American rapper and music executive Sean Carter, also known as Jay-Z, is currently the world’s richest musician.
According to Forbes, the Roc Nation CEO is worth $2.5 billion.
His income derives from a variety of assets and businesses, including Roc Nation, the luxury champagne company Armand de Brignac (Ace of Spades), and the cognac brand D’Ussé.
Jay-Z also gained significant gains from the sale of Tidal, a music streaming service, and Rocawear, a fashion firm.
He also has investments in real estate, hospitality, tech, and startup companies.
Meanwhile, Taylor Swift maintained her position as the richest female musician with a net worth of $1.6 billion.
According to Forbes, Swift is the first musician to hit billionaire status solely based on her songs and tours.