He is one of the most financially successful hip-hop artists and businessmen in America. In June , it was reported that Jay-Z had become the first billionaire rapper. Jay-Z had a really rough adolescence. At the age of 11 his father left the family, so he was raised by his mother, Gloria Carter. Like he said in a lot of his autobiographical songs, Jay-Z was involved with a lot of drug deals and gun violence. Jay-Z started to rap at a very young age.
Jay-Z has 14 No. His business ventures include a successful apparel line he sold in , entertainment company Roc Nation, and sports management agency Roc Nation Sports. He owns or has owned stakes in several other businesses. These include nightclubs and champagne brand Armand de Brignac, nicknamed "Ace of Spades," and music-streaming service, Tidal.
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Shawn Corey Carter born December 4, , better known by his stage name Jay-Z stylized as JAY-Z , [a] is an American rapper, songwriter, record executive, entrepreneur, businessman, and record producer. Born and raised in New York City , Jay-Z first began his musical career after founding the record label Roc-A-Fella Records in , and subsequently released his debut studio album Reasonable Doubt in The album was released to widespread critical success, and solidified his standing in the music industry. He has gone on to release twelve additional albums, including the acclaimed albums, The Blueprint , The Black Album , American Gangster , and Outside of his musical career, Jay-Z has also attained significant success and media attention for his career as a businessman. Both businesses have grown to become multi-million-dollar corporations, and allowed Jay-Z to fund the start-up for the entertainment company Roc Nation , which was founded in In , he acquired the tech company Aspiro and took charge of their media streaming service Tidal. Jay-Z is one of the world's best-selling music artists , with over 50 million albums and 75 million singles sold worldwide.
His firsthand experience with illicit drug dealing would inform his lyrics when he began rapping under the stage name Jazzy, soon shortened to Jay-Z a name that may also have been derived from the proximity of the J and Z subway lines to the Marcy Projects. Jay-Z and two friends founded their own company, Roc-A-Fella Records, to release his debut album, Reasonable Doubt , which eventually sold more than a million copies in the United States. A string of successful albums followed at a rate of at least one per year through Ahead of the release of The Black Album , however, Jay-Z announced his retirement as a performer.