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."
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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
, 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,
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