Jay-Z worth $300 million
In Fortune's August issue The Power of Diversity there was a little blurb about Shawn "Jay-Z" Carter being one of the most influential people of 2005 among the diversity list. He is located under the Artists in Residence section.
I was always a big fan of Jay-z since his beginning with Reasonable Doubt LP, but what made me a bigger fan is his business savvy. I read an article a while back about Jay-Z stating that he always wanted to be a businessman. His original plan was to release one album and just make a lot of money off of that and run his company Roc-A-Fella along with his 2 other partners. However, I never really ended up like that as we all know.
S. Carter is now someone who I look up to and admire. He encompasses everything that I want to have and more. He is definitely a rapper that people should pick as a role model. He is no longer a typical rapper that just rap about sex, drugs and money. He rap's about his accomplishments, investments and future endeavors. For example a song he release earlier this summer called Dear Summer. He spits a line "I don't give a fu*k about whips and chrome rims, I got apartments that you can put your home in." That is the first statement from a rapper that I ever heard talking about the right way to make money because most rappers or people in generate don't get the concept about money. Jay-z does. In that line he basically state automobiles I not worth anything because you lose value in them. He [Jay-z] is saying that he invested in apartment buildings which bring him value and hopefully enabled him to flip his investment.
So, for the readers checking out this post if you need so someone to model your life after, Jay-z is the man. Any information that has his name on it, you should pick it up and consume as much as possible. Some of Jay-z current business ventures are the Audemars Piguet watch deal, the Reebok sneaker deal and a partnership with Roc-A-Fella. Oh and of course he the president of Def Jam Records.
