to Lahav’s flagship store in April 2018 to purchase the dress, and the designer was made aware the gown MIGHT be used for the couple’s 10-year anniversary vow renewal.’

In June, the designer confirmed that Beyoncé wore the label’s Thelma wedding gown for a ‘vow renewal,’ reported People.

Beyonce and Jay Z spotted hanging out backstage with DJ Khaled and son Asahd

Beyonce and Jay Z are currently in the North America-leg of their On the Run II Tour.

On Sunday, DJ Khaled shared an extremely adorable video of his son Asahd running into his arms; taken by Ben Hagarty.

The video captioned:

The Khaled’s and The Carter’s !!!!!!!!!!!!!

Similarly, DJ Khaled is the one opening for Beyonce and Jay-Z during the concert series.

The mega superstars, Beyonce, Jay Z and DJ Khaled were all backstage in the clip.

Meanwhile, Bey and Jay Z are set to hit Pennsylvania.

All in all, there last show is currently scheduled to take place on October 4 in Seattle, Washington.

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Beyonce shares photo of twins Rumi and Sir

Beyonce treated her fans and followers to an adorable photo of her with twins Rumi and Sir on her website on Wednesday.

This is usually a very rare occurrence for her.

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Likewise, Bey revealed that the shot was taken during their Europe leg of her On The Run II Tour with hubby Jay Z.

Similarly, Queen Bey shared more photos of her family during the time they were on a break in Europe as they took time out to relax and enjoy themselves.

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And some special time between mother-Beyonce- and her first born-Blue Ivy.

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All in all, Beyonce is currently on the North American leg of her tour.

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Beyonce and Jay Z spotted on luxury yatch with twins Rumi and Sir in Italy (Photos)

Beyonce and Jay-Z, our favourite power couple, were spotted aboard a super yacht estimated to cost Sh 140.8million a week to rent in Italy on Sunday.

The two clearly aren’t afraid of spending big when it comes to vacations.

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They were joined by their one-year-old twins Rumi and Sir Carter for the family holiday where the looked completely relaxed.

Beyonce was spotted carrying one of the rarely-seen twins whilst wearing a a billowing floral dress and a headscarf.

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Later on, Bey changed into a red dress and a brimmed straw sunhat.

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The Carter family looked happy and good spirits.

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Beyonce and Jay Z make the most of time off as they relax on luxury yatch (Photos)

Beyonce and hubby Jay Z made the most of their time off as they sunned themselves while relaxing on a luxury yacht on the Amalfi Coast,Italy on Saturday.

The superstar couple seemed to be in good spirits on the outing;

Amid claims they are expecting their fourth child together.

Here are some of the shots taken of the two;

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Beyonce looks sensational as she performed with hubby Jay Z in Paris in white ensemble (Photos)

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Jay Z and Beyonce enjoy vacation amidst claims of pregnancy after Paris performance

Beyonce recently set fan’s tongues wagging that she is expecting her fourth child with husband Jay-Z, due to her outfit during their On The Run II tour.

And Beyoncé and Jay Z took a break amid the speculation and relaxed on a luxurious yacht off the Amalfi Coast in Italy, with their eldest Blue Ivy, 6, on Friday.

The couple have been wowing crowds with their world tour, causing fans to praise the songstress for continuing to perform if she is pregnant.

Love: Meanwhile, Jay Z lay next to her in a canary yellow T-shirt and turquoise swimming trunks, keeping his hair of his face with a funky bandanna

They are currently enjoying a breather from their tour, before starting the American leg next week, which they will continue until October.

Beyoncé and her beau relaxed in style on the stunning boat, taking time to lounge on the sun deck and document their trip with some snaps.

However their daughter managed to keep them busy as she offered a beach ball, no doubt to play some games aboard the vessel.

Cute: Blue Ivy seemed at ease with the family's company as she chatted away 

The If I Were A Boy hitmaker shaded her face from the rays in a floppy straw hat, which she teamed with colourful cover-up and a pair of thigh-skimming denim shorts.

The couple seemed in good spirits on the outing, amid claims they are expecting their fourth child together – rumours that were only accelerated when Beyonce took to the stage in Paris on Sunday clad in a skintight bodysuit.

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She looked sensational as she wowed fans with another energetic performance, yet fans were convinced that she is expecting her fourth child with husband Jay-Z.

The most nominated woman in Grammy Award history gave birth to twins Rumi and Sir in June last year, and is also mother to daughter Blue Ivy, six.

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Giving it her all for her performance in Paris, the Love On Top hitmaker dazzled in a figure-hugging white bodysuit that she teamed with denim hot pants and a colourful sequinned jacket.

Sharing clips of her performance on Twitter, fans weren’t bothered by the performance, however, but discussing whether or not she is pregnant again

They posted:

‘so when beyoncé gonna tell us she pregnant. i’m waiting …’; ‘Naw Beyoncé is really pregnant again omg. That’s so beautiful but damn sis MORE?’

‘Why would Beyoncé get pregnant when she’s on tour and already planning the next tour I can’t with y’all let her enjoy the European delicacies’; ‘Beyonce is pregnant’; ”Beyoncé’s pregnant again??!?!?!?!;’ ‘Beyoncé is pregnant again LMFAOOOOOOO’; ‘Beyoncé pregnant again?’

While already parents to Blue, six, and their one-year-old twins, the Beyhive has been quick to note that Beyoncé and Jay Z have quite an affinity for the number four.

Beyonce was born on September 4 while Jay Z (real name Shawn Carter) has a birthday on December 4. The couple were married on April 4, 2008.

Beyonce with hey hubby Jay Z and daughter

Both performers have albums related to the number; Beyoncé released 4 in 2011 while Jay Z’s 4:44 was finished in 2017.

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Beyonce looks sensational as she performed with hubby Jay Z in Paris in white ensemble (Photos)

Beyonce looked sensational as she joined Jay-Z for the couple’s performance in Paris on Saturday, as part of their On The Run II tour.

She showed off her toned curves in an pearl studded bodysuit which featured elaborately adorned sleeves and a glittering suspender belt.

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Beyonce flaunts her curves yet again in fiery pics (Photos)

Jay also looked dapper as he held hands with Bey, in an all-white suit and golden medallion.

He completed his outfit with white leather shoes.

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The couple looked happier than ever as they packed on the PDA onstage before powering through their setlist.

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The popular pair started the concert series on June 6 in Wales and will finish 18 shows on the European leg on July 17 in Nice, France.

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Michelle Obama spotted at Beyonce and Jay Z concert in Paris on Sunday

Michelle Obama was spotted letting loose at Beyonce and Jay-Z’s concert in Paris.

Mrs Obama and her daughter Sasha,17, were among the famous faces in the crowd as they watched the power couple take to the stage for their On the Run II tour on Sunday night.

Michelle and Sasha were snapped in the stands at the Stade de France.

This was done by several excited fans before Beyonce and Jay-Z took to the stage.

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But when the concert kicked off, Sasha was no where to be seen and Michelle was spotted mingling with Beyonce’s mother Tina Knowles instead.

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Concertgoers were quick to snap photos of the two.

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Beyonce spotted with Jay Z and Blue Ivy in France amid pregnancy rumours (Photos)

Beyonce and Jay-Z are nearing the finish line of an 18-show European tour.

And Bey looked to be at ease leaving lunch at a trendy restaurant in Cannes, France on Tuesday afternoon.

She rocked a flowing red dress as she walked hand-in-hand with nubby,Jay-Z amid speculation she is pregnant with her fourth child.

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The gorgeous dress hugged her figure just above the waist, with layers of fabric hiding her stomach.

Jay looked comfy in his simple all-white ensemble, complete with a T-shirt and track pants.

And Blue Ivy in a halter top and denim shorts.

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The power coupls left lunch and boarded a small boat to be whisked away to a mega yacht for more relaxation.

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Fans went wild with speculation after a recent stint of their On The Run II tour where Beyonce appeared to show hints of a baby bump with a possible fourth child on the way.

The Carters: Beyonce and Jay Z enjoy their time in Rome (Photos)

They will finish the European leg of their tour on July 17 in Nice, France.

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Jay-Z and Beyonce will then take their talents stateside with 30 performances across North America, beginning on July 25.

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The Carters: Beyonce and Jay Z enjoy their time in Rome (Photos)

Beyonce and Jay Z, despite their busy ‘On the Run II’ tour schedule, not to mention recently surprising fans with a new joint album last month, always make sure they get some rest along the way.

The Carters got aboard a vessel on picturesque Lake Como on Saturday after performing in Milan on Friday night.

The two looked as cute as ever.

Bey wore a loose-fitting purple-and-orange mini dress while Jay sported a red jumpsuit and a black ball cap.

Jay sweetly clutched her arm as they walked down the ramp to go for a boat ride.

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Bey and Jay were spotted getting cozy on the boat ride, with the singer resting her head on the rapper’s shoulder as he wrapped his arm around her.

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Some more photos they took in Italy include;

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Queen Bey stuns in colourful bodycon dress during Germany stop of On The Run II Tour

At the end of her Poland,Warsaw concert,Bey was left stranded when an elaborate type of flying stage malfunctioned,Saturday night.

Tuesday she came back with a bang and was confidently back on stage with her hubby Jay Z in Cologne,Germany stop of their On The Run II Tour.

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Beyonce showed off her famous curves in a colourful bodycon mini dress accompanied by nude fishnets and black ankle boots.

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The Carters: Jay Z and Blue Ivy enjoy holiday with Beyonce as she shows off curves in summer dress

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Meanwhile, Jay Z kept it simple in a white suit, white tee and an enormous medallion on a long chain and he added a pair of white sneakers to complete his look.

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The Carters, Beyonce and rapper Jay-Z recently wrapped up the UK leg of their tour before heading to continental Europe.

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The Carters: Jay Z and Blue Ivy enjoy holiday with Beyonce as she shows off curves in summer dress

Beyonce posted some amazing family pics on her Instagram account on Monday where she was rocking a breezy summer dress, as she posed with husband Jay Z and their six year old daughter Blue Ivy.

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Bey sported her trademark ponytail with her hair cascading down her shoulders and showcased cleavage in the couture number she was wearing as it had a plunging neckline and reached just above her knees.

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The Carters,Jay Z and Beyonce recently completed the UK leg of their On The Run II concert tour before heading to continental Europe according to Mail Online.

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They are traveling with quite the entourage including their three children – Blue Ivy and one-year-old twins Rumi and Sir.

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Beyonce shows off jaw-dropping Sh1Million handbag

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Jay Z denies claims of baby out of wedlock in latest song with wife Beyonce

Beyonce and Jay-Z have proved their prowess as a couple after surprising fans on Saturday by releasing“Everything Is Love”  the joint collaboration under their surname, The Carters.

And not only did the couple address their marriage, but Jay-Z took on the rumors of having a ‘love child’ that has followed him for years.

According to Kiss 100 the song Heart About Us, the rapper shot down rumors that he has an illegitimate child.

Mother-Daughter Goals! Check how Beyonce and Blue were stunting in Los Angeles ( Photos)

Aspiring rapper Rymir Satterthwaite has alleged for years that he is the superstar’s son due to his mother’s purported fling with the then little-known Shawn Carter in 1992

‘Billie Jean in his prime / For the thousandth time / The kid ain’t mine,’ Jay-Z raps on Heard About Us, referencing Michael Jackson’s classic song about a paternity case.

The power couple also put a spotlight on their marriage challenges from the past.

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Jay Z and aspiring rapper Rymir Satterthwaite who claims to be the rapper’s son

Beyonce on her 2016 album Lemonade revealed infidelity by Jay-Z, who apologized a year later on his own album 4:44.

And on the joint album’s boisterous closer Lovehappy, the two say that they have patched up.’You did some things to me / You do some things to me,’ Beyonce sings with brass in her voice.

‘But love is deeper than your pain and I believe you can change.’

Jay-Z vents frustration several times on the album about legal action against him.

Most recently the Securities and Exchange Commission ordered the rapper to testify as part of an investigation into his sale of his Rocawear clothing line.

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Some of merchandise sold by Rocawear clothing line owned by rapper Jay Z

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On Nice, Jay-Z denounces the subpoena and suggests he is being targeted because he is a successful African American, wondering why he did not face such scrutiny in his earlier life as a Brooklyn drug dealer.

‘Time to remind me I’m black again, huh? / All this talking back. I’m too arrogant, huh?’

Later on the album he professes his innocence in disputes with authorities — so often known by their agencies’ acronyms — as he raps: ‘I pass the alphabet boys like an eye test.’

Meanwhile, their six-year-old daughter Blue Ivy makes an appearance on the third song called Boss and mentions her twin siblings, Rumi and Sir.

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Jay Z and his daughter Blue Ivy  Carter

Throughout the song, Beyoncé talks about being on top of her game and the legacy she plans on leaving to the next generation of the Knowles-Carter family.

‘My great, great, grandchildren are already rich,’ Beyoncé raps. ‘That’s a lot of brown children on your Forbes list.’

Check out Anne Kiguta’s adorable kids whom everybody is talking about

And in the last few seconds of the song, Blue Ivy takes over the microphone with  ‘Shout out to Rumi and Sir. Love, Blue.’

The sweet shout out wasn’t the first time Blue Ivy waxed poetic on her parent’s musical offerings.

When JAY-Z dropped his album 4:44 last summer, she was featured on a bonus track called Blue’s Freestyle/We Family.

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Should wives be blamed when their husbands are on a downward spiral like Kanye West?

Are the actions of a grown man the responsibility of his wife? Let’s talk about that.

For a while now, we have been treated to all manner of antics by Kanye West, and literally everyone is saying he is on a downward path, and that his wife should stop him.

Social media users are blaming Kim Kardashian, saying she should take away his phone, or better yet stop him from appearing and speaking in public.

Rapper Snoop Dogg has even said that the type of woman a man marries is important. He is comparing Beyonce’s situation to Kim Kardashians, adding that Beyonce has kept her man in check while Kim has failed to do so. Do you agree?

Here are some comments from social media users, and keep up with the Kardashians.

Kenyatta Jones…Snoops point. I believe he was saying that you can see the change in the men by the women who they are with. Beyonce has made a positive impact in Jay’s life and it shows and Kim has not made a positive impact in Kanyes life at all. As long as he has been with her he never looks or seems happy, and his behavior is erratic. I don’t see any positive change or influence she has bought to his life……even with the kids. Of course you can’t blame her for his behavior but he does seem worse off with her than he was when he wasn’t with her. Essence you got this point all wrong!

 

Kimberly Hardison… Oh please…..she is his FREAKIN WIFE!!!!! No way in HELLLLLL I’m gonna watch my man driving off a cliff and not try to stop him. It’s called a damn INTERVENTION!!! That chick is self absorbed and so is he…Essence ….. STOP IT. This is straight FOOLISHNESS

Fiona Mcdonald-Brown …They are to hold each other accountable, so it is her job to hold him accountable for his actions and stupid things that comes out of his mouth. If she can’t help him then no one can!

Peta Jones …she’s a narcissist and so is he and they just feed each other’s over inflated egos. Since he married her he’s been on a downward spiral…I guess it can just be a coincidence

Bernice Child… Damn right!! Besides, Kim can’t even be responsible for herself so why would anyone expect her to be responsible/accountable for his out of control arse

Sabrina Brady.. No but the power his wife’s influence has a lot to do with it. They are both self-absorbed people. She only notices when someone else speaks on it and it her husband!

Meme Lane ..Who’s to say that she didn’t try to help him? She has 3 damn babies to take care of. Kanye has to want it for himself. Sometimes all that you can do is pray without ceasing and let God handle the rest.

Jacqueline Whyte.. This man is crazy, and Kim is going through hell trying to hide it! She knows if she announced it publicly people will devour her, so she’s just standing back. I really feel sorry for her!

Latisha Manuel Howell …She doesn’t have to be his parent, just his Peace
She seems like the annoying clingy type, so I can imagine he doesn’t have any peace

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Beyonce shows off jaw-dropping Sh1Million handbag

Fashion queen Beyonce was over the weekend spotted court-side with her famous hubby Jay-Z.

the two were on a date night as the Golden State Warriors played against the New Orleans Pelicans in Game One of Round Two of the 2018 NBA Playoffs on April 28, 2018 at ORACLE Arena in Oakland, California.

She posted photos on her Instagram and everyone took note of her handbag, estimated to cost $11,000.

Here is the brand of the bag, and below is Bey’s white version.

 

 

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Top Handle 2.0 Mini Pink Alligator, a top handle satchel with the #STALVEY signature architectural envelope front.

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Beyonce posed wearing an Alexander Wang Spring 2018 deconstructed tank dress, and her shoes were YSL, while her tiny handbag was by designer Stalvery.

Check out Queen Bey’s weekend style.

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Husband duties? This adorable photo of Jay Z taking snaps of Beyoncé on a yacht with make your heart melt!

You would expect Beyoncé to have a major crew take pics of her over the holidays, but it is her rapper mogul hubby Jay Z who was spotted taking cute pics of her over the Christmas period.

The two were spending time on a private yacht on a seemingly casual day. Beyonce was rocking a simple dress with designer glasses and her love was in a baggy t-shirt and shorts.

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However, this is not the first time the two have spent time on a yacht together. Back in September, the two had a date night and we all lovey dovey. That time, the “Lemonade” singer was rocking tiny shorts and a striped blouse which showed plenty cleavage.

The power couple got married on April 8th, 2008. They have since built a massive empire in music, fashion, sports and other ventures. As of May 2017, the couple were worth a combined $1.16 billion – and counting – according to Forbes. Hov and Queen B have a sweet family, daughter Blue Ivy Carter and twins Sir Carter and Rumi Carter.

Here’s the Instagram moment:

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Jay Z is no con, ‘I respect you guys too much to take the money and run!’

Jay Z nixed an upcoming concert due to technical difficulties.

On Friday, the 47-year-old rapper announced he was cancelling an upcoming stop on his 4:44 tour that he had slated for next week.

He released a statement via Omaha World-Herald that explained why he won’t be plying his trade at Lincoln, Nebraska’s Pinnacle Bank Arena on December 6.

The message read, ‘A note from Jay-Z: Due to the scale of this production, we cannot get the screens up on time into the building in Nebraska. The tour is too important to me to do it halfway. Same with Fresno,’ he said, referencing a show he nixed earlier this month.

The 99 Problems hit-maker made clear that he was exercising a measure of quality control in putting the kibosh on the show in the Cornhusker State.

He wrapped up in saying, ‘I respect you guys too much to take the money and run,’ signing the statement with his alternative name, ‘Hov.’

The Grammy-winner in October called off a show that was slated for November 1 at the Save Mart Center in Fresno, California, with the Fresno Bee reporting that sales had been sluggish for the event, even with some available as cheap as $6 via Stubhub.com.

Last month, TMZ reported that Jay-Z was taking a gander at relieving disgraced film director Harvey Weinstein of his 23 percent interest in The Weinstein Company, with backing from a film producer and billionaire.

However, insiders subsequently told FOX Business that there was no chance of that happening.

The Hard Knock Life artist and Weinstein – accused by at least 80 women of sexual harassment or abuse over the past three decades – had past worked together on last year’s The Kalief Browder Story.

They had also been working on on Suspicion Nation, an adaptation about the case surrounding slain teen Trayvon Martin, based on the book by Lisa Bloom.

(Bloom, who initially represented the disgraced mogul until dozens of women emerged with similar allegations of misconduct, has since said she’s ‘mortified [to have been] connected to him in any way’ in an appearance on The View earlier this month.)

Upon the New York Times’ blockbuster report, Weinstein issued a statement in which he misquoted a Jay-Z lyric in a failed gambit to get a ‘second chance in the community.’

He wrote: ‘JAY-Z wrote in 4:44, “I’m not the man I thought I was and I better be that man for my children.” The same is true for me.’

The actual lyric was, ‘And if my children knew/ I don’t even know what I would do/ If they ain’t look at me the same/ I would probably die with all the shame.’

Weinstein’s rep has repeatedly said that ‘any allegations of nonconsensual sex are unequivocally denied by’ the producer.