World's richest musician Jay Z may lose a lot of money if he is convicted in the sexual assault case; here's how his businesses stack up
Jay-Z entered the music industry and used a few business ventures to build his billion-dollar empire.
Forbes estimates that the Renegade rapper, whose real name is Shawn Carter, will be worth $2.5 billion by 2024, making him the first billionaire in hip-hop, as quoted in a report by Fox News.
It's unclear if the claims that Jay-Z raped a child with Sean Diddy Combs following the 2000 MTV VMAs will have an impact on any of his multiple lucrative endeavours, which include collaborations with the NFL, a music streaming service, and an international entertainment agency.
Jane Doe, the accuser of sexual assault against Jay-Z and Combs, appeared on NBC News on Friday and acknowledged that she had made some mistakes in her account of allegedly being sexually assaulted by two rap moguls 24 years prior. But according to the Alabama woman, the charges she has levelled against the two men are accurate.
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