08/09/2024
From A Drüg Dealer To A Billionaire
JAY-Z is a successful entrepreneur with a diverse portfolio of businesses across various industries. Here are some of his notable ventures:
1. Roc-A-Fella Records: Co-founded in 1995 with Damon Dash and Kareem Biggs, Roc-A-Fella is a record label that has signed notable artists like Kanye West, Rihanna, and J. Cole.
2. Roc Nation: Founded in 2008, Roc Nation is a full-service entertainment company that includes a record label, talent agency, touring and concert production company, music publishing company, and film and television production company.
3. D'Ussé: Jay-Z partnered with Bacardi to launch D'Ussé, a high-end cognac brand, in 2012.
4. Rocawear: Co-founded in 1999 with Damon Dash, Rocawear is a clothing company that was sold to Iconix Brand Group in 2007 for $204 million.
5. The 40/40 Club: Jay-Z owns several sports bars and clubs, including the flagship location in New York City, which opened in 2003.
6. Jay-Z's music streaming service, Tidal: Launched in 2015, Tidal is a premium music streaming service that focuses on delivering high-quality audio and exclusive content.
7. Real estate investments: Jay-Z has invested in several real estate ventures, including a $90 million apartment building in Manhattan and a $20 million mansion in the Hamptons.
8. Squarespace: Jay-Z invested in Squarespace, a website creation platform, in 2014.
9. Uber: Jay-Z invested in Uber in 2014 and has been a vocal supporter of the ride-hailing service.
10. Cash App: Jay-Z partnered with Square to launch a financial services platform, Cash App, in 2018.
11. Endorsement deals: Jay-Z has partnered with several brands, including Adidas, Puma, and Pepsi, for endorsement deals.
12. Sports teams: Jay-Z owns a small stake in the Brooklyn Nets (now the Brooklyn Nets) and has been involved in several other sports-related ventures.
13. Film and television production: Jay-Z's production company, Roc Nation, has produced several films.
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