Jay Z has more than doubled his net worth according to new estimates by Forbes.
Forbes reported on Friday that the Run This Townhitmaker’s net worth was R45 billion making him not only the richest rapper alive but the 1,208th wealthiest person.
“The Brooklyn-born rapper was crowned hip-hop’s first billionaire by Forbes in 2019, thanks to a sprawling and diversified empire.”
The publication stated that he made millions from his Armand de Brignac champagne and D’Usse cognac brands.
The rapper has not released new music or toured recently but has managed to increase his wealth from R19 billion to R45 billion in just a year, reported The Shade Room
Jay Z is not far behind media mogul Oprah Winfrey who is 1,204th on the ranking list.
Kanye West who once held the richest rapper title, lost his billionaire status after Adidas terminated their partnership with him.
