Jay Z Net Worth in 2020: Jay-Z is an American rapper, songwriter, entrepreneur, and record producer. In addition to his successful albums, Jay-Z is also known for being a successful businessman and husband of popular singer Beyoncé.
As of 2020, Jay-Z’s net worth is $ 1 billion. Which made him the richest rapper in the world, BTW in the second place we find Kanye West, thanks to his investments in real estate, music, and more.
His wife Beyoncé has an estimated net worth of $ 500 Million, making the couple among the richest celebrity couples in the world for 2020 with a net worth of $ 1.5 billion.
|Full name:||Shawn Corey Carter|
|Born:||December 4, 1969 (age 50)|
|Nationality:||United States of America|
|Professional:||Rapper, Songwriter, Businessman & record producer|
|Net Worth:||$1 Billion (April 2020)|
Shawn Corey Carter was born on December 12, 1969, in New York City, in the drug-plagued Marcy Projects neighborhood of Brooklyn.
His father, Adnis Reeves, deserted the family when Jay-Z was 11 years old, and his mother, Gloria, raised him and his 3 siblings.
He attended Eli Whitney High School in Brooklyn, where he was a friend of rap legend Notorious B.I.G. Jay-Z remembers this stage of his life in his song December 4th, in which he says: I went to school, got good grades, could behave when I wanted, But I had demons deep inside that would raise when confronted.
Jay-Z turned to rap at an early age, and rap was his safe haven away from drugs, violence, and poverty as he lived at Marcy Projects.
Read also: Beyoncé Net worth In 2020
He made his debut in 1989 on Yo! MTV Raps. In 1996 Jay-Z and his friends Damon Dash and Kareem Burke founded the record company Roc-a-Fella. In June of the same year, Jay-Z released his album Reasonable Doubt, and although the album only ranked #23 on the Billboard Charts, it is today one of the most important classic albums in hip-hop.
This album drew attention to Jay-Z as a rising hip-hop star, which made him covered up in many successful albums, that are:
|In My Lifetime, Vol. 1||1997|
|Vol. 2… Hard Knock Life||1998|
|Vol. 3… Life and Times of S. Carter||1999|
|The Dynasty: Roc La Familia||2000|
|The Blueprint2: The Gift & the Curse||2002|
|The Black Album||2003|
|The Blueprint 3||2009|
|Magna Carta Holy Grail||2013|
In addition to Jay-Z’s global success in rap music, where he said that he is starting to get bored due to the lack of competition in this field, he has appeared in several successful films:
- Streets Is Watching (1998)
- Backstage (2000)
- State Property (2002)
- Paper Soldiers (2002)
- Fade to Black (2004)
- The Great Gatsby (2013, executive producer)
- Made in America (2013, documentary)
- Annie (2014, producer)
- Rest in Power: The Trayvon Martin Story (2018)
Check Also: Kanye West Net Worth 2020
Jay Z Net Worth:
As of 2020, Jay-Z’s net worth has officially moved into billionaire status as he has $1B.
Jay-Z’s Net Worth & Earnings:
In 2008 Jay-Z signed a contract with a company worth $ 150 million with the party company Live Nation.
Jay-Z founded his own clothing brand, Rocawear, and owns a 40/40 club in New York City, with branches in Atlantic City, Las Vegas, and Atlanta.
In 2013 he launched Roc Nation Sports.
In March 2015, Jay-Z and some of his famous friends like Madonna, Nicki Minaj, and Jack White launched the music app Tidal which gained a large following.
Over the years he endorsed a number of major brands including Chevy, Budweiser, Armadale Vodka, and Hewlett Packard.
He is the Co-Brand Manager for Budweiser Select and collaborates with the company on marketing and advertising development.
How does Jay-Z spend his money?
Jay-Z is a car enthusiast as he owns a huge collection of luxury cars, including: Ferrari F430 Spider, Bugatti Veyron, GMC Yukon, Mercedes-Benz Mclaren SLR, Mercedes-Benz Sprinter, Rolls-Royce Silver Cloud, Rolls Royce Phantom, Tesla Model S, 1957 Chevrolet Corvette,…
Jay-Z resides with his wife Beyoncé in a $ 2.4 million former Presbyterian church in New Orleans that includes three master bedrooms.
Also, Jay Z owns a $ 6.85 million apartment in Manhattan’s upscale Trapeka neighborhood, as well as properties in suburban New York and the Bel Air neighborhood of Los Angeles. The value of his real estate is estimated at 50 million dollars.
He has a pure gold chain necklace worth $ 234,000 and also a Hublot Big Band watch worth $ 73,700.
He sometimes brings his family on vacation on a $ 3.6 million private island and yachts worth $ 61.4 million. He rents a summer house for $ 400,000 a month in the Hamptons.
Their relationship began in 2002 when Jay-Z worked with Beyoncé on “03-Bonnie & Clyde,” as well as “Crazy in Love” and “That How You Like It.”
Jay-Z and Beyoncé got married on April 4, 2008, in New York, and about 40 people attended the wedding.
On January 7, 2012, they had their baby, Blue Ivy Carter, and Jay-Z released the song Glory to mark the birth of his first child. On June 18, 2017, Beyoncé gave birth to twins: a daughter named Romy and a son named Sir.