![Pinterest](https://pinterest.com/pin/create/button/?url=https://uknews.evprotec.com/jay-z-net-worth-explained-as-rap-superstar-eyes-sensational-tottenham-takeover/&media=https://uknews.evprotec.com/wp-content/uploads/2023/07/0_GettyImages-1350353846jpga.jpg&description=The world-famous hip hop star is a shrewd businessman and it has emerged that he could be among the suitors for Tottenham Hotspur as owner Joe Lewis faces a legal battle Rap legend Jay-Z is best known for his contributions to the music world but his wide-ranging business sense has helped to make him one of the richest men in music. With the "99 Problems" rapper having been linked with an audacious bid to purchase Tottenham, supporters may be wondering how the superstar amassed his sprawling fortune. With worldwide smash hits to his name including "Empire State of Mind" alongside Alicia Keys and "Crazy in Love" with wife Beyonce, the 53-year-old would have become wealthy through his musical talent alone. However, it is clear that the megastar - real name Shaun Carter - has had no issues branching out into other industries. His current net worth stands at a cool $2.5 billion (£1.9bn), according to Forbes, with investments spanning across 45 companies through his venture capital firm Marcy Venture Partners. The Brooklyn-born star has made a huge effort to put his money into diversity investments, vowing to assist people from underrepresented backgrounds and 23 of the firms he has invested in fit into this category, as per Crunchbase. The superstar also founded entertainment agency Roc Nation back in 2007, with household names such as J. Cole, Rihanna, DJ Khaled and Megan Thee Stallion on their roster. On top of this, Carter also sold streetwear brand Roc-A-Wear to the Iconix Brand Group for $204 million (£158m) back in 2007, while earning a major payday through the sale of the streaming service TIDAL. The majority stake in this company was sold on for approximately $300 million back in March 2021, according to CNBC. He has also invested in companies such as Uber, Lyft, Twitter, and Square. It is worth noting that his successful career in the world of music also earns him about $100 million (£78m) annually through royalties that come from physical sales, as well as from){kind=link}
The world-famous hip hop star is a shrewd businessman and it has emerged that he could be among the suitors for Tottenham Hotspur as owner Joe Lewis faces a legal battle
Rap legend Jay-Z is best known for his contributions to the music world but his wide-ranging business sense has helped to make him one of the richest men in music.
With the “99 Problems” rapper having been linked with an audacious bid to purchase Tottenham, supporters may be wondering how the superstar amassed his sprawling fortune. With worldwide smash hits to his name including “Empire State of Mind” alongside Alicia Keys and “Crazy in Love” with wife Beyonce, the 53-year-old would have become wealthy through his musical talent alone.
However, it is clear that the megastar – real name Shaun Carter – has had no issues branching out into other industries. His current net worth stands at a cool $2.5 billion (£1.9bn), according to Forbes, with investments spanning across 45 companies through his venture capital firm Marcy Venture Partners.
The Brooklyn-born star has made a huge effort to put his money into diversity investments, vowing to assist people from underrepresented backgrounds and 23 of the firms he has invested in fit into this category, as per Crunchbase. The superstar also founded entertainment agency Roc Nation back in 2007, with household names such as J. Cole, Rihanna, DJ Khaled and Megan Thee Stallion on their roster.