Jay Z is now among the richest black people, he is now worth $2.5 billion

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OmoAlaji

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Oct 14, 2020
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Jay-Z's net worth has reached an astounding $2.5 billion, solidifying his position as the richest rapper alive. According to Forbes, he is now the 1,203rd wealthiest person in the world. French business magnate Bernard Arnault currently sits at the top of the list with a valuation of $216.1 billion. Forbes' updated estimation of Jay-Z's net worth would mean that his worth has almost doubled since last year when it was reported as $1.4 billion. In 2019, he became the first billionaire in hip-hop due to his various business ventures, including liquor, art, real estate, and stakes in companies like Uber. His latest increase in net worth is attributed to his February deal with Bacardi over the D’ussé cognac brand. Despite criticism, Jay-Z remains committed to his business ventures, saying, "we're not stopping." Together with wife Beyoncé, who has a net worth of $450 million, their three children stand to inherit quite the fortune.