American rapper and business mogul, Sean Carter, popularly known as Jay-Z, has officially become the world’s richest musician.
The latest ranking by Forbes places the Roc Nation founder’s net worth at $2.5 billion, making him the wealthiest figure in global music.
Jay-Z’s fortune extends well beyond his Grammy-winning career. His wealth is tied to a wide range of investments and business ventures, including Roc Nation, the luxury champagne brand Armand de Brignac (Ace of Spades), and the premium cognac label D’Ussé.
He also secured major financial gains from the sale of his stake in the streaming platform Tidal and the fashion brand Rocawear.
In addition, Jay-Z maintains a diversified portfolio across real estate, hospitality, technology, and startups, solidifying his status as one of the most influential entrepreneurs in entertainment and business.
Meanwhile, Taylor Swift retained her spot as the world’s richest female musician, with a net worth of $1.6 billion.
Forbes noted that Swift is the first musician to achieve billionaire status solely through music sales and tours, underscoring her unprecedented success in the industry.
Jay-Z’s $2.5 billion milestone marks a new chapter in his storied career, reflecting his evolution from rap stardom in Brooklyn to becoming a global business powerhouse.