Jay Z Net Worth & Biography

What is Jay Z net worth?

When you think of the richest musicians in the world, you probably think of Jay Z.

Jay Z Net Worth:$1 Billion
Name: Shawn Corey Carter
Date of BirthDecember 4, 1969
Country of Origin:United States of America
Source of Wealth:Music, Endorsements, Businesses
Famous AsA Rapper

Shawn Corey Cater popularly know as Jay Z is an American rapper, songwriter, record producer, and businessman.

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He is widely regarded as one of the most influential hip-hop artists in history, and often cited as one of the greatest rappers of all time

He is known as not only a talented rapper but also a businessman. Jay-Z is the first hip-hop artist to reach billionaire status.

Jay Z is no doubt one of the best-selling musicians of all time. He is second on the list of the top 30 Richest rappers in the world.

Jay Z Net Worth and Highlights

As of today, Jay Z net worth is estimated at approximately $1 Billion, making him second to Kanye West. Here are some of his best highlights:

Throughout his musical career, Jay-Z has earned 51 Grammy Award nominations and has won 17 Grammy awards from 1999 to 2013. He has won six BET Awards from 2001 to 2012.

In 1998, he won the Billboard Music Award for ‘R&B Albums Artist of the Year’.

He won the American Music Awards for ‘The Blueprint 3’ for the category ‘Favorite Rap/Hip Hop Album’, in 2009.

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In 2009, Jay-Z and Beyonce were ranked as Hollywood’s top-earning couple by Time Magazine.

In 2010, he won the Nickelodeon Kids’ Choice Awards for ‘Favorite Male Singer’.

Early Life

Shawn Corey Carter popularly known as Jay Z was born in the Brooklyn borough of New York City, one of the 50 U.S states, on December 4, 1969.  

At the age of 11, his father left the family. Jay-Z and his three siblings were raised by their mother, Gloria Carter. Who knew what Jay Z net worth would turn out to be?

Jay-Z had a really rough adolescence. After their father, Adnis Reeves, abandoned the family, Carter dealt with drugs and flirted with gun violence.

He attended multiple high schools, including George Westinghouse Career and Technical Education High School in downtown Brooklyn, where he met the legend Notorious B.I.G.


Carter turned to rap at a young age as an escape from the drugs, violence and poverty that surrounded him in the Marcy Projects

His interest in music was detected from very early stage when he received a boom box for his birthday from his mother. He began free styling, scripting lyrics and tailed the music by many popular artists of the time.

Jay-Z began his musical career in the late ‘80s, with brief appearances on several of Jaz-O’s early recordings. At that time, the foundation for Jay Z net worth was being built.

In 1989, he joined the rapper, Jaz-O, who became his mentor and taught him the basics of rapping. In order to show appreciation to his mentor, he permanently changed his name to Jay-Z, since he was known as ‘Jazzy’ in his environment

He also took on rapper LL Cool J in a number of rap battles in the early ’90s. But he was unable to reach a wide audience until 1994 when he was featured on the Big Daddy Kane album, “Daddy’s Home.”

In 2003, Jay-Z stopped rapping due to some certain reasons. He decided to focus more on his producer career than his rap career. He became the president of Def Jam Recordings.

He signed a lot of great artists such as Rihanna, Ne-Yo, and Kanye West. He also became a businessman by creating his own clothing company, Roca wears and owning a part of the Brooklyn Nets, an NBA basketball team.

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In 2006, he decided to come back into the game. He created the albums “Kingdom Came” and the year after “American Gangster”.

In 2010, he released Blueprint 3, but in 2011 he teamed up with Kanye West to do an EP called “Watch the Throne”.

This album went triple hit, made the top rap charts for August and also nominated for the Grammy for the best rap Album.

In 2013, Jay-Z’s twelfth album was released. The album topped the chart to number one. It was nominated for Album of the Year at the 2013 BET Hip Hop Awards.

The first single on the album, “Holy Grail”, features Justin Timberlake singing in it. It reached number four on the US Billboard 100.

In December 2013, Jay-Z was nominated for nine Grammy Awards. Interestingly, he rapped in his wife Beyoncé Knowles’ fifth album.

Jay-Z has three children Blue Ivy and twins Rumi and Sir Carter, with Beyonce who is also an American singer, songwriter, record producer, dancer, actress, and filmmaker.

Jay Z And Beyonce Net Worth Combined

Beyonce is no doubt one of the richest musicians in the world.

Beyonce net worth is estimated at roughly $500 Million. When combined with Jay Z net worth, the couple has a combined net worth of $1.5 Billion.

Jay Z lives in a $6.85 million apartment in Manhattan. He reportedly rented a $400,000-per-month summer house in the Hamptons.

He also has a huge collection of cars such as Tesla Model S, Bugatti Veyron, GMC Yukon, Mercedes-Benz Mclaren SLR, Rolls-Royce Silver Cloud, 1957 Chevrolet Corvette, Mercedes-Benz Sprinter, Ferrari F430 Spider, Rolls Royce Phantom and much more.

In New Orleans, Jay Z stays in a $2.4 million former Presbyterian Church which features three master bedrooms.

He has an awesome collection of jewelry such as a solid gold chain necklace which is worth $234.000. He also has a Hublot Big Band watch worth $73,700.

Sometimes he brings his family on vacation on $3.6 million private Bahamas island and $61.4 million yachts.

In one of our favorite Jay Z quotes, he said; “I’m not afraid of dying, I’m afraid of not trying.” – Jay-Z”

What is Jay Z net worth

Life Lessons From Jay Z

Here are some of the life lessons’ we’ve got for you from Jay-z’s early life, hustle, career and achievements.

  • Overcome Your Fears

Jay-Z started to rap at a very young age and Jay-Z net worth is proof that he’s fearless. The only way to become successful is to overcome your fears and take action in life. 

Those who are successful overcome their fears and take action. Those who don’t submit to their fears live with regrets. Go out and make positive change and action in your life.

Related: YCEE net worth and biography

  • Always Try

Be a doer. Try, and don’t be afraid of failure. Learn from your mistakes, and ‘fail forward.’ Nothing worse than living with regrets in life by not trying.

Design Yourself

If you were a designer, you can design your home. Why not be a designer of your mind? Design who you are as a human being. Try to design your thoughts, design your actions, and your purpose in life

Do What You Love

Jay Z fell in love with music, he did music even when that was not his source of income. He continued doing music even when he was already making 2,000 dollars from another side hustle.

This love for music has led him to produce several albums over 30 years which has earned him numerous awards.

Jay-Z’s Net Worth Over the Years    

Now let’s have a look at Jay Z wealth. Jay-Z net worth is more than $1 billion.

Jay-Z Networth so far;

Year    Net Worth

  • 2009    $300,000,000
  • 2012    $475,000,000
  • 2013    $500,000,000
  • 2015    $600,000,000
  • 2017    $700,000,000
  • 2019    $930,000,000
  • 2020    $1,000,000,000

Check below the wowing collection of Jay Z cars and mansions collection which allegedly worth millions and millions of dollars

  • Cars
  • May Bach Exelero
  • Bugatti Veyron Grand Sport
  • Pagani Zonda F
  • Rolls-Royce Phantom
  • Ferrari F430 Spider
  • Porsche 911 Carrera CabrioletM
  • Mansions
  • Beyonce and Jay-Z own an extremely valuable portfolio of real estate assets around the world.In 2008, they purchased a 7-bedroom mansion on the ultra-exclusive Indian Creek Island in Miami for $8 million.
  • Beyonce owns a $2.6 million home in New Orleans.
  • Jay-Z owns a $10 million apartment in NYC that he bought solo in 2004 for $6.85 million.
  • In 2017, Beyonce and Jay-Z together paid $26 million for a mansion in the Hamptons called Pond House.
  • Together they own a $4 million private island in the Bahamas.
  • He is not just one of the richest music stars in the world he also has several millions of endorsement deals.
  • Investments
  • Jay Z investment in Armand de Brignac is worth $310 million.
  • He has at least $220 million worth of cash and other liquid investments.
  • His music catalog is worth at least $75 million.
  • His art collection is worth $70 million.
  • His investment in D’Usse is worth $100 million.

Jay Z Net Worth Summary

That is all about Jay Z net worth, biography and lifestyle. Jay-Z’s story is one that motivates us to aspire for greatness

Jay Z is estimated to have a net worth of $1 billion through hard work and dedication and this has made him be the richest rapper of all time and the very first billionaire in the hip hop.

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