JAY-Z has once again extended his lead as the richest rapper alive after his net worth surpasses a staggering $2 billion.
Hov was named the 1,203rd wealthiest person on the planet on Friday, March 24 after Forbes provided a real-time update of his net worth.
If Forbes’ $2.5 billion estimate is 100% accurate, JAY-Z’s net worth would have almost doubled since last year when his net worth reportedly stood at $1.4 billion.
The publication has yet to detail the reason behind the sudden and huge increase, but it’s most likely due to the recent lucrative sale of the rap mogul’s controlling stake in his D’USSÉ cognac brand.