The forty nine year old musician has made history by becoming hip hop's first billionaire thanks to his business interests in the fashion industry, a sports management company and a $70m (£55.2m) stake in Uber. He also has $310m in Armand de Brignac champagne, $100m in his own cognac, a joint venture with Bacardi, and a $70m art collection.
But wait, there’s more! Jay-Z and his wife Beyoncé also own equity in the streaming service Tidal.
According to Forbes , his net worth "conservatively totals" about $1bn. And judging by his latest Instagram pic, he is pretty chuffed about the news too.