Shawn Carter, also known as Jay-Z, is one of the most financially prosperous hip-hop artists and businesspeople. Having sold over 50 million albums and received 17 Grammys, Jay Z is one of the wealthiest artists in the industry.
He also had the chance to perform alongside Mary J. Blige, The Notorious B.I.G., and Memphis Bleek on his “Reasonable Doubt” album in 1996. Over the last 25 years, Jay Z has gone from having to deal drugs to make money to taking over corporations.
His net worth is now $1 Billion, making him the second richest rapper of all time. Similar to many other artists, Jay-Z diversified his sources of income. He started investing in nightclubs, restaurants, his clothing line, and record label.
Who Is Jay-Z?
Jay-Z is an American rapper, songwriter, and producer born on December 4, 1969, in Brooklyn, New York. Raised in the drug-infested Marcy Projects, he initially used rap as a coping mechanism.
One of four children, his mother Gloria Carter, described him as special because he was the only child whose birth was painless. Nevertheless, he had a rough adolescence, spoken about in many songs, and was a victim of dealing drugs and the occasional gunfight.
Switching many high schools in New York gave him the chance to study with Notorious B.I.G. He also developed an early interest in rap to escape from the violent environment in which he grew up.
He made an appearance on Yo! MTV Raps in 1989 with Jaz-O on a song called ‘The Originators.’ After that, he changed his name to Jay-Z. This nickname is a nod to his childhood nickname “Jazzy” and a reference to the J/Z train station near Brooklyn.
He also started a record label with his friends called Roc-a-Fella in 1995 before debuting himself in 1996 with Reasonable Doubt. It features artists like Mary J. Blige, The Notorious B.I.G., and Memphis Bleek.
Rise to Hip-Hop Fame
Jay-Z remained fairly inconspicuous until his debut, Reasonable Doubt, put him in the spotlight. This album is now considered a classic despite only reaching No.23 on the Billboard 200 on its release.
With songs like ‘Can’t Knock the Hustle’ and ‘Brooklyn’s Finest,’ Reasonable Doubt solidified Jay-Z’s position as an emerging hip-hop star. The title track from Vol. 2, Hard Knock Life, the chorus is inspired by Broadway’s Annie, is Jay-Z’s most popular single and won him a Grammy.
It was the start of Jay-Z’s rise to fame. His other popular songs include “Big Pimpin’,” “I Just Wanna Love U,” and “03 Bonnie & Clyde,” a collaboration with Beyoncé Knowles. His next album, The Blueprint (2001), received several critical acclamations.
Jay-Z released The Black Album in 2003 before announcing a temporary retirement. Jay-Z said that he got bored due to lack of competition when asked about his sudden announcement.
The Top 3 Jay-Z Cars
Jay-Z bought an $8 million Maybach Exelero to be the most audacious, eye-catching, and exclusive ride on the road. The Maybach is one car that has excellent performance and is only manufactured once.
The price of this car only rises with the rare quality associated with the Exelero. Fiat’s Stola builds the Exelero after a collaboration with Daimler Chrysler. Jay-Z’s Exelero is an all-blacked-out sports car that could be disguised as the Batmobile.
Jay-Z used this car in his music videos of the song ‘Lost One.’ After winning 14 Grammy Awards and having a net worth of over a billion dollars, buying a car that’s worth $8 million is no big deal.
- Bugatti Veyron Grand Sport
Volkswagen and Bugatti built a car with a longitudinal, mid-engine. It has a permanent four-wheel drive and seven-speed D.S.G sequential transmission. With a quad-turbocharged engine, this car can develop a total of 1,001 horsepower at 6,000 RPM.
This car is a convertible with a Targa top. With a closed top, the car can go 252 miles per hour and is limited to 217 miles per hour with an open top.
Car experts describe this Bugatti car as ‘the best car that has ever been made.’ No car can compete with this for Aesthetics and performance. Furthermore, with a worth of $2 million, this car exudes luxury.
- Rolls-Royce Boat Tail Convertible
This $28 million car is rumored to have been built for Jay-Z and Beyoncé. This car has a rear deck that contains a picnic set and a double refrigerator to keep vintage champagne chilled.
With a blue exterior – inspired by Blue Ivy – the car has two-sided timepieces, one for a man and one for a woman, from Bovet 1822 that can be worn or used as car clocks. It is a four-seater with only two other coach-built vehicles.
As hip-hop’s first billionaire, Jay-Z has the liberty to spend money liberally and have varied investments. Jay-Z’s admiration for expensive cars is not just limited to his rap.
Whether it’s a car from his collection or one he shares with his beautiful wife, he always shows up in something eye-catching.