Jay-Z performs onstage at SOMETHING IN THE WATER - Day 2 on April 27, 2019 in Virginia Beach City.
Photo: Brian Ach (Getty Images for Something in the Water)

Big pimpin’, spendin’ cheese—but more more importantly, big pimpin’, makin’ cheese. A billion slices, in fact.

At the end of 2018, Forbes announced Jay-Z as the richest musician. Now, Forbes is officially giving him a label many believed was coming soon: he’s a billionaire. The financial site is “conservatively” giving the rapper a $1 billion fortune, making him the first hip-hop artist to claim such status.

Cue up, “Boss” by the Carters.

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As Forbes explains in it report:

To calculate his net worth, we looked at the artist’s stakes in companies like Armand de Brignac champagne—applying our customary discount to private firms—then added up his income, subtracting a healthy amount to account for a superstar lifestyle. We checked our numbers with a roster of outside experts to ensure these estimates were fair and conservative. Turns out, Jay-Z really is a business, man.

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And Forbes did, in fact, break it down in terms of Jay’s net worth, citing the specific assets. For one, his investment portfolio includes stake in Uber worth an estimated $70 million.

Armand de Brignac
$310 million

Cash & investments
$220 million

D’Ussé
$100 million

Tidal
$100 million

Roc Nation
$75 million

Music catalog
$75 million

Art collection
$70 million

Real estate
$50 million

“Jay is teaching in a lot bigger classroom than I’ll ever teach in,” said (now, fellow) billionaire Warren Buffet, recalling a 2010 meeting with the 49-year-old rapper and businessman. “For a young person growing up, he’s the guy to learn from.”

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Is that where Black Twitter got their divisive “would you take an inordinate amount of cash or would you have dinner with Jay-Z” trending-topic question from?

Anyway, congrats to Mr. Carter. That’s the way the capitalism cookie crumbles.

Hey Jay, can I hold five dollars?