Jay Z once said he’s not a businessman; he’s a business, man. As it turns out, his wife is a business too. Forbes calculated Hov and Beyonce’s combined fortune and found that the two are worth $1.16 billion. Yes, billion with a “B.”
The news comes just a week after Jay Z was featured in another edition of the Forbes Five list of the wealthiest Hip Hop artists. The financial outlet estimated Jay Z’s net worth to be $810 million. He surpassed Dr. Dre on the list for the first time since 2014 but fell short of the top spot to Diddy. Puff Daddy’s reign continued with a net worth of $820 million.
While Jay Z might be bringing in the big bucks, Beyonce is no slouch herself. The multi-Grammy Award winner has a personal fortune of $350 million. She’s also using her wealth for good causes, such as setting up the “Formation” scholarships for young women who are studying creative arts, music, literature or African-American studies at select colleges. In addition, Jay Z’s Shawn Carter Foundation, a nonprofit organization he created with his mother, recently partnered with eBay for Charity to help underprivileged youth attend college, according to Billboard.
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The charitable endeavors likely won’t stop, seeing Jigga has plenty of new capital coming in to work with. He just inked a 10-year deal with Live Nation that is worth $200 million. His streaming service TIDAL also received an influx of cash after Sprint purchased 33 percent stake in the company in January.
