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Jay-Z sells 50% stake of his brand to Hennessy becomes $1 billion Rich

Jay Z’s net worth has just got even richer after selling a portion of his Champagne brand Armand de Brignac. The award winning rapper now worth $1 billion.

He’s best known as a rapper, but did you know Jay Z is actually quite the businessman? He’s got stakes in a number of big companies, has a very expensive art collection and is big in the real estate world.

But by far his most profitable venture is his Champagne brand Armand de Brignac, and half of it has just been acquired by Louis Vuitton’s luxury drink business LVMH Moët Hennessy, increasing his wealth even more.

So what is Jay Z’s net worth? Let’s find out.

WHAT IS JAY Z’S NET WORTH?

  • $1 billion.

In 2019, Forbes revealed that Jay Z’s net worth had reached $1 billion, making him the first hip-hop artist to reach that milestone.

Beyoncé’s net worth is $400 million, so the pair have a combined estimated wealth of $1.4 billion.