They welcomed their first child, Blue Ivy, on January 8th 2012.
![]() Jay Z Hits Cracked The CombinedThey first cracked the combined billion dollar fortune mark in July 2014. He makes investments through Marcy Venture Partners which is named after the housing project where Jay grew up. Marcy Ventures raised 85 million in investment capital in 2019. Jay-Z Wealth Milestones Year Net Worth 2009 300,000,000 2012 475,000,000 2013 500,000,000 2015 600,000,000 2017 700,000,000 2019 930,000,000 2020 1,000,000,000 We first added Jay to Celebrity Net Worth back in September 2009 with a net worth of 300 million. Between 2015 and 2019 his net worth sky rocketed thanks to the various business ventures we detail below. In June 2019 Jays net worth officially crossed into billionaire status. Early Life Jay-Z was born Shawn Carter in Brooklyn, New York in December 1969. He was one of four children, and his mother raised the family alone after his father chose to leave them all and disappear. Jay grew up in the Marcy Houses, and moved from school to school. The Marcy Houses were so notoriously dangerous that soon after Jay graduated from the high school, the entire neighborhood had to be shut down. At one high school, Jays classmates included two young men who would go on to become The Notorious B.I.G. Busta Rhymes. Jay eventually ended up at Trenton Central High School in Trenton, New Jersey, but never actually graduated. ![]() Shawn Carter was always interested in music, regularly waking the rest of the family at night, as he would beat out drum patterns on the kitchen table. His mother gave him a boom box for his birthday, and he immediately began writing lyrics and freestyling. His entire focus shifted, and by the late 80s, Jay began to make a name for himself around the neighborhood. In 1995 he co-founded the record company Roc-A-Fella Records with Damon Dash and Kareem Biggs. Through a series of transactions, Roc-A-Fella ultimately ended up under the umbrella of Russell Simmons Def Jam Records. Under the original deal Damon negotiated, Jay owns all of his master recordings, an unprecedented act for a new artist that has proven extremely lucrative over the years. His first album Reasonable Doubt sold 1.5 million copies in its first year. As of this writing, Jay-Z has sold more than 100 million albums worldwide. Marriage to Beyonce In 2002, Jay-Z worked with Beyonce in the song, 03-Bonnie Clyde, as well as her hit single, Crazy in Love, and Thats How You Like it. At some point they began dating and in 2008, Beyonce and Jay-Z were married.
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