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Jay-Z becomes hip-hop's first billionnaire


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.