How much money does the rapper have?

Jay-Z is much more than a rapper or a businessman. It's a business, man! While fans mostly flocked to him for the music, Shawn Carter has shown he has business acumen throughout his career.

Despite many years as a beloved rapper and respected mogul, Jay has recently found himself in a sticky situation. On December 8, one of Diddy's accusers named the rapper in a civil suit, claiming Jay raped her when she was 13.

Jay released a statement denying the allegations and promising to fight them. He claimed the lawsuit was an “attempt to blackmail” him.

“These allegations are so heinous in nature that I implore you to file a criminal complaint, not a civil one!! Anyone who commits such a crime against a minor should be locked up, don't you agree? he said in a statement on social media.

“I’m not from your world. I’m a young man who made it through the Brooklyn Project,” he said. “We have very strict codes and honor. We are protecting children, you seem to be exploiting people for personal gain.

Diddy also denied the allegations.

Beyond the legal battle, fans are well aware that the “Encore” rapper has made a lot of money over the years. Find out how much Jay-Z is worth here.

What is Jay-Z's net worth?

Jay actually has the highest net worth of any billionaire musician. He is worth $2.5 billion according to Forbesand that doesn't even take into account his wife Beyoncé's net worth.

On Forbes” 2024 list of famous billionaires, Jay is ranked fifth behind Oprah Winfrey, Michael Jordan, Steven Spielberg and George Lucas.

The other two musicians on the list were Rihanna, who has a net worth of $1.4 billion, and Taylor Swift, who has a net worth of $1.1 billion.

How did Jay-Z make his money?

Of course, Jay made a name for himself as a rapper. He has tons of classic records, like The black album, The planAnd Look at the throne. He has also performed sold-out concerts and toured around the world.

Even though everyone has hits like “99 Problems” or “Empire State of Mind”, Jay's net worth is actually the result of his entrepreneurial activities. Notably, he founded the entertainment company Roc Nation in 2008 and has made many other major business deals.

Over the past four years, Jay has earned more than $1 billion from sales of two of his alcohol brands, according to Forbes. It sold 50% of Armand de Brignac, its champagne brand, in 2021. It also sold a majority stake in its D'Usse cognac brand to Bacardi in 2023.

Besides alcohol and music, Jay also became interested in fashion and technology. He founded his clothing brand Rocawear in 1999 and purchased the music streaming service Tidal in 2015.

Jay's career also took him into the world of sports. He notably co-owned the Brooklyn Nets from 2003 to 2013, and played a major role in the team's move from New Jersey to Brooklyn. He was also involved in their arena, Barclay's Center, in Brooklyn.

In 2013, Jay announced that he would launch Roc Nation Sports, as a sports agency.

What is Beyoncé's net worth?

While Jay is certainly very rich, fans know he's not the only one making big money in the Carter household.

Jay's wife Beyonce is a certified hitmaker and she also has a very high net worth.

THE Cowboy Carter The singer's net worth is estimated at $760 million. Combined with her husband's net worth, this brings the couple over $3 billion in total.

Needless to say, these two make the ultimate power couple!