Jay-Z is Now a $2.5 Billion Business, Man Kevin Fleming March 26, 2023 Business News, Celebrity News, Entertainment, Music News Jay-Z’s net worth has soared to $2.5 billion, according to a new Forbes report published Friday. Jay-Z on Beyoncé Deserving Album of the Year, ‘God Did’ Performance and Complex Relationship With Grammys: ‘It’s Just a Marketing Thing’ While the report is slim on details, it notes that the fortune of the man born Shawn Carter 53 years ago reaches far beyond music. “Even in a year without a tour or album release, Jay-Z mints millions from his Armand de Brignac champagne and D’Usse cognac,” it says. “The Brooklyn-born rapper was crowned hip-hop’s first billionaire by Forbes in 2019 , thanks to a sprawling and diversified empire,” noting assets from his Roc Nation entertainment and sports empire to a fine-art collection including works by Jean-Michel Basquiat. ’65th Annual Grammys’ Review: Beyoncé Is Done Both Right and Wrong, in a Show Sent Into Overdrive by Epic Hip-Hop Medley Last month, Jay not only performed “God Did” at the Grammy Awards with DJ Khaled, Lil Wayne, Rick Ross, John Legend, and Fridayy, he resolved a months-long legal battle with Barcardi over his D’ussé Cognac brand that saw the beverage giant acquiring a majority stake reportedly worth about $750 million — which was a key factor in boosting his net worth — while Jay retains a “significant ownership stake,” according to a press release. Back in 2019, when Forbes first proclaimed Jay a billionaire , his assets were outlined thus: Armand de Brignac champagne: $310 millionCash & investments, including a stake in Uber worth an estimated $70 million: $220 millionD’Ussé cognac: $100 millionTidal streaming service: $100 millionRoc Nation: $75 millionMusic catalog: $75 millionArt collection: $70 millionReal estate: $50 million That total had climbed to $1.5 billion last fall, according to a list compiled by former Forbes editor Zack O’Malley Greenburg. Related