Right now, Jay-Z earns revenue not only from his music but also from other different businesses. These include clothing, endorsement and Real estate. Some of his massive wealth came from his Rocawear clothing brand, in 2007 it was sold for $204 million. Jay also signed a ten-year Live Nation deal worth upwards of $150 million in 2008. Yet more income is derived from being a stakeholder in the New Jersey Nets.
Now let’s touch on music and Jay-Z, it’s appropriate to say that Tidal is one of his greatest achievements financially. It was acquired last 2015 for $56 million, but it was all worth it. Tidal is a subscription-based streaming service for music. Many artists co-own tidal, and Jay-Z is the biggest shareholder. Sprint purchased Tidal’s 33% for an unbelievable amount of $200 million last January. The significant move raised the value of Tidal to an incredible $600 million.
Jay-z is married to R&B superstar Beyonce Knowles. Together they have three children together, Sir Carter, Rumi and Blu Ivy.