Jay-Z is steadily making moves to become hip-hop’s first bona fide billionaire. Within the last year, Jay upped his net worth by a cool $90 million, bringing his total net worth to $900 million and taking P. Diddy’s former position as the richest rapper in the world.
Jay-Z’s growing fortune is in large part due to his stakes in various business ventures, which continue to grow steadily in value. This is particularly true with his investments in D’Usse cognac and Armand de Brignac champagne, a brand more commonly known as “Ace Spades”. His other investments include his ownership stakes in the entertainment company Roc Nation, which he founded, and Tidal, an originally European streaming service which Jay acquired and relaunched in the States.