Rapper and entrepreneur Jay Z was born Shawn Corey Carter on December 4, 1969. He grew up in Marcy Houses housing project in the Bedford-Stuyvesant neighborhood of Brooklyn. He is married to Beyonce Knowles, and they have one daughter, Blue Ivy. They live in a penthouse apartment in Manhattan.

Jay Z became known for his hip-hop music, and has released 12 albums that have sold 50 million copies worldwide. He has won 17 Grammy Awards and was number one on MTV’s list of Greatest MC’s of all time. However, most of his wealth comes from his business dealings. He is a co-founder of Roc-A-Fella records and the Rocawear clothing line. He founded Roc Nation in a $150 million deal with Live Nation, and sold Rocawear for $204 million. He owned a stake in the Brooklyn Nets NBA team, which he recently sold in order to sign NBA players with his new sports agency, Roc Nation Sports, founded in April 2013. Since its founding, Roc Nation Sports has already signed top level talent like baseball player Robinson Cano, basketball player Kevin Durant, and WNBA player Skylar Diggins.

Jay Z’s salary in 2012 was $38 million, according to Forbes. However, his salary has been much higher in years when he has toured; in 2010 it was $63 million and in 2008 it was $82 million. In addition to his salary, he has income from various business deals and endorsement deals with companies like Duracell and Reebok. Jay Z’s total net worth is approximately $475 million.

How much is Jay Z’s Net Worth? $475 Million!

Video Transcript:

Jay Z (real name Shawn Corey Carter) was born on December 4, 1969 in Brooklyn, New York in the Bedford neighborhood. He lived with his mom, Gloria Carter, and siblings. Being raised by a single mother in the projects was hard for him. Rapping became a way for him to cope at a young age and escape the realities of his life.

In 1989, Jay Z recorded a song with rapper Jaz-O called “The Originators.” It appeared on Yo! MTV Raps. In 1996, Jay Z and his friends started their own record label. Shortly after, he released his first album Reasonable Doubt. This was his first breakthrough to the mainstream. He was seen as a rising star with a lot of potential. In 1998, he struck gold with his album Vol 2…Hard Knock Life. The song skyrocketed to the top of the charts and went on to receive a Grammy nomination. In 2003, Jay Z took a break from rapping but came back in 2006 with his album Kingdom Come. Since then, he’s collaborated with other rappers such as Kanye West to mention a few and has released numerous hit albums.

Jay Z married singer Beyonce Knowles in New York City in April 2008. They had a daughter, Blue Ivy Carter, in January 2012 and reside in Manhattan. Jay Z prefers to keep his private life quiet. His wedding to Beyonce was very low key and he made sure to have extra protection from paparazzi when Blue Ivy was born.

In 2013, Jay Z was estimated to have made 43 million dollars. As of June, he had earned 60 million dollars in 2014. Jay Z’s net worth is estimated to be around 520 million dollars.

Video Credit: AlphaLife.me on YouTube