- LIFESTYLE-
Jay-Z Jay Z is arguably the most famous and legendary rapper alive today, but his prowess in the business world is equally impressive. He’ s always had money on his mind, and after he founded his own label, he built it up and sold it to Def Jam for $ 10 million. He founded his own clothing line, Rocawear, in 1999, which sold eight years later for the modest sum of $ 204 million. He started the iconic 40 / 40 club in New York, and even owned part of the New Jersey
( now Brooklyn) Nets. He had to sell out of that, though— for what Forbes estimates was a 135 % gain— because he founded his own sports agency, Roc Nation Sports. In 2015, Jay Z bought the music streaming service that is now TIDAL for $ 56 million in cash. That service is currently making a major push to compete against Spotify, and in February his wife Beyonce and his buddy Kanye both released exclusive music on the service that only subscribers can access.
Nas Rapper Nas has invested in dozens of startups, including cloud storage company Dropbox and ride-hailing app Lyft, as well as
Bitcoin services provider Coinbase, text annotation website
Rap Genius( now called Genius), and the online art community DeviantArt. He and his manager Aymen Anthony Saleh reportedly have pledged to dedicate more than half of their entire portfolio to startups. Nas has differentiated himself from other celebrity investors in part by frequently teaming up with Ben Horowitz, an established Silicon Valley venture capitalist. The two investors met while participating on a Rap Genius funding round, and Horowitz has been an adviser to Nas and Saleh ever since.
Wikipedia
Wikimedia Commons
Jared Leto
Until recently, Golden Globe Award winner Leto had been one of the lower-profile celebrity investors. But the actor already has made more than 40 investments in companies like Blue Bottle Coffee, Reddit. com, HR software company Zenefits, and video streaming app Meerkat. Leto has said that his best investment, both creatively and financially, was in Internet of Things company Nest Labs, which Google acquired for $ 3.2 billion in 2014.
Wikipedia
SELECT LIVING- 41-