Forbes released their list of the five richest artists in hip-hop. Imaginatively titled “The Forbes Five,” we’re told that Hammer, Vanilla Ice, and Brian Austin Green have all the money in (and pretty much out of) hip-hop. I kid. It’s Dre, Diddy, Drake and Marshall Mathers. But the guy with ALL the riches in the world (meaning he’s married to universal majestrix messiah empress Beyonce) is Jay-Z. Mr. Shawn Carter has ALL the money. You could probably tell by his bar tab.
Jay upped his personal worth from $800 million to $900 million last year. Do you think he has some sort of gifting program for weekend celebrity gossip bloggers who discovered their first gray hair yesterday and now require a pricey sanitarium stay in which to recover? But I digress.
The Brooklyn-born mogul’s jump is due mostly to the rising value of his interests in Armand de Brignac champagne and D’Ussé cognac, on top of nine-figure ownership stakes in his Roc Nation empire and Tidal streaming service.
And get this – Jay, Diddy, and Dre aren’t just the richest hip-hop artists. They’re “the richest American musicians of any genre.”
Diddy is at #2, thanks to “heady growth at DeLeón tequila, his joint venture with beverage giant Diageo–and massive annual earnings totals in recent years.” And Apple buying Beats by Dre for 3 billion in 2014 has locked him at third. There’s a gap between those three and Drake and Eminem who are tied at 100 million.
As for what Jay-Z spends his money on? Houses for him, Bey, and the three mini-moguls are among his purchases.
They shelled out $26 million for an East Hampton mansion and scooped up an $88 million Bel Air estate, adding 21,000 square feet per newborn.
Wait, the kids don’t each get a mansion of their own? That’s abusive. Someone call DSS.