How Hip-Hip Mogul Jay-Z Grew His Wealth Outside Of Music
This well known rapper might be know for his chart topping hip-hop singles but, his investment acumen helped propel him to billionaire status.
Jay-Z first hit billionaire status in 2019, according to Forbes, thanks to a slew of ventures that were tremendously successful.
The rights to his music were worth an estimated $75 million, and he sold his successful clothing line, Rocawear, for over $200 million in 2014.
He launched an entertainment company called Roc nation and a streaming service, Tidal, which added another $170 million to his net worth.
He then made successful investments in champagne and cognac brands that are estimated to be worth over $400 million.
Then there’s his art collection.
According to UBS Billionaires Report 2022, 30% of billionaires own art collections with an average value of $300 million.
And while you probably can’t follow Jay-Z’s lead and start your own entertainment company or clothing line, you can start investing a percentage of your portfolio into blue chip art, thanks to Masterworks.
Masterworks is an award winning platform that makes it easy to invest in multi-million dollar paintings from artists like Banksy and Picasso.
Which is great, because contemporary art has outpaced both real estate and gold by more than three to one over the last 27 years, and even outpaced the S&P by 131%.
Thanks to Masterworks, you can start investing into art like Jay-Z, Oprah, the Royal Family, and Steven Spielberg.
Most of us don’t have
enough money to invest in art…
And while you probably can’t follow Jay-Z’s lead and start your own entertainment company or clothing line, you can start investing a percentage of your portfolio into blue chip art, thanks to Masterworks.
Masterworks is an award winning platform that makes it easy to invest in multi-million dollar paintings from artists like Banksy and Picasso.
Which is great, because contemporary art has outpaced both real estate and gold by more than three to one over the last 27 years, and even outpaced the S&P by 131%.
Thanks to Masterworks, you can start investing into art like Jay-Z, Oprah, the Royal Family, and Steven Spielberg.
Get started investing into art with Masterworks.
Masterworks: making blue-chip art accessible to everyone
After collecting art for years, Masterworks founder and CEO Scott Lynn discovered that certain artworks have the potential to appreciate in value.
But most artworks are limited to the public due to the high price.
That’s why in 2017, he launched the Masterworks platform to make blue-chip artwork investable for everyone.
It’s the first company to take blue-chip paintings public by filing them with the SEC.
We have already securitized more than 200 paintings for investors – a collection valued at nearly $1 billion.
And our acquisition and research teams utilize our proprietary database of art market returns to acquire new pieces on a weekly basis.
The signup process is very easy – all it takes is your basic information and an internet connection.
While many investors may be waiting to join the platform… we’ve built a special link on this page for readers to skip the waitlist to join.
All you have to do is click one of the links on this page to bypass the waitlist and activate an account to begin investing in fine art.
Join 30% of billionaires, like Jay-Z, who buy art to diversify their portfolio.