Jay-Z Named First Billionaire Rap Artist
NEW YORK (CBSNewYork) - Rapper and Brooklyn's own Jay-Z has become the first billionaire rap artist.
According to Forbes Magazine, the rapper, whose real name is Shawn Carter, has a net worth of at least $1 billion.
Jay-Z is also a streaming music mogul and owner of a sports management company.
Forbes says he has a $70 million stake in Uber and a $70 million art collection.
