Jay Z Net Worth S500 Million
Jay Z has released some 15 albums to date, all of which have gone platinum or better. This amounts for a significant percentage of his present new worth. In addition, the hip hop entrepreneur has signed massively lucrative endorsement deals with such varied companies as
Chevrolet, Armadale Vodka, Budweiser beer, and the Hewlett Packard computer corporation. These endorsement deals have kept his public profile high.
Perhaps the largest single component of Jay Z’s present wealth is the incredible deal that he signed with the concert promotion company, Live Nation. This deal, one of the largest ever made between a concert promoter and a single artist, is reportedly worth some $150 million.
Of course, Jay Z is in control of yet other streams of income. He owns a stake in several professional sports teams, such as the New Jersey Nets and the English Arsenal football club. He also has an ownership stake in the very popular chain of 40/40 night clubs. His income is expected to increase in 2014.