Jay-Z Is Now America’s Richest Musician

By John Mac, December 21, 2018

The “biggest trick in music that people ever pulled off,” Jay Z believed to Forbes from 2010, was persuasive younger aspiring musicians that “you can not be an artist and make dollars.” The rapper adopted upon his voice this week by growing to become the fifth-richest figure around the publication’s yearly ranking of star riches in America — and the wealthiest musician on the list.

Jay trails behind George Lucas, Steven Spielberg, Oprah Winfrey and Michael Jordan with his net worth of $900 million — a number that Forbes says comes from an examination of published earnings, private stakes, publicly traded assets as well as lifetime earnings estimates — but he is the figure who saw the biggest dollar gains. Jay’s net worth has risen $90 million in the last year because of his bets in a variety of companies like entertainment giant Roc Nation, streaming service providers and spirits companies Armand p Brignac and D’Ussé. He’s now ahead of fellow rapper Diddy who earlier held the top audio spot on the list.

However, Jay may not have the crown long: Dr. Dre was reported to possess an estimated net worth of $770 million previously this calendar year, and the number has probably risen immediately after his stock-rich exit from Apple that fall.

America’s 10 richest celebrities hold roughly $18.7 billion, and it can be up 4 per cent from $18 billion last year also marks the greatest cumulative figure since Forbes started monitoring the fortunes of the famous 3 years back, the publication mentioned.