Jay-Z Net Worth: Full Name, Age, Kids, Height, News, Annual Income

Jay-Z Net Worth

Jay-Z net worth is $2 billion, making him one of the richest musicians and entrepreneurs in the world. Born Shawn Corey Carter on December 4, 1969, in Brooklyn, New York, he has built an empire through his successful music career, smart business investments, and various ventures. 

Jay-Z’s wealth comes from his music catalog, lucrative investments in companies like Uber and SpaceX, and luxury brands such as Armand de Brignac Champagne and D’Usse Cognac. His journey from a struggling artist in Brooklyn to a global business mogul is a remarkable testament to his talent, vision, and entrepreneurial spirit.

Quick Overview of Jay-Z   

Full NameShawn Corey Carter
GenderMale
ProfessionRapper, Producer, Songwriter, Businessman
Net Worth$2 billion
Date of BirthDecember 4, 1969
Place of BirthBrooklyn, New York, USA
Age54 years old
Zodiac SignSagittarius
NationalityAmerican
Education Attended Eli Whitney High School and George Westinghouse Career and Technical Education High School (did not graduate)
Father Adnis Reeves 
Mother Gloria Carter 
Siblings 3
SpouseBeyoncé Knowles 
KidsBlue Ivy, Rumi, Sir

Jay-Z Net Worth

Jay-Z has a net worth of $2 billion, making him one of the richest musicians and entrepreneurs in the world. His wealth comes from multiple sources, including music, businesses, and investments.

He became a billionaire in 2019 due to his vast business empire. This includes earnings from record sales, tours, and royalties, as well as investments in Armand de Brignac champagne, Tidal, and D’Usse cognac. In February 2023, he sold half of his stake in D’Usse for $750 million, which significantly boosted his wealth.

Jay-Z also owns equity in companies like Uber, SpaceX, and Sweetgreen. He co-owns, with his wife Beyoncé, a $150 million real estate portfolio and a $100 million art collection. Together, their combined net worth is $2.6 billion. Jay-Z’s smart investments and business ventures have been the driving force behind his immense financial success.

Jay-Z Net Worth Growth Over the Years

YearNet Worth
2,009300,000,000
2,012475,000,000
2,013500,000,000
2,015600,000,000
2,017700,000,000
2,019930,000,000
2,0201,000,000,000
2,0211,100,000,000
2,0221,300,000,000
2,0232,000,000,000
Jay-Z's Net Worth Growth Over the Years

Jay-Z’s Date of Birth

Jay-Z was born on December 4, 1969, in Brooklyn, New York. His birth name is Shawn Corey Carter. Growing up in the Marcy Houses public housing complex, he faced many challenges but developed a passion for music early on. His birthday is often celebrated by fans and acknowledged as a significant date in hip-hop history.

Jay-Z Age

As of 2024, Jay-Z is 54 years old. Over the decades, he has transitioned from being a groundbreaking rapper to a global business icon. Despite his age, he continues to influence the music and business industries with his innovation and entrepreneurial spirit.

Jay-Z’s Childhood and Schooling

Jay-Z, born Shawn Corey Carter on December 4, 1969, grew up in Marcy Houses, a housing project in Brooklyn, New York. His father, Adnis Reeves, left the family when Jay-Z was just 11 years old, leaving his mother, Gloria Carter, to raise him and his three siblings. They later reconciled before Reeves’ death in 2003

At the age of 12, Jay-Z shot his brother, Eric, in the shoulder during a conflict over stolen jewelry, a moment he later reflected on in his music. Jay-Z attended Eli Whitney High School and George Westinghouse Career and Technical Education High School in Brooklyn before moving to Trenton Central High School in New Jersey. He dropped out in his sophomore year. During his youth, he was involved in selling drugs and was reportedly shot at three times

These challenging experiences influenced his music and shaped his persona. He earned the nickname “Jazzy” in his neighborhood, which evolved into his stage name, Jay-Z, as a tribute to his mentor Jaz-O.

Jay-Z’s Career Timeline

Jay-Z’s career is a remarkable journey of musical innovation, entrepreneurial success, and cultural impact, spanning decades and cementing his legacy as one of the most influential figures in the entertainment industry.

Jay-Z’s Career Timeline
  • 1995: Co-founded Roc-A-Fella Records, marking the start of his music career.
  • 1996: Released his debut album, Reasonable Doubt, which gained critical acclaim and established him in the rap industry.
  • 1998: Achieved mainstream success with his album Vol. 2… Hard Knock Life, featuring the hit single “Hard Knock Life (Ghetto Anthem).”
  • 1999-2001: Released multiple successful albums, including Vol. 3… Life and Times of S. Carter and The Blueprint, solidifying his position as a top artist.
  • 2003: Released The Black Album, announcing a temporary retirement from music.
  • 2004: Became the president and CEO of Def Jam Recordings, expanding his influence in the music industry.
  • 2006: Returned to music with the album Kingdom Come and continued his entrepreneurial ventures.
  • 2008: Founded Roc Nation, an entertainment company managing artists, athletes, and media ventures.
  • 2010: Partnered with Live Nation to create Roc Nation Sports, representing professional athletes.
  • 2013: Released the critically acclaimed album Magna Carta… Holy Grail and grew his business portfolio.
  • 2015: Purchased the streaming platform Tidal, aiming to revolutionize digital music consumption.
  • 2017: Released 4:44, an introspective and personal album addressing social and personal themes.
  • 2019: Became the first billionaire in hip-hop, with a diverse business empire including investments in D’Usse Cognac, Armand de Brignac Champagne, and Marcy Venture Partners.
  • 2021: Sold 50% of Armand de Brignac to LVMH and a majority stake in Tidal to Square, boosting his wealth.
  • 2023: Reached a net worth of $2 billion, driven by his successful business deals and music ventures.
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Jay-Z Career Earnings

Jay-Z’s career earnings showcase his journey from a successful rapper to a billionaire businessman, with significant milestones across music, business ventures, and strategic investments.

YearEarnings
$2,007$34,000,000
2008$82,000,000
2009$35,000,000
2010$63,000,000
2011$37,000,000
2012$38,000,000
2013$43,000,000
2014$60,000,000
2015$56,000,000
2016$54,000,000
2017$42,000,000
2018$77,000,000
2019$80,000,000
2020$54,000,000
Total$755,000,000
Jay-Z Career Earnings

Jay-Z Songs 

Here’s a list of some of Jay-Z’s most iconic songs that showcase his journey as a legendary rapper:

  • “Hard Knock Life (Ghetto Anthem)” (1998)
  • “99 Problems” (2003)
  • “Empire State of Mind” (2009) – Featuring Alicia Keys, a tribute to New York City.
  • “Big Pimpin'” (1999) – Featuring UGK, a club hit.
  • “Run This Town” (2009) – Featuring Rihanna and Kanye West.
  • “Izzo (H.O.V.A.)” (2001) – A classic celebrating his success.
  • “Dirt Off Your Shoulder” (2003) – A motivational anthem.
  • “No Church in the Wild” (2011) – A collaboration with Kanye West and Frank Ocean.
  • “The Story of O.J.” (2017) – A track from his introspective album 4:44.
  • “Can’t Knock the Hustle” (1996) – A soulful classic featuring Mary J. Blige.

These songs reflect Jay-Z’s storytelling, lyrical prowess, and ability to blend diverse genres with his unique style.

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Jay-Z’s Studio Albums

Here’s a list of Jay-Z’s major studio albums, marking key moments in his career:

  1. Reasonable Doubt (1996)
    • Jay-Z’s debut album, is considered one of the greatest hip-hop albums of all time. It introduced his storytelling and lyrical depth.
  2. In My Lifetime, Vol. 1 (1997)
    • Featuring more commercial tracks, this album helped Jay-Z transition from underground success to mainstream recognition.
  3. Vol. 2… Hard Knock Life (1998)
    • One of his most commercially successful albums, featuring hits like “Hard Knock Life (Ghetto Anthem).”
  4. The Dynasty: Roc La Familia (2000)
    • A collaborative album with his Roc-A-Fella label mates, it helped solidify Jay-Z’s status in the industry.
  5. The Blueprint (2001)
    • One of Jay-Z’s defining albums, it features classic tracks like “Izzo (H.O.V.A.)” and “Takeover.”
  6. The Blueprint 2: The Gift & The Curse (2002)
    • A double album that includes hits like “Big Pimpin’” and “Blueprint 2.”
  7. The Black Album (2003)
    • A fan-favorite, featuring tracks like “99 Problems” and “Dirt Off Your Shoulder.”
  8. Kingdom Come (2006)
    • Marked Jay-Z’s return from retirement, with songs like “Show Me What You Got.”
  9. American Gangster (2007)
    • A concept album inspired by the movie of the same name, with a more soulful sound.
  10. The Blueprint 3 (2009)
  • Featuring hits like “Empire State of Mind,” it continued Jay-Z’s dominance in hip-hop.
  1. Magna Carta Holy Grail (2013)
  • A high-profile album with collaborations from top artists like Beyoncé, Justin Timberlake, and Frank Ocean.
  1. 4:44 (2017)
  • A deeply personal and introspective album, addressing issues like family, wealth, and legacy.
  1. The Carters – Everything Is Love (2018)
  • A collaborative album with his wife Beyoncé, blending both hip-hop and R&B.
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These albums represent Jay-Z’s evolution as an artist and entrepreneur, combining personal narratives with a mastery of the hip-hop genre.

Jay-Z’s Income Streams

Jay-Z has diversified his wealth through numerous ventures beyond music, establishing himself as a successful businessman. Here are his key income sources:

Music Sales and Royalties

Jay-Z continues to earn significant income from his extensive music catalog. With albums like The Blueprint and 4:44, Jay-Z’s music sales, streaming royalties, and performance royalties generate millions annually. 

His catalog of over 10 studio albums and numerous collaborations continues to produce consistent earnings, as fans continue to stream his music on platforms like Spotify and Apple Music. His revenue from music royalties is an ongoing and crucial source of income.

Touring and Concerts

Touring is a major revenue stream for Jay-Z. His concert tours, both solo and in collaboration with Beyoncé, such as the On the Run tours, bring in millions. Jay-Z’s Magna Carta World Tour (2013) grossed over $48 million

On top of ticket sales, his concerts also generate significant income from merchandise sales, VIP packages, and other touring-related revenues. Touring has been a reliable and substantial source of income for him for many years.

Touring and Concerts

Roc Nation

Founded in 2008, Roc Nation is a full-service entertainment agency. Jay-Z’s company represents athletes, artists, and entertainers, and has expanded into media and technology ventures. Roc Nation generates revenue through talent management, music production, film, and TV projects

With high-profile clients like Rihanna, J. Cole, and Kevin Durant, Roc Nation has become a leading agency in entertainment, contributing a large portion of Jay-Z’s yearly income.

Tidal

Jay-Z acquired Tidal, a music streaming service, in 2015 for $56 million. The platform’s business model focuses on offering exclusive content and higher-quality streams. Although Jay-Z sold a portion of Tidal in 2021, the company’s revenue comes from its subscription fees and exclusive partnerships with artists like Beyoncé, Rihanna, and Madonna

Tidal’s growing user base continues to contribute to Jay-Z’s wealth, especially after its valuation reached over $600 million after the partial sale.

D’Usse Cognac

Jay-Z co-owns D’Usse, a premium cognac brand. In February 2023, he sold half of his 50% stake to Bacardi for $750 million. This deal valued the brand at $3 billion, significantly increasing Jay-Z’s net worth. 

His remaining 25% stake is worth $750 million. D’Usse is part of a growing portfolio of luxury goods, helping to solidify Jay-Z’s position as a businessman with profitable ventures beyond the entertainment world.

Armand de Brignac Champagne

Jay-Z’s luxury champagne brand, Armand de Brignac, is another major source of income. In 2021, he sold a portion of his stake in the brand to LVMH (Moët Hennessy Louis Vuitton) for a reported $640 million, but he still retains a part of the brand. 

The brand’s premium pricing and status in the luxury goods market keep it as a valuable asset, ensuring Jay-Z profits from both direct sales and brand partnerships.

Endorsements and Partnerships

Throughout his career, Jay-Z has partnered with global brands, including Samsung, Puma, and Budweiser. These endorsements bring in millions, particularly through exclusive product releases or limited-edition collaborations. 

For example, his deal with Samsung for the Magna Carta Holy Grail album netted him $20 million. His strategic partnerships with top brands help increase his visibility and income while further cementing his status as a business mogul.

Investments

Jay-Z has invested in several successful companies like Uber, SpaceX, Oatly, Sweetgreen, and Ethos. These investments have appreciated in value over the years, generating substantial returns. 

His stake in Uber, which he sold in 2017, earned him a reported $70 million. These investments in tech, food, and health companies diversify Jay-Z’s wealth, ensuring long-term financial growth outside of the entertainment industry.

Fashion (Rocawear)

Jay-Z’s clothing line Rocawear, founded in 1999, was a major source of income before it was sold to Iconix Brand Group for $204 million in 2007. Although Jay-Z no longer directly operates the brand, it remains a significant part of his financial legacy. Rocawear established his reputation in fashion, and the brand’s continued success in the market ensures that Jay-Z benefits from its ongoing relevance and recognition.

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Fashion (Rocawear)

Art Collection

Jay-Z and Beyoncé share a valuable art collection worth over $100 million. They own works by artists like Basquiat, Picasso, and Warhol. As these artworks appreciate in value, the couple’s wealth increases. 

They also gain income by showcasing or selling select pieces. Their art collection is a valuable asset that contributes to Jay-Z’s overall net worth, making him a significant figure in both entertainment and the art world.

Jay-Z’s Real Estate Investments

Jay-Z has a diverse and impressive real estate portfolio, which plays a key role in his wealth. Over the years, he has invested in several high-value properties, including homes in major cities and luxurious estates.

  1. New York City
    Jay-Z and Beyoncé own multiple properties in New York. They previously owned a $26 million condo in the Tribecca area of Manhattan, which they sold for $9 million in 2017. In 2019, they also purchased a luxurious $88 million apartment in the One Hancock Park building.
  2. Hamptons
    Jay-Z and Beyoncé also own a $43 million estate in the Hamptons. The property spans several acres and includes a large main house, a pool, and stunning views of the surrounding countryside. The Hamptons are known for their exclusivity and are home to many celebrities and billionaires.
  3. Los Angeles
    Jay-Z owns a $8.5 million estate in Los Angeles, which features modern architecture and expansive grounds. This home is part of his diverse portfolio in California, contributing to his considerable wealth.
  4. Malibu Mansion
    One of Jay-Z and Beyoncé’s most notable real estate purchases was in May 2023, when they bought a $200 million mansion in Malibu, California. This mansion is one of the most expensive private homes ever purchased in the U.S. and spans over 30,000 square feet with panoramic ocean views.
  5. Miami
    Jay-Z also has an estate in Miami, valued at $30 million. This home is located in a private, gated community and features numerous luxury amenities.

His strategic investments in real estate demonstrate his ability to diversify his wealth and make profitable decisions beyond the entertainment industry.

Where are Jay-Z’s Parents From? 

Jay-Z’s parents have distinct backgrounds that shaped his upbringing.

Where are Jay-Z's Parents From?

Jay-Z’s Father, Adnis Reeves:

Jay-Z’s father, Adnis Reeves, was born in Arkansas. He left the family when Jay-Z was just 11 years old, leaving Jay-Z and his three older siblings to be raised by their mother. Despite his absence for most of Jay-Z’s early life, Adnis later reconnected with his son before passing away in 2003.

Jay-Z’s Mother, Gloria Carter:

Gloria Carter, Jay-Z’s mother, is from Brooklyn, New York. She was the one who raised Jay-Z after his father left. Gloria worked hard to support her children, and her resilience played a crucial role in Jay-Z’s life. She later became an important figure in his personal and professional life, even serving as a source of inspiration for his music. 

Gloria’s upbringing in Brooklyn also contributed to Jay-Z’s strong connection to the area and his experiences growing up in the Marcy Houses, a public housing project in the Bedford-Stuyvesant neighborhood of Brooklyn.

Where is Jay-Z’s Brother Now?

Jay-Z’s brother, Eric Carter, passed away in 2003. Eric, who was Jay-Z’s older brother, was involved in various activities during his life, and Jay-Z has referenced him in his music. In one of his songs, Jay-Z mentions shooting his brother in the shoulder when they were younger, over a conflict related to stolen jewelry. Despite the rough past, Jay-Z and his brother eventually reconciled before Eric’s untimely death. Therefore, Eric is no longer alive.

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Jay-Z’s Wife and Children 

Jay-Z’s wife is Beyoncé Knowles, a globally recognized singer, songwriter, and actress. They married in April 2008 after dating for several years, and their relationship has become one of the most high-profile in the entertainment industry. 

Together, they have three children: Blue Ivy, born in 2012, and twins Rumi and Sir, born in 2017. The family is known for their strong bond and often shares glimpses of their lives through music, public appearances, and social media. Beyoncé and Jay-Z’s partnership extends beyond personal life, with collaborations in music and business ventures.

Jay-Z's Wife and Children

Jay-Z Physical Appearance 

Here are the details about Jay-Z’s physical appearance:

Height6 feet 2 inches 
Weight83 kg
Hair ColorBlack
Eye ColorBlack
Jay-Z Physical Appearance

Jay-Z’s Social Media Presence

Jay-Z has a strong presence on various social media platforms. Here’s a look at his following on some of the major ones:

PlatformUsernameFollowersPosts
Instagram@jayz951K1
FacebookJay-Z22.4M

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FAQs

Q. How did Jay-Z become a billionaire?

Jay-Z became a billionaire in 2019, thanks to his business ventures, investments, and successful music career.

Q. Does Jay-Z own any businesses?

Yes, Jay-Z owns several businesses, including Roc Nation, Tidal, and the 40/40 Club.

Q. What is Jay-Z’s biggest album?

Some of Jay-Z’s biggest albums include “The Blueprint,” “The Black Album,” and “4:44”.

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