Jay-Z has a total worth of $450 million, through his Roc Nation label, his catalog, which returns to him in 2014, Rocawear and a stake in the New Jersey Nets.
The rap star/mogul was listed alongside movers and shakers like Facebook’s Sean Parker ($900 million), Marc Pincus (Zynga $850 million), producer Jerry Bruckheimer ($850 million), Jerry Seinfeld ($800 million), James Cameron ($650 million), Michael Jordan ($500 million), Tiger Woods ($500 million), Craig Newmark of Craigslist ($400 million), Tyler Perry ($350 million) and Reid Hoffman of LinkedIn ($340 million).
Jay-Z met up with Forbes’ billionaire founder and CEO/Editor-in-Chief Steve Forbes and fellow billionaire investor Warren Buffett to discuss his success.
“Here you got these millionaire guys who had to pretend as if they weren’t successful at all or it would be like a detriment to their career. Hip-hop from the beginning has always been aspirational,” Jay-Z says.
Warren Buffett, 80, echoed Jay-Z’s comments during the inaugural Forbes 400 Summit, “Jay said it perfectly when he talked about how he’s in there recording for himself, and the money comes afterwards,” Buffett said. “I got to do what I love, and it doesn’t get any luckier than that. I would be doing what I do now and I would’ve done it in the past if the payoff had been in seashells, or sharks’ teeth, or anything else.”
That is a big deal for hip hop to have the most respected person in the stock market quoting you word for word. Jay-Z more than anyone has laid the blueprint for artist to follow.