Professional Documents
Culture Documents
M(Forbes, 2018). The Hip Hope rapper sources of income include real estate, Bar and restaurant,
Clothing, Tidal, and Rock nation sports. Likewise, the musical also gets wealth from Rock-A-
fella records, live nation contracts, and concerts and Jay-z Album.
Real Estate: The Rapper together with his wife Beyonce does the business of selling expensive
homes. For instance, the couple according to L.A. Times, sold a number of expensive homes
including the purchase of Bel-Air Mansion for $ 90 Million. The real estate deals have
contributed significantly to the musician wealth.
JatSmarter: The mogul again made an investment worth $ 20 Million in JetSmarter. The program
runs an app that rent private jets. The application was launched in 2015. And from the
investment, every client pays $ 9,000 a year to get unlimited private flights.
Champagne: This the French Champagne brand Armand de Brignac that was bought by the
musician in 2014. It is estimated that the bottles from the investment have retailed for
approximately $ 200,000(New York Times, 2018).
Jay-Z Albums: the musician also earns money from the sale of his Albums — a program that has
been operating since 1990.
Tidal: The musician has in 2015 ventured in the music streaming program. This program was
bought from a Swedish company and currently host several musicians within the United States.
Bar and restaurant: Jay-Z opened a 40/40 club as a bar and restaurant in New York City back in
2003. The clubs have recently been extended to Brooklyn and Atlanta.
http://time.com/money/5108647/jay-z-net-worth/