Jay-Z was recently reprimanded for associating the term capitalist with the word N during a discussion on Twitter Spaces on Wednesday, August 31, 2022. The rapper drew parallels while uttering the lyrics. singing of his latest duet with DJ Khaled, God Did. Netizens condemned in parallel, many pointing out that Jay-Z is a millionaire and therefore a product of capitalism. CelebrityNetWorth estimates the 52-year-old rapper’s net worth at around $1.3 billion as of April 2023.
On August 31, during a discussion on Twitter Space with writer Rob Markman, DJ Khaled, and others, Jay-Z was asked about a passage in God Did that addressed the empowerment of black superstars like Kanye West and Rihanna. He responded by saying:
“All these things that America has fed us all our lives, and then when we start to believe in them, they try to shut us down.” They started coining terms like “capitalist”. They called us “n***er”, “monkey” and “s**ts.” I don’t care what terms you mean. “You have to come up with stricter terms.”
Jay-Z thinks the word “capitalist” is an insult 💀 https://t.co/U3QBlNFuxB
– QueenGrits (@quarantinebee) September 1, 2022
In an interview about their journey to becoming a household name in the music business, Jay-Z said that no one should be ashamed of their achievements in a system that excludes everyone:
“You’ve built a system that, you know, excludes us.” We said okay. We understand it in a different way. This music is composed by us. We did our part, you know, we worked hard to get here. And, you know, it’s like, you know, ‘Eat rich,’ and, man, we’re not going to stop.”
Everything we know about Jay-Z’s $1 billion fortune
Jay Z is currently one of the most prominent hip-hop musicians in the business, having sold over 140 million albums and won 24 Grammy Awards. His substantial income as a singer, songwriter, producer, entrepreneur, rapper, actor, film producer and television producer has contributed to a net worth of 1 his $.3 billion. Jay-Z co-founded the clothing brand Rocawear, which he started with Damon Dash in 1999. By the following year, the company had reached $50 million in annual sales. At the height of its popularity, it racked up $700 million in annual sales. The company’s rights were sold to Iconix Brand Group for $204 million in 2007.
In 2014, Jay-Z bought a controlling stake in champagne producer Armand de Brignac. After a $56 million transaction in 2015, he became the primary owner of Tidal, a streaming service. In addition, the rapper is also involved in a real estate project in New York including the construction of hotels and apartments. He first signed a deal with Live Nation for $150 million, followed by a $200 million deal in 2017.
Jay-Z and Beyonce bought the eight-bedroom home in 2008 for $8 million. In 2010, he sold it for $9.3 million. In 2017, the couple paid $26 million for a home in the Hamptons. The following year, they paid $88 million for a 30,000-square-foot home in California. They also own a $4 million private island in the Bahamas. In addition to these shared homes, Beyonce also owns a home in New Orleans worth $2.6 million. In 2004, Jay-Z bought an apartment in Manhattan worth $10 million. Reasonable doubt, the rapper’s first album, was released in 1996 and catapulted him to fame. Since then, he has released many albums, including The Blueprint, The Black Album, American Gangster and 4:44.
Besides the huge amount of money he makes from releasing his music, most of his income comes from his concerts, all of which bring in millions of dollars. The rapper became a billionaire in 2019, CelebrityNetWorth writes. As a result, his inflammatory statements in Twitter Spaces chat on August 31 were widely condemned by netizens, who cited countless examples of his capitalist impulsiveness. he.
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Source: vcmp.edu.vn