Jayz Is Officially a Billionaire! But, How Did He Do It? Don't Miss These Lessons - ArtSoulRadio
Connect with us

Culture News

Jayz Is Officially a Billionaire! But, How Did He Do It? Don’t Miss These Lessons

Published

on

Did you know that JayZ is now an official billionaire! What’s even more surprising is that with every rapper who has been flaunting cars and chains in their videos over the years, JayZ is the first hip hop artist to actually reach this status, and one of the few entertainers overall to reach this benchmark. All of this has happened 23 years after his first album release. He has come a long way right?! But, the kicker is how he did it and what we can learn from it. We all know that he’s one of the greatest in hip hop, but did you know that his biggest profits don’t come from his music? It also doesn’t come from selling merch, his online business or touring. The bulk of his wealth is coming from investing in stocks, real estate and more over time. JayZ and Beyoncé have been teaching silent lessons on how to build wealth for a while but have we been missing the details?

JayZ has had a business mindset from the beginning.  After stepping away from life in the streets of Brooklyn, JayZ eventually released his first album. While life has its ups and downs when pursuing a career in entertainment, overall, business has been pretty uphill for him from there. So what pushed him into billionaire status? According to Forbes, the Brooklyn native has made very strategic investments in liquor, art, real estate, and shares in growing companies like Uber. After the release of his first music project, he launched Rocawear in 1999 (which he sold in 2007 for $204 million). In addition to all of that, he also later became the co-owner of D’Ussé with Bacardi, and acquired TIDAL.  Watch the video below for more details.

 

We can all learn a lot from JayZ’s moves in business. For example, some of the best business decisions don’t involve starting a new business at all. Why reinvent the wheel? That takes a lot of investment of both money and time.  Often times, many start up companies find themselves lost in a busy world packed with competition and/or low start up funding which can take more money and time to build. While startups can make a lot of progress, most (but not all) remain passion projects and few result in Billionaire status.

Your most profitable decision may mean acquiring a business that that is worth owning in full or at least worth owning shares in. It may also be a great idea to consider becoming a co-owner of a business that is already thriving or simply investing in a business that is doing well or that shows great potential for a good return on your investment. Investing in real estate as well as in stocks and bonds of various companies are great avenues for income as well that many bypass. There are many directions to take when seeking additional streams of income. There is no set answer on which way is best. But, it is best to keep in mind that you may have more options that you think you have. JayZ and Beyonce have been leading by example. Let’s keep paying attention so we don’t miss the lessons.

 

Tamara is the founder of ArtSoulRadio.com and a contributor for Ebony/Jet Magazine and other publications. She also works in TV/Film production and has a strong passion for the arts, community outreach, teaching and working with the youth. Learn more at www.tamarallyoung.com and follow her on social media.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Culture

Miss South Africa Wins “Miss Universe Pageant” Held At Tyler Perry Studios

Published

on

Miss South Africa was crown Miss Universe on Sunday in Atlanta after an elaborate presentation of the Miss Universe Pageant which was held at Tyler Perry Studios for the first time. Zozibini Tunzi, 26, finished first ahead of the Puerto Rican and Mexican finalists in the televised event, hosted by Steve Harvey.

During a new segment of the show, Zozibini gave a closing speech where she spoke of wanting to empower young women to feel confident.

“I grew up in a world where a woman who looks like me — with my kind of skin and my kind of hair — was never considered to be beautiful,” she said in her last response. “I think it is time that that stops today. I want children to look at me and see my face and I want them to see their faces reflected in mine.”

Her speech received strong applause from the audience.

 


The two runners-up for the crown were Miss Mexico and Miss Puerto Rico. For the first time in history, African/American women are holding the top winning spots in the pageant world.

Continue Reading

Culture News

Former President Obama delivers holiday gifts at Washington children’s hospital

Published

on

By

Former President Obama, visited Children’s National hospital in Washington on Wednesday dressed as Santa. Obama came equipped with a sack to deliver presents to children and families for the holidays.

 

 

Continue Reading

Culture News

Kanye Announces New Collab W/ Dr. Dre & Launches New Biblical Opera Production

Published

on

Kanye West and Dre. Dre recently announced they are working on a sequel to West’s latest albumJesus Is King Part II. Both West and Dre have worked with other huge names in hip-hop including JAY-Z and Nas, but this will be the first time they have worked together so closely. Kanye has always been vocal about his appreciation for Dre, who is widely regarded as one of the most influential hip hop artists in history.

 


“I first met Dre in December of 2003. He asked me to produce a track for The Game,” West said. “At first I was star-struck, but within 30 minutes I was begging him to mix my next album. He’s the definition of a true talent: Dre feels like God placed him here to make music, and no matter what forces are aligned against him, he always ends up on the mountaintop.”

 

This announcement was followed by Kaye also announcing the launch of his first  Biblical opera production, “Nebuchadnezzar” which is directed by Vanessa Beecroft, an Italian British performance artist who has worked on and off with West since 2008. The two artists previously teamed up on his “808s & Heartbreak” album experience at Ace Gallery in Los Angeles, “Runaway” music video and the Yeezus tour, among other projects.

The opera is scheduled to take place Sunday, November 24th in Los Angeles at the Hollywood Bowl. The performance is named after and ancient Babylon King and will feature music from Kanye’s Sunday Service Series.

 

LISTEN TO “JESUS IS KING”

Continue Reading

Trending

Copyright © 2019 ArtSoul Radio