Jay-Z is now worth $1,4 billion
In the span of mere weeks, Jay-Z’s net worth has jumped 40 percent up to $1,4 billion, SCMP calculates. In addition to selling 50 percent of his champagne brand Armand de Brignac, also known as Ace of Spades, to LVMH, Jay-Z sold a majority stake of his streaming service Tidal to Square. 51-year-old rapper and businessman ishappy about his partners - “I’m very fortunate. Jack Dorsey, who created Twitter, Square and Cash App, and Philippe [Schaus] and the guys who created LVMH – you couldn’t ask for better partners; they’re the top of the top. [Things] usually align like that when people do really great things. You could get into partnerships and people short-change the business for different reasons. These guys don’t cut corners, they try to get it right. It’s about respect".