The Richest Rapper as of 2018: Jay Z Net Worth

Shawn Carter AKA Jay- Z is a singer-songwriter, producer, business mogul and philanthropist and probably one of the originals of the rap industry. Jay-Z is said to be worth an estimated $900 million as revealed by Forbes and is said to surpass $1 billion in the coming years. With this, he became the richest rapper of all time, surpassing Diddy’s Net Worth by $75 Million!

Early Life

Shawn Corey Carter was born on the 4th of December 1969 in New York. He completed his education from George Westinghouse Career and Technical Education High School. His dad left when Jay- was very young, and he took to looking after his siblings. Carter was into music from a very young age. He is now a music mogul married to another music mogul Beyonce Knowles and is the father of three children.

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Earnings included in his total net worth

Rap Career

Jay- Z has the record for the artist with the most number one albums by a single solo artist.

  • His first performance through which his name came to be known was as a freestyler in Big Daddy Kane’s live shows
  • He was first without any record label and used to sell his very own CDs. Then in 1995, with the help of Kareem and Damon, he created his record label ‘Rock- A- Fella Records’
  • In 1996, he released his debut album titled ‘Reasonable Doubt’ and made it to #23 on Billboard 200
  • After deals with Def Jam, Jay- Z released his second album ‘In My Lifetime, Vol. 1’ where he talks about his difficult life growing up
  • Jay Z released ‘Vol. 2 Hard Knock Life’ in 1998 and was very commercially successful
  • In 1999, Carter released his fourth album ‘Vol. 3 Life and Times of S. Carter’ which sold more than 3 million copies worldwide. He also collaborated with singer Mariah Carey in the song ‘Heartbreaker’ in the same year
  • Jay- Z then released his fifth album ‘The Dynasty: Roc La Familia’ in 2000 and served as a base of introduction for upcoming artists at that time like Kanye West, Bink and Just Blaze
  • In 2001, Jay- Z released his sixth album titled ‘The Blueprint’ which sold more than 427,000 copies worldwide and also hit the #1 spot on Billboard
  • In 2002, he released ‘The Blueprint 2’. It also debuted #1 and sold more than 3 million copies
  • Recently in 2017, he released his latest album titled ‘4:44’ and obviously hit #1 in no time
  • He released a track in 2010 with Rihanna, Bono and The Edge called ‘Stranded.’

His other famous albums over the years include:

  • The Black Album in 2003 grossed around $44 million
  • Kingdom Come in 2006
  • American Gangster in 2007
  • The Blueprint 3 in 2009
  • Magna Carta Holy Grail in 2013


  • His first tour of his ‘Vol. 2’ album earned him $18 million
  • His Magna Carta Tour in 2013- 2014 grossed around $33.1 million in total
  • Jay-Z’s Blueprint 3 Tour during 2009- 2010 cashed in $37.4 million just by ticket sales
  • In December 2016, Jay Z earned almost $1.5 million per show in only his tours
  • His most recent music tour has started titled 4:44

Movie Career

Shawn Carter has also appeared in many movies.

  • Made in America
  • State Property
  • Backstage
  • Paper Soldier
  • Streets Is Watching
  • Fade to Black

Movie producer

  • Jay Z funded and helped produce ‘Black Sorority Project: The Exodus’, a story about 22 female students defying race and gender barriers in Harvard University
  • In 2006, he produced a documentary on Africa titled ‘Diary of Jay Z: Water for Life.’
  • He produced ‘The Great Gatsby’ in 2013 and ‘Annie’ in 2014


  • In 2017, Jay-Z and his wife bought a home in Bel- Air, Los Angeles for $90 million. The 30,000 square feet home boasts of four swimming pools and spa facilities
  • In September, they also purchased a home in Hamptons worth $26 million
  • Carter owns a home in Scarsdale, New York worth $4.5 million and in Creek Village, Florida worth $9.3 million
  • The two also own homes in Manhattan and New Orleans

Vehicle Collection

Jay-Z’s vehicle collection is a wonder equal to his bank account. He owns the most expensive rides including a private jet and a Yacht

  • Bombardier Challenger 850 (Private Jet) worth $40 million
  • Galactica Star which is a 213- foot yacht which has a worth of $70 million
  • Mercedes Benz S-Class worth $200,000
  • Bugatti Veyron Grand Sport worth $1.7 million
  • ‘Maybach Excelor’ which is worth $8 million

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Endorsements and ventures

  • Jay- Z signed a deal with Live Nation Entertainment worth $200 million in 2016.
  • In 1994, Carter founded the ‘Rock- A- Fella Records’ along with Damon Dash and Kareem
  • The record label ‘Def Jam’ bought the ‘Rock- A- Fella Records’ for a total of $11.5 million and made Jay- Z the President of Def Jam Records in 2004
  • Jay- Z is also the founder and creator of the entertainment label ‘Roc Nation.’
  • He has also founded ‘Roc Nation Sports’ that has brought up talents like Dez Bryant, Kevin Durant and Robinson Cano
  • In 2013, Jay- Z sold his stake with the ‘Brooklyn Nets’ team for $500,000
  • He also bought the music streaming service called TIDAL to help artists, as well as their management, earn a decent amount of money for all their hard work. He sold 33% of its stake to a company called ‘Sprint’ for $200 million, so all sprint users get access to Tidal for a certain time limit. Currently, Tidal is valued at $600 million
  • In 1999, Jay-Z launched his very own clothing line in collaboration with DASH but later sold it to Iconix Brand in 2007 for $204 million
  • He owns the bar 40/40 in three cities
  • In 2014, Jay- Z purchased the French Champagne brand called ‘Armand de Brignac’ whose per bottle is priced $850 and has made around $200,000
  • He also invested in an app which provides private jets for the rich people called ‘JetSmarter’ in 2015. Every member has to pay $9000 a year for membership

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  • He released ‘Decoded’ in 2010. It is a montage of pages which consists of lyrics and stories about them

Social Work

  • In 2003, Jay Z founded the ‘Shawn Carter Foundation’ which mainly aims at providing the disadvantaged communities and youth with scholarship opportunities. His fund has helped pay for almost $3 million in forms of counselling programs, scholarships and to study abroad
  • In 2008, Jay Z created a fund for the kids of a Black man named Sean Bell, who got shot under a misunderstanding
  • Jay Z has donated $1 million to Red Cross to help the victims of Hurricane Katrina
  • He used his platform of the world tour to spread awareness about water shortage and how to contribute towards solving it
  • In 2006, Jay Z raised $250,000 through a Concert in New York and donated it to Play Pumps International
  • He gave designer clothes worth over $2,500 to Spring Hill Campaign
  • Jay Z has so many businesses where he employs people who are most in need especially, young black women and men
  • Since the 1990s Jay Z has gone on the ‘Jay- Z Santa Clause Toy Drive’ with his family to donate presents to young kids living in the areas nearby
  • In 1999, he donated the money that he earned from one of his tours to help the people affected by the Columbine tragedy
  • He also donated money to a charity basketball game in 2000 to help benefit the ‘Boys Harbor Summer Camp.’
  • In 2001, Carter donated almost $50,000 to help the ‘World Trade Center relief effort.’
  • He played and hosted a poker game in 2006 which raised $403,862 all the money went towards his foundation
  • He designed boots in 2008, whose revenue from auction was donated WaterAid, to help give access to clean water in Madagascar
  • In 2009, Jay Z donated $25,000 to the Mary J. Blige foundation that deals in Women Advancement
  • He signed and donated his favourite watch in 2010 for auction for $220,000
  • Carter has given millions of dollars to help the campaign ‘Black Lives Matter.’
  • Jay Z and Fat Joe together in 2017, delivered around 2 million pound shipment to Puerto Rico that consisted of supplies for daily needs

Other foundations and Charities that Jay- Z supports are:

  • Robin Hood
  • Keep a Child Alive
  • Global Poverty Project
  • Artists for Peace and Justice
  • He also supports causes such as Aids, Education, Poverty, Water, Disaster Relief etc.


Jay- Z is one of the biggest stars today and has used his platform to spread right messages and benefit the people in need. He has millions of fans all over the world and who appreciate him and his efforts to make it out of his struggle to the life that he leads now.

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