- Welcome Guest |
- Publish Article |
- Blog |
- Login
For those who are familiar with the name Sean Carter a.k.a jay-z a.k.a jigga will also note the fact that he the heavy weight champion of the hip hop world and also the most financial success in the hip hop game.Born in 1969 he started with nothing and rose up to be one of the biggest names in hip hop history.
It is reported by forbes magazine that jay-z is worth an estimated four hundred and fifty million dollars making him the richest rapper in terms of net worth.His lucrative business empire includes his record label the Rocafella records which is responsible for artist like Kanye West,Memphis Bleek,Yung Gunz,Benie Siegel etc.which was founded with two of his friends Damon Dash and Kareem Burke which Damon left the label with a lucrative agreement added to that is his clothing line Roca Wear which he created and sold for a reported sum of two hundred and four million dollars but he is still in charge of publicity for the clothing plus the fact that he still retains a stake in the clothing and is still paid royalties.
Also in the portfolio is his ownership in the 40/40 night club in new york city and some other states plans are also in place for expansion of the club to different parts of the united states.
Jay-z's is also reported to own a stake in the New Jersey nets which was given to him by the owner of the club for his publicity for and which he made a deposit of some money.He has also been the ceo of def jam records for some years and also he signed a one hundred and fifty million dollar contract with live nation to create roc nation that will manage several artist around the world.
But behind all of the success and glamour and affluence jay-z did still suffer some several business set backs like his failed deal with chrysler and what are the lessons we can all learn from him from the sky is the limit when you know you can have what you want and be what you want and be what you want if you keep pushing on.
Truly jay-z is an inspiration to the hip hop world both rappers like himself,record producers,execs,and youths that are coming up and his name will continue his name now a household name to reckon with and will continue to grow for the next few years.
Article Views: 1705 Report this Article