Watch CBS News

Jay-Z Named First Billionaire Rap Artist

NEW YORK (CBSNewYork) - Rapper and Brooklyn's own Jay-Z has become the first billionaire rap artist.

According to Forbes Magazine, the rapper, whose real name is Shawn Carter, has a net worth of at least $1 billion.

Jay-Z is also a streaming music mogul and owner of a sports management company.

Forbes says he has a $70 million stake in Uber and a $70 million art collection.

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.