What are Jay Z’s top 5 biz ventures? As Jay-Z, or Jay Z—Hova officially dropped the hyphen in July 2013—likes to say, he’s not a businessman. He’s a business, man. Indeed, the Brooklyn rapper and hip-hop impresario has built an empire that extends well beyond music, and over the years, Jay has launched numerous successful business ventures, establishing himself as a showbiz mogul on par with Sean “Diddy” Combs and Def Jam founder Russell Simmons. Below are Jay Z’s top 5 business ventures—all of which have contributed to his staggering estimated net worth of $500 million.
1. Roc-A-Fella Records
Jay Z co-founded this record label in 1996 with business partners Damon “Dame” Dash and Kareem “Biggs” Burke. Roc-A-Fella released its first album—Jay Z’s debut, “Reasonable Doubt”—that same year, and in the nearly 20 years since, it’s helped launch the careers of superstars like Kanye West. The founders split in 2004, when Jay Z became president of Def Jam. In 2008, Hova formed another label, Roc Nation, and made J. Cole his first signing.
2. The 40/40 Club
Next on the list of Jay Z’s top 5 business ventures is the 40/40 Club, a chain of sports bars whose name refers to the elite group of baseball players that have stolen 40 bases and hit 40 home runs in a single season. There are currently four 40/40 Club locations, the most recent of which is at the Barclays Center in Brooklyn, N.Y., home of…
3. The Brooklyn Nets
Third on our list of Jay Z’s top 5 business ventures is the Brooklyn Nets—even though Hova is no longer affiliated with the NBA franchise. In April 2013, he announced he was selling his one-percent share of the Nets—worth $350,000, according to Sports Illustrated—in order to start the next item on our list.