America's Seven Black Billionaires

Can You Guess How Many Billionaires There Are In The United States?

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Celebrities At The Los Angeles Clippers Game

Source: Allen Berezovsky / Getty

The Carter Administration: Jay-Z, $1 Billion

Born Shawn Corey Carter in New York City, the artist better known as Jay-Z comes in at #6 on the Black Billionaires list. Starting out with founding the insanely successful Roc-A-Fella records (where we already mentioned Kanye got his start), Jay-Z debuted with the chart-busting album Reasonable Doubt in 1996 and has been churning out hit records ever since. Raised in Brooklyn’s Marcy Projects, he turned himself around from an early life of crime to a bonafide businessman with a collection of successful ventures, including the Tidal streaming service, various fashion lines, a sports bar, and even a cognac brand. Not only that, he spent ten years with the NBA as part-owner of the Brooklyn Nets. He also gives back to the community with his social justice foundation, Team Roc, which in 2020, took a stand against police violence in Milwaukee.

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