What do you have to do to become a billionaire? Well, you might want to ask hip-hop artist, producer, writer, and entrepreneur Jay-Z because Forbes, a magazine focused on business and financial news, just named him the first male hip-hop artist to join that exclusive billionaires club. But if you think he made all of his money with music, you might want to think again. Yes, Jay-Z (real name: Shawn Corey Carter) is a world-renowned artist, but he also owns his own record label (or a company that produces and promotes music for its artists), clothing line, and beverage company, and invests in art, real estate, and businesses like Uber. Yeah, you could say he’s a pretty sharp businessman. But why is Jay-Z becoming a billionaire news? Well, there aren’t that many billionaires in the world—only 2,208 in 2018, but what makes Jay-Z different is that he didn’t come from money. In fact, he grew up in a tough neighborhood with very little money. To a lot of people in the world, Jay-Z has become a symbol of what’s possible, that even a kid from the streets can achieve the biggest dreams.
Interesting Fact: Wonder who’s the richest female musician? It’s Rihanna! Are you surprised? We’re guessing you’re probably not since Rihanna is quite the businesswoman herself! Check out her most recent business endeavor here!