This Is How Jay-Z Created His $1 Billion Fortune

The rapper becomes the first to do so, beating out Dr. Dre and Diddy who aren’t far behind.

To do the math on Jay’s net worth, Forbes looked at his stakes in companies like Armand de Brignac champagne.

Here’s a breakdown of the value of the empire he’s created:

— $310 million for Armand de Brignac champagne

— $220 mil in cash and investments, including a $70 million stake in Uber

— $100 mil for D’Usse cognac

— $100 mil for Tidal

— $75 mil for Roc Nation

— $75 mil for his music catalog

— $70 mil art collection

— $50 mil in real estate

Congrats, Jay!

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Meek Mill Threatened With Arrest at Cosmo Hotel In Vegas, Claims Its Racism

SANTA MONICA, CA – JUNE 25: Meek Mill attends the 2018 NBA Awards Show at Barker Hangar on June 25, 2018 in Santa Monica, California. (Photo by Allen Berezovsky/Getty Images)

Meek Mill was forced to leave the Cosmopolitan Hotel and Casino in Las Vegas by threat of arrest — and he says the whole situation was racist.

via TMZ:

The Philly rapper and 2 members of his security rolled up to the Cosmo at around 3:30 PM PT Saturday when they were stopped by security. You see in this video … security was not about to let Meek inside the hotel.

Our sources say Meek asked the guard why he couldn’t come in, saying he didn’t do anything untoward in the past — he had only been there once before, with Nicki Minaj for a Jay-Z event 5 years ago.

Security made it clear … if Meek got out of the car, he’d be arrested. Meek, who was there to see a  DJ Mustard show, continued to ask why he was being denied, but the guard said, “I don’t know why.”

Meek’s lawyer, Joe Tacopina, tells TMZ, the head of security made it clear — the decision to ban Meek came from above … the security chief said, “This comes from way higher up than me.”

Tacopina says he spoke with someone whom he says is “a well-placed person inside the hotel” … whom Tacopina says told him a group of hotels have tried to keep rappers out of the hotels. Tacopina claims it’s racially motivated, saying, “They wouldn’t ban Vanilla Ice.”

Meek himself addressed the altercation on social media, writing in part … “Cosmopolitan hotel/casino going to extreme racist levels to keep too many black entertainers and black people …. they said they gone lock me up.”

He added, “Some of these casinos have a bunch of Tatics to keep the level of blacks down …. but love to take our money!!!! This happens to a lot of black entertainers not just me either!!”

According to an update, a demand letter was written by Meek’s lawyer, Joe Tacopina, to the Cosmopolitan.

In the letter, Joe writes,

“… we have learned that the Cosmopolitan maintains a list of African American recording artists who should be denied access for no other reason than than their culture and skin color.  Such course of conduct constitutes discrimination per se, in violation of state and federal law, and exposes you to significant monetary damages. “…we urge you to promptly issue an apology to Mr. Williams and grant him immediate access.  In the event you fail to heed this one and only warning, we intend to puruse all legal recourse against you.”

Im not surprised one bit. Ive heard this for years living here in Vegas

Jay-Z And Meek Mill Launch Criminal Justice Reform Organization , Pledged Millions

Jay-Z and Meek Mill have formed a new organization to tackle criminal justice reform.

via TMZ

The rappers joined forces with the likes of Patriots owner Robert Kraft, 76ers co-owner Michael Rubin, Nets co-owner Clara Wu Tsai, Van Jones and others to launch Reform Alliance Wednesday, which they say will fight to get at least a million people out of jail over the next five years with a focus on probation and parole.

Meek kicked things off by recounting his harrowing story of being jailed for 5 months on a petty probation violation, and says there are countless people caught up in the system who are voiceless … for whom he now wants to speak and fight. 

Beyonce And LeToya Luckett Reunite At OTR II In Texas 

Beyoncé got to see an familiar face at her Texas show on Tuesday night.

During the ‘On the Run II Tour’ stop in Arlington, former Destiny’s Child group member LeToya Luckett-Walker stopped by to show support to Bey & Jay.

LeToya posted a sweet picture to social media on Wednesday

View this post on Instagram

Love. ♥️

A post shared by LeToya Luckett-Walker (@letoyaluckett) on

Beyoncé’s mom, Tina Knowles Lawson, also shared the photo and congratulated Luckett-Walker on her pregnancy.

“Congratulations LeToya you are gonna be the best mommy,” she wrote.

Ja Rule feat. Ashanti – Encore 

Yall cant even front and act like didnt kill it in the early 2000s— So im so happy its 2018 and Ja Rule and Ashanti have reunited for a new track called “Encore.”

Earlier this year, it was confirmed by both Ja and Ashanti that a joint album is in the works.

 “I think we should do one of these joint albums,” Ja said in a tweet after getting inspired from Jay-Z & Beyonce’s Everything is Love album.

While speaking to Entertainment Tonight, Ashanti said that after playing around with the idea for years that they’re finally ready to make it happen.

 “Listen, me and Rule, it’s so funny because we’ve been talking about that for so long, but I think now he’s like, ‘OK, now it’s time to do it’. So we’re going to carve out the time and make it happen,” she said.

Im not if “Encore” is their first official single, but you can listen to the song in full below.

https://clyp.it/stbduvrq

Take Trip Down Memory Lane Below

Their chemistry is and has always been AMAZING. Im here for it 💙💙💙

Chloe x Halle Announced as Beyoncé and Jay-Z’s ‘On the Run II’ Tour Openers

We’re just days away from Beyoncé and Jay-Z kick off their On the Run II Tour, it has been announced that Chloe x Halle along with DJ Khaled will be their opening acts.

“We will be opening for the North American leg of On the Run II. That’s right, the kids are on the run, too,” Chloe said in a video posted to Twitter. “We are so very excited for this family reunion of Parkwood and Roc Nation,” Halle added. “We cannot wait to join the North American leg of this tour; we cannot wait to see your beautiful faces and we’re so thankful to Beyoncé and to Jay-Z, and we just know that this is going to be an epic reunion.”

Watch the Video Below