We are glad to have you back today as we discuss about Jay-Z Net Worth 2020 including other information that will interest you about him. Jay-Z is an American singer-songwriter, rapper, and entrepreneur. He is one of the best and most successful rappers in the world who rose from grass to grace. We have compiled this article because of the interest of many fans out there interested to know about the net worth of this iconic rap star.
Jay-Z Net Worth 2020 – Updated Records
Jay-Z is a popular and successful rapper who is also married to Beyonce, one of the best vocalists and singer in the world. In this article, we will be bringing to you Jay-Z net worth 2020. Before we go deeper in our discourse, quickly glance through his biography below.
Full name: Shawn Corey Carter
Date of Birth: December 4, 1969
Age: 51 years
Place of Birth: Brooklyn, New York, U.S.A
Country of Origin: United State of America
Marital Status: Married since 2008
Children: Yes (3)
Occupation: Songwriter-Singer, Rapper, Entrepreneur
Occupation Period: 1988 till date
Net worth: $1 billion
Jay-Z was born with the full name Shawn Corey Carter on December 4, 1969, in Brooklyn, New York to Adnis Reeves (father) and Gloria Carter (mother). At age 11, Carter’s father left, leaving his care and that of his siblings to his mother alone then when they reside in Marcy Projects, a public housing complex in New York City. Carter had a very rough and challenging including dealing with drugs and engaging in drug violence. He attended several high schools, including Eli Whitney High School in Brooklyn until it was closed. He later went to George Westinghouse Career and Technical Education High School located in downtown Brooklyn.
Carter showed interest for music when he was at a young age as disclosed by his mother. For his birthday gift, she bought him a boombox which further heightened his interest in music, and he began freestyling and writing lyrics.
Carter was involved in rough life having disclosed how he sold crack cocaine and was shot at three times during this period from his various interviews and music lyrics. That is why at the long run in order to escape from drugs, violence and poverty; Carter turned to rap at a young age and soon grew to become one of the greatest rappers in the industry.
Carter’s nickname, Jay-Z was carved out from his nickname “Jazzy” which he was fondly called in the neighbourhood. He later changed the name to “Jay-Z” as a sign of respect to his mentor Jaz-O, an older performer who served who was his mentor.
Jay-Z Net Worth 2020
Jay-Z is a prominent and popular rap artist who built for himself an unmatched reputation in the music world and as well created for himself a formidable business empire been an entrepreneur. As of the time this article is compiled, Jay-Z’s net worth is pegged at $1 billion, According to Forbes Magazine. As such, Jay-Z is now classed among the few billion-dollar entertainers in the world. In addition to that, he is the first hip-hop artist to achieve the billionaire status.
Jay-Z makes a bulk of his earnings from endorsement deals, night clubs, and investments in sports teams. Jay-Z also makes his earnings from royalties from albums, he owns several record companies as well as and stakes in companies like Uber. Not forgetting to mention his clothing line Rocawear, which he established in 1999; D’Ussé, a cognac he co-owns with Bacardi; and Tidal, a music-streaming service which is now the third-largest streaming service in the world.
Jay-Z’s Music Career
Shying away from Jay-Z Net Worth 2020, we also deemed it necessary to talk about his music career especially about how he rose to fame and stardom even though his background was rough and tough. Jay-Z started out by selling records from the trunk of his car, reason been that he had no record deal and a freelance music artist, so he did whatever he could to try and sell his music.
Time goes by and having advanced in the music industry and mastered the art, he founded the record label Roc-A-Fella records alongside Damon Dash and Kareem Biggs. Jay-Z was then able to release his debut album ‘Reasonable Doubt’ in 1996.
Fast forward to today, and Jay-Z holds the record for most number one albums by a solo artist on the US Billboard 200 with 14. He has also had four number #1’s on the Billboard Hot 100.
Aside from his music career, Jay-Z further expands his tentacles venturing into other businesses. He established Rocawear, a clothing retail company, in 1999, as well as the luxury sports bar chain, 40/40 Club, in 2003. Both companies have evolved into multi-million dollar corporations grossly impacting his huge net worth.
Read Also: Jay- Z Biography, Songs, & Albums
Jay-Z Age, Height and Weight
I know you also want to know more about this iconic rap artist especially if he is taller than his wife and vice versa. That is why we have included a brief info about his height, age and other info.
As of the time this article is compiled, Jay-Z age is 51 been that he was born in 1969. His height is measured to be 1.88 meters meaning he is slightly taller than Beyonce whose height is 1.69 meters. More so, Jay-Z’s weighs 83kg and he has an athletic body shape.
Jay-Z Personal Life and Children
Jay-Z is currently married to singer Beyoncé and they have 3 children.
The duo began their relationship in 2002 and it was kept away from public eye including their wedding which they kept the press away from their wedding, which held on April 4, 2008, in New York City.
The couple welcomed their first child Blue Ivy Carter (daughter) on January 7, 2012 at the New York’s Lenox Hill Hospital. Jay-Z released a song titled “Glory” dedicating it to her. Blue Ivy was their only child up until June 2017 when the couple welcomed twins Rumi Carter (daughter) and Sir Carter (son).
In 2006, the duo was listed as the most powerful couple for Time magazine’s 100 most influential people of 2006.
Jay-Z Awards and Accomplishments
Jay-Z is also famous for winning numerous awards (34) than many artists of his contemporaries along with 114 nominations. Among the awards he has won includes 22 Grammy Awards which is the most Grammy Awards won by a rapper. In addition, he also holds the record for the most No. 1 albums (14) by a solo artist on the Billboard 200; Soul Train Award, Sammy Davis Jr. Entertainer of the Year, in 2001; BET Award for best male hip-hop artist in 2001; Source Award for best hip-hop artist, solo in 2001; Soul Train Award for album of the year, in 2002; ASCAP Golden Note Award, 2004; American Music Award for favorite male rap/ hip-hop artist, 2004; etc.
Jay-Z Real Estates
What better means to flaunt your wealth than living in luxurious and flamboyant houses. As such, Jay-Z owns real estates that are worth over $50 million.
Jay-Z and Beyonce collection of real estate includes a $26 million East Hampton mansion. Jay-Z and his wife also own an $88 million Bel Air estate. This is an 8-bedroom home encompassing six buildings, multiple pools, a basketball court, and separate quarters for the staff.
Jay-Z also owns a Tribeca penthouse which he bought in 2004. The penthouse is a seventh-floor penthouse at 195 Hudson St. for $6.85 million. The apartment covered a land area of 8,000 square feet, with an additional 3,000 square feet of terrace space. This building is special because that was where the couple held their private wedding in 2008.
These are just to mention a few of the real estate building Jay-Z and Beyonce owns.
Conclusion on Jay-Z Net Worth
From our discourse, you can see that Jay-Z Net Worth 2020 you can see that Jay Z has built quite a fortune for himself. He has set various landmarks in the music world and has risen to become one of the few entertainment billionaires in the world. Jay-Z still continues to venture in businesses that will increase his net worth and enhance his income. What helped Jay-Z to build his financial empire was because he had the understanding that rather than promoting someone else’s business and brand, the best way to grow wealth was by creating and investing in his own brands. This ideology helped him to build the massive wealth which he now basks in.
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