Saturday, February 1, 2020

Jay-Z’s Smart Investing Tip

Jay-Z will be the first to tell you he’s not a businessman—he’s a “business, man.” Shawn Carter’s career as a mogul has been fruitful, propelling him to a net worth of more than $800 million. That’s thanks to diversified investments in everything from his streaming service Tidal, which is valued at more than 10 times what he paid for it, to his Armand de Brignac champagne and Roc Nation talent agency. The latter recently negotiated Kevin Durant’s $51 million deal with the Golden State Warriors. Not bad for a rapper who grew up surrounded by drugs in Brooklyn’s Marcy Projects.

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