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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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