jay z net worth forbes: Jay-Z's Net Worth is $3 Billion US Dollars, according to Forbes. Jay-Z's annual income exceeds $150 Million and owns Assets and Investments worth $850 Million. Jay-Z owns a number of businesses, including the record label Roc Nation, his clothing line Rocawear, and his streaming service Tidal. Jay-Z has invested in a variety of businesses, including Uber, Lyft, Twitter, and Square.
Jay-Z Assets & Investments
Jay-Z owns over 20 real estate properties, 14 Cars, 7 Luxury Yachts, and 1 Private Jet. The combined worth of all these assets is over $100 Million dollars. Jay-Z's Assets Portfolio also includes Cash at Bank and Deposits, which are worth over $125 Million.
Jay-Z owns a large portfolio of 18 stocks, and he has invested a total of $190 Million in this. A few of the stocks owned by Jay-Z are listed below.
In order to compute the correct net worth of Jay-Z, we need to deduct his liabilities from his Assets. In order to build his business empire, Jay-Z has taken over $40 Million in loans and mortgages from leading banks in the US.
Personal Loan from Bank of America
$13 Million
Overdraft from Citibank
$16 Million
HSBC Mortgage
$7 Million
Letter of Credit - JP Morgan
$10 Million
Jay-Z's Cash Balance
Jay-Z has primary accounts with Citibank and Bank of America. All income of Jay-Z from music royalties and businesses is deposited into this account. At the end of the current financial year, Jay-Z has over $125 million in cash reserves. Some of this cash is in foreign exchange, received through music sales outside the United States.
Jay-Z's Music Royalties
According to Forbes, Jay-Z is one of the highest-earning music artists of all time, with an annual income exceeding $100 Million. This income comes from multiple music platforms like Spotify, Apple Music, Amazon Music, YouTube, etc.
Jay-Z has last year gifted himself a brand new 'Gulfstream G150 private jet plane, that cost him over $60 Million. Jay-Z has spent an additional $5 Million dollars in redesigning the interiors of this plane according to his taste and liking.
Jay-Z also owns six luxury yachts and a number of expensive cars. A couple of Yachts owned by Jay-Z comes with a plunge pool and home theater.
Jay-Z Wealth Breakdown
Fixed Assets
$800 Million
Current Assets
$250 Million
Current Liabilities
$20 Million
Inventories
$17 Million
Loans
$45 Million
Cash in Hand
$125 Million
Conclusion: Jay-Z Net Worth Growth Estimate
Jay-Z is no longer just another music artist, but an established and successful entrepreneur. Jay-Z has built a billion-dollar business empire out of nothing. Jay-Z's net worth has grown by over 500 times in the past two decades. Jay-Z is still in the process of investing in new business ventures and generating more earnings each year. Just like Kanye West, Jay-Z's wealth is seeing a significant uptick due to his sponsorship and franchising deals.
Jay-Z's Fixed Assets consists of cash-churning properties which gives him consistent income, and at the same time keeps the overheads to a minimum.
If the current estimates are to be taken into account, Jay-Z's net worth will reach $2 Billion in less than one year's time, putting him in the Forbes Richest person list.
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