The hip-hop world celebrated Brooklyn’s most iconic hard knocks to riches story on Monday (May 3) after Forbes announced that master of business trades Jay-Z topped billionaire status in their latest piece, Artist, Icon, Billionaire: How Jay-Z Created His $1 Billion Fortune.
Chronicling all of his fruitful business endeavors over the years, the business and finance publication detailed the earnings behind Hov’s affluence, including his investment portfolio, D’Useé cognac liquor brand, TIDAL streaming service, Roc Nation entertainment empire, real estate, music and art collection, and more. The news washed the hip-hop community over with praise as several fans championed Mr. Carter for laying the blueprint out for the rest of hip-hop generations to come and proving himself an exemplary icon of Black success. Conversations of other bank-heavy hip-hop veterans also emerged, such as Compton-bred producer and business magnate Dr. Dre and Bad Boy Entertainment herald Diddy.
And with brotherhood in abundance among hip-hop’s wealthiest, the #BlackExcellence campaigner himself took to Twitter to congratulate Hov amid news of his financial feat.
See his message to Hov and others extolling rap opulence:
(Photos from left: Brian Ach/Getty Images for Something in the Water, Craig Barritt/Getty Images for Something in the Water)