How Is Jay Z And Beyonce's Daughter Already So Rich?
Blue Ivy Carter is only 8 years old, but she stands to inherit more than a billion dollars one day. She's fortunate to have rich and famous parents. Blue is the daughter of Jay-Z and Beyonce.
Together, Jay and Bey are worth about $1.4 billion. They've made a name for themselves in the music industry. Jay-Z and Beyonce have also launched several extremely profitable businesses. In addition, they are part-owners is several businesses that have made millions of dollars. Blue Ivy has stated that she plans to become a pop star one day.
There's no doubt that having parents who rule the world of entertainment is going to help Blue Ivy access opportunities. Whether or not she becomes a big singing sensation, Blue Ivy always has her inheritance to look forward to. Here's how that $1 billion was generated.
15 $80,000 Doll
What's so special about this doll, and why is it worth so much money? Well, it's diamond-encrusted. It's nice to have rich parents because your birthday gift is likely to be something extravagant. In Blue Ivy's case, her birthday gift made her $80,000 dollars richer. That's definitely one of the most expensive dolls in the world.
14 Clothing Label Rocawear
First, it was Roc-A-Fella records, which became one of hip hop's biggest labels. Then, Jay saw that there was a big demand for merchandise, so he started Rocawear. In 2007, Jay-Z sold the rights to the Rocawear brand to Iconix Brand Group for $204 million. According to Black Enterprise, Jay-Z bought intellectual property for Rocawear back for $15 million.
13 Singing Career
It's not only Jay-Z and Beyonce who have found joy and success behind microphones. It seems that singing talent runs in the family, and Blue Ivy has launched her own singing career. Not only did she drop a single, but she also won a Soul Train Award for a song that she co-wrote with her mom.
12 Fragrance Brand
One of the ventures that most celebrities explore, besides fashion, is fragrances. That's exactly what Beyonce did by launching her collection of perfumes. Some of the fragrances in the collection are Heat, Pulse, and Rise. It was back in 2010 that Beyonce launched Heat, which is her most prominent scent.
11 Art Collection
When Blue Ivy isn't singing, she's bidding at art auctions. When you've got parents with cash, you can make a $25,000 bid on an art piece. Jay-Z wasn't impressed with his daughter's bidding, so he stopped it, according to Vogue. Then, she bid on a piece by Samuel Levi Jones for $13,000. Hers was the winning bid.
10 Signing Big Artists Through Roc-A-Fella Record Company
It was back in 1995 that Jay-Z started Roc-A-Fella Records with Damon Dash and Biggs. The company operated as a division of Def Jam Records and signed popular artists, such as Kanye West, Memphis Bleek, and Jadakiss. Blue Ivy will profit from the 50% ownership that Jay-Z, Dash, and Biggs had, before selling their half share in the label to The Island Def Jam Music Group.
9 Ownership In NBA Team New Jersey Nets
The 'in thing' these days is to own a sports team. Just ask billionaires, such as Mark Cuban, Tilman Fertitta, and Charles Dolan. Since Jay-Z is a billionaire, it makes sense that he owned a share of the New Jersey Nets. He held only one-fifth of a percent before deciding to sell it. Jay-Z bought that ownership for $ 1 million.
8 Ownership In Tidal
There's no doubt that the music industry can be profitable...if you're able to appeal to the masses. Since technology has taken the music industry to the next level, it makes sense that Jay-Z would get involved in Tidal, which is an artist-owned streaming service that is available in over 50 countries.
7 Investor In JetSmarter
If you're going to travel private, then you might as well have shares in the business. Jay-Z received a private jet as a birthday gift from Beyonce, and he realized that there was an increase in demand for private and shared flights. Jay-Z was one of the early investors in the company.
6 Armand de Brignac Owner
Alcohol will never go out of fashion. One of the alcohol brands that Jay-Z got involved with was Ace of Spades premium champagne, which is otherwise known as Armand de Brignac. Having Jay-Z promote it in the clubs definitely helped the brand. Don't be surprised if you pay $850 for one bottle of the limited-edition bubbly. It's even more than that at the most exclusive nightclubs.
5 Ivy Park Clothing Line
Back in 2016, Beyonce collaborated with Sir Phillip Green to introduce the Ivy Park clothing line. The company marketed the line as activewear for women who want to look and feel like they're at the top of their games. To grow the brand, Beyonce teamed up with Adidas and called it Ivy Park x Adidas.
4 Part Ownership In Dusse
It's not just Ace of Spades champagne that Jay-Z got involved with while dabbling in the liquor industry; he also got a share in D'Usse, which is a premium cognac brand. Fortune reported that D'Usse released a limited-edition barrel in honor of Jay-Z's 50th birthday. If you wanted one, you would have had to pay $5,000.
3 Owner Of 40/40 Club In New York
When Jay-Z opens a club, you know that it's going to be special. The 40/40 club is regarded as a sports bar and lounge, and it's owned by Jay-Z and Juan Perez. They borrowed the name from a baseball term given to players who achieve 40 home runs and 40 stolen bases in a season.
2 $11,000 Dress
When stars attend special events, they do it in style. Not only do they show up in some of the best cars, but they also wear extravagant clothing. When Blue Ivy was four years old, she accompanied her mother to the 2016 VMAs. To arrive in style, she wore a dress valued at $11,000.
1 $200 Million Contract With Live Nation Entertainment
One of the ventures that catapulted Jay-Z closer to billionaire status was signing a 10-year deal with Live Nation. It was back in 2017 that Jay-Z did a deal for $200 million with Live Nation, to do tours over a period of 10 years. Jay-Z previously signed a deal with Live Nation (in 2008), which was successful.
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