What is Jay-Z’s net worth? Who is Jay-Z’s wife?
Introduction
Jay-Z is an American music producer, investor, art collector, and one of the world’s most successful rappers. He is also known for well as his marriage to singer Beyoncé.
Biography
He was born on December 4, 1969, in Brooklyn, New York City, as Shawn Corey Carter.
His dad left the family when Carter was only 11 years old.
He has three older siblings – sisters Michelle and Andrea and brother Eric.
He dropped out during his sophomore year at Trenton Central High School.
Co-founded Roc-A-Fella Records
In 1994, Jay-Z co-founded the record label Roc-A-Fella Records.
In 1996, he issued his debut album, Reasonable Doubt.
In 1998, Carter released the album — “Vol. 2… Hard Knock Life.” It became his first album to debut at #1 on the Billboard 200. The album sold more than 6 million copies in the US.
In 1999, Jay-Z founded the clothing line Rocawear.
In 1999, the rapper released his fourth album — “Vol. 3… Life and Times of S. Carter.” The album featured production from:
- Irv Gotti
- DJ Premier
- Rockwilder
- DJ Clue
- K-Rob
- Timbaland
- Swizz Beatz
In 2007, Carter departed from the presidency of Def Jam.
In 2008, Jay-Z founded the record label Roc Nation.
In early 2010, he released the track — “Stranded (Haiti Mon Amour),” with The Edge, U2’s Bono, and Rihanna.
In November 2010, he published a memoir — “Decoded.”
In July 2013, Carter published his 12th studio album titled — “Magna Carta Holy Grail.”
Also in 2013, Jay-Z founded Roc Nation Sports — the sports management division of Roc Nation.
In 2014, he bought the Armand de Brignac champagne brand.
In 2019, Jay-Z became the first hip-hop billionaire.
He was inducted into the Rock and Roll Hall of Fame in 2021.
In 2023, Jay-Z was named the greatest rapper of all time by Billboard/
Legal Issues
In October 2024, he was accused in a civil lawsuit of raping a girl (an anonymous accuser, identified only as “Jane Doe”) in 2000 along with Puff Diddy.
The accuser was 13 years old at the time of the alleged incident.
The accuser stated the assault happened after she was driven to an MTV Video Music Awards after-party.
Jay-Z has vigorously denied the accusations.
In December 2024, Carter’s efforts to dismiss the case have been denied by a judge.
Wife
On April 4, 2008, Jay-Z and Beyoncé tied the knot. His wife first achieved fame with the R&B group Destiny’s Child.
When the two first met, Beyoncé was 18 years old, while Jay-Z was 30.
“We were friends first for a year and a half before we went on any date,” Beyoncé told Oprah Winfrey in 2013.
In 2002, Jay-Z and Beyoncé released their first collaborative track together — “03 Bonnie & Clyde.”
In 2014, they went together On The Run Tour.
Children
The couple has three children.
On January 7, 2012, their daughter, Blue Ivy, was born.
The couple welcomed their twins, Sir and Rumi, in June 2017.
Height
6′ 1¼″ (1.86 m)
Jay-Z – Net Worth
So, how much is Jay-Z worth?
Jay-Z earned most of his wealth from selling copies of his albums and many other investments.
Carter won 24 Grammy Awards throughout his career and sold over 140 million records.
His musical catalog is estimated to be around $100 million. It also brings over $5 million per year.
In 2021, he sold a 50 percent stake in his luxury Champagne brand, Armand de Brignac, to LVMH – Bernard Arnault is the main shareholder of the company.
In 2013, Jay-Z invested $2 million in Uber. Now, his stake is estimated at $70 million.
In 2015, Carter bought the Swedish tech company Aspiro for $56 million. Aspiro operates Tidal and WiMP.
Carter’s art collection is estimated to be worth $70 million. For instance, in 2013, Jay-Z acquired the Jean-Michel Basquiat painting Mecca for $4 million.
In 2020, he launched his cannabis line called Monogram.
In 2003, Reebok gave Carter his sneaker, Reebok S. Carter x Jay Z. The new sneaker sold 10,000 pairs hours after its release.
In 2005, he became an investor in Carol’s Daughter.
In February 2023, Jay-Z sold his 50% of D’Ussé Cognac back to Bacardi for $750 million.
In 2019, he invested $1 million in a vegan company called Partake Foods.
He sold Rocawear’s rights to Iconix Brand Group for $204 million in March 2007.
He is the owner of the 40/40 Club in New York City. Therefore, Jay-Z has an estimated net worth of $$2.5 billion.
“My brands are an extension of me,” Jay-Z said in an interview. “They’re close to me.”
Airplane
Jay-Z and his wife paid $40 million for a Bombardier Challenger 850.
Real estate
In 2017, he purchased a Bel-Air mansion for $88 million. Amenities include — protected by bulletproof windows, a home cinema, a full-sized basketball court, a separate staff quarter, a 15-car garage, a media room, and spa and wellness facilities.
In 2023, Jay-Z and Beyoncé paid $200 million for a home in Maliby which sits on an 8-acre plot.