According to the report, the Brooklyn rapper cinched the title through investments in liquor, art, real estate, and shares in growing companies like Uber. He’s also one of only a few entertainers to become a billionaire, and the first rap artist to do so.
His ascent from the Marcy Houses in Brooklyn to starting Roc-A-Fella Records and releasing his 1996 debut Reasonable Doubt was no easy feat. He’s had a business-oriented mind from the beginning, launching Rocawear in 1999 (which he sold in 2007 for $204 million), co-owning D’Ussé with Bacardi, and starting Tidal.
His major assets are: Armand de Brignac champagne ($310 million), cash and investments including a stake in Uber worth an estimated $70 million ($220 million), D’Ussé cognac ($100 million), Tidal streaming services ($100 million), Roc Nation ($75 million), music catalog ($75 million), art collection ($70 million), and real estate ($50 million).