Jay Z Increased His Net Worth by 40% Following 2 Deals

March 11, 2021 7:09 PM

Jay-Z made money making moves that caused his net worth to move from $1billion to $1.4 billion. 

Forbes revealed that the deals that were announced in late February with LVMH and Square Inc. caused the increase. Jay believes this move will take Brignac to another level of taste and distribution.

Advertisement

The business man sold 50% of his Armand de Brignac champagne to Moet Hennessy and earned $320m from the move.

He also returned to Twitter and announced his partnership with the founder of the platform, Jack Dorsey.

Even though Jay-Z is Hip Hop’s first Millionaire he spends time helping the Black community through his REFORM alliance and many other charities.

Jay will also be on Squares board of Directors even though he sold majority stake in TIDAL to Dorsey. 


TRENDING



Made in Jamaica 🇯🇲 Yardhype.com website Since 2012 © YARDHYPE 2011-24