Businesses Owned By Jay Z

Jay Z is one of the richest musicians in the world. Jay Z has an estimated net worth of $1.4 billion.

Jay Z did not only make his wealth from music, but he is also a wall established record executive, businessman, and media proprietor.  He shares on Jack Dorsey and Tidal, LVMH and Armand de Brignac, Black Lives Matter, and bitcoin.

In this article, we show you the businesses and investments by Jay Z.

• Investment In Cannabis

Jay Z has ventured into premium cannabis brand Monogram. He has launched what he describes as “cannabis redefined.”

• Tidal

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Jay Z is widely known as the funder of Tidal, This streaming platform began with a  $56 million investment from Jay-Z in 2015.

• Top Shelf Alcohol

Jay-Z has made a mark in the world of alcohol sales and owns two major brands which cater to a high-end, luxury market. Armand de Brignac is Jay-Z’s own luxury champagne. He is also a part-owner of Dusse, which is an expensive, top-shelf cognac.

• Roc-A-Wear Clothing

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Jay-Z sold the brand for a jaw-dropping $204 million, then went on to buy back the intellectual property of the brand for $15 million, putting him back in the driver’s seat in 2007.

• Roc Nation

Jay-Z created Roc Nation, a platform that is dedicated to helping startups.

• Stakes In Uber

Jay-Z shares in Uber. He invested in Uber, JetSmarter, Julep, and Away, at roughly the same time, with a dedicated $2 million sunk into Uber alone.

Source: richestmusician.com