Here's how Jay Z spends his money

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Born Shawn Corey Carter, the American rap sensation Jay Z is known for numerous feats. Married to Beyonce, Jay Z has an array of business interests. He has also established himself as a successful entrepreneur with a business empire spanning across a variety of industries ranging from clothing lines, beverages, real estate, sport teams, and record labels. In an interview, he stated that "my brands are an extension of me. They're close to me. It's not like running GM, where there's no emotional attachment." ALSO READ: BEIBER IN INDIA

Jay Z and Damon Dash are the founders of the urban clothing brand Rocawear. Jay Z serves as co-brand director for Budweiser Select and collaborates with the company on strategic marketing programs and creative ad development. He is also yet to expand his 40/40 Club sports bar in as many as 20 airports , as he makes deals with his business partners, Juan and Desiree Perez. He is a part-owner of the Brooklyn Nets NBA team. On April 2, 2013, ESPN Jay Z launched his own sports agency, Roc Nation Sports, with a focus on the representations of various professional athletes. In 2014, Jay Z invested $200 million in Armand de Brignac champagne owned Sovereign Brands , a New York-based wine and spirits company for a 100 percent stake, making it the second alcoholic product acquisition in his financial investment portfolio. In March 2015, Jay Z completed the $56 million acquisition of Aspiro, a Norwegian media technology company that operates the subscription-based music streaming service Tidal, which has been in operation since October 2014.

But here comes the question. A man dedicated to business must be earning a LOT! But where does he spend?

Let’s find out

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He broke into the sports world by buying a stake of the Brooklyn Nets.

He broke into the sports world by buying a stake of the Brooklyn Nets.

His share was actually a shockingly small 0.067% (worth about $355,000).

His share was actually a shockingly small 0.067% (worth about $355,000).

But he was still a huge part of the branding of the team, and the "Nets owner" label stuck despite how small his ownership stake was.

But he was still a huge part of the branding of the team, and the "Nets owner" label stuck despite how small his ownership stake was.

He sold his stake in the team in May so he could start a sports agency called Roc Nation Sports.

He sold his stake in the team in May so he could start a sports agency called Roc Nation Sports.

There was a wild but believable rumor last year that Beyonce bought him a $40-million plane for Father's Day.

There was a wild but believable rumor last year that Beyonce bought him a $40-million plane for Father's Day.

He's worth an estimated $520 million, and made $43 million last year alone.

 He's worth an estimated $520 million, and made $43 million last year alone.

Jay and Beyoncé are making a reported $4 million per show for their "On The Run" tour.

 Jay and Beyoncé are making a reported $4 million per show for their "On The Run" tour.

He reportedly rented a $400,000-month summer house in the Hamptons in 2015.

He reportedly rented a $400,000-month summer house in the Hamptons in 2015.

He sold Rocawear for $204 million and has deals with Budweiser, Samsung, and Duracell.

He sold Rocawear for $204 million and has deals with Budweiser, Samsung, and Duracell.

His record label Roc Nation has a $20 million deal with Samsung, which exclusively pre-released his last album.

His record label Roc Nation has a $20 million deal with Samsung, which exclusively pre-released his last album.

He lives in a $6.85-million apartment in Manhattan.

He lives in a $6.85-million apartment in Manhattan.
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