Will Jay Z Become Hip-Hop's First Billionaire?

Will Jay Z Become Hip-Hop's First Billionaire?

The future is looking bright.

Published May 12th

Jay Z was destined for greatness. While he may have had some naysayers against him in the beginnings of his career, at this point in the game, over two decades later, it's hard to question his legacy and influence.

As recently reported, Hov has made a new lucrative business deal with Live Nation that not only is worth a heck of a lot of money ($200M), but is one that likely will tip the scales and grant him the title of hip-hop's first billionaire.

“Live Nation and I entered unchartered territory in 2008,” Jay Z said in a statement announcing the new chapter of his partnership with the entertainment company. “Over nine years, we have traveled the world producing historic music experiences. Michael Rapino [president and CEO of Live Nation] is an industry visionary, and this renewed partnership is a testament to our longstanding relationship and the talented individuals at Live Nation. For the next 10 years, we will continue redefining the live event landscape.”

The ever-humble mogul also forgot to mention what this deal means for his own personal brand and net worth, but don't fret, that's what Twitter is for.

Take a look at what Jay Z's fan base is saying regarding this historic milestone for hip-hop below.

  1. Jay Z's new $200M deal with Live Nation just might put him over
  2. don't even question it
  3. Diddy can be next up, though
  4. He's elevated hip-hop to a whole new level
  5. We want you to meet him, too!
  6. Yup
  7. Don't let this distract you, though
  8. Such disrespect on Jay Z's name, SMH
  9. It is beyond deserved
  10. Inspiration enough for a lifetime
  11. That was cute, Birdman...
  12. Did they forget about Dre?
  13. FYI, Dr. Dre only received a percentage of his Beats By Dre deal
  14. Come up so real
  15. Speak it into existence

Written by KC Orcutt

(Photo by Kevin Mazur/Getty Images for Roc Nation)

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