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Forbes Magazine named Jay-Z as World's First Billionaire Rapper

Jay-Z has been named the world's first billionaire rapper by the Forbes magazine; that claims the 49-year-old's empire 'conservatively' totals $1billion after valuation of his various ventures, real estate & his art collection. Jay-Z's real name is Shawn Carter is the first hip-hop artist to claim such a fortune. He is one of the billionaire entertainers & his music catalogue is worth about $75 million.