![]() They spend money on things like courtside basketball tickets, expensive restaurants, nice clothes, jewelry, and gifts for each other. The couple is also said to have spent more than $80,000 on matching gold cribs for their twins, and they bought an $11,000 dress for their other daughter, Blue Ivy, to wear to the MTV Video Music Awards. Beyoncé reportedly bought a $5.9 million house for her mother in Houston. Beyoncé and Jay-Z also spend money on their family. Some of their homes include this house in the Hamptons, this converted church in New Orleans, and an $88 million mansion in Bel Air, California. So how do they spend all that money? One way they spend it is on real estate. He also had a stake in the Brooklyn Nets, which he wrote was "never about the investment it was about the Nets and Brooklyn." His share was estimated at $350,000 when he sold it due to conflict of interest with Roc Nation Sports. Jay-Z was an early investor in Uber in 2011, and he started his own venture capital fund called Marcy Venture Partners last year. He reportedly has a stake in Armand de Brignac, a company that makes $300 Champagne nicknamed "Ace of Spades," and has his own brand of cognac, D'USSÉ. In 1999, he cofounded the clothing company Rocawear, which he then sold in 2007 for $204 million. Roc Nation represents musical artists and athletes. Live Nation owns Jay-Z's entertainment label, called Roc Nation, a big source of his income. That same year, Jay-Z signed a 10-year deal with Live Nation for $200 million. Narrator: The most money he made from a solo tour was in 2017 during his "4:44 Tour," which netted $48.7 million. Jay-Z: ♪ Keep your a- tight in Versace ♪ ♪ That's why you gotta watch your friends, ♪ ♪ you got to watch me. Jay-Z's albums and live tours have brought in millions of dollars over his 30-year rap career. Carter bought the company in 2015 for $56 million, but its value increased when Sprint bought a third of the company in early 2017. ![]() ![]() Narrator: Beyoncé also has a stake in Jay-Z's music-streaming company, Tidal. To name a few: Tommy Hilfiger, L'Oréal, American Express, and Pepsi. And like most celebrities, Beyoncé has made a lot of money through endorsements. 2015 saw the launch of her vegan meal-delivery service, and the following year, she launched her Ivy Park clothing line. It made $75,000 in its first day and $400 million overall. In 2010, she launched a fragrance called Heat. Narrator: Beyoncé's fortune doesn't just come from performing. Account icon An icon in the shape of a person's head and shoulders. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |