The world has been listening to his hits for over two decades with chart-topping songs such as “Empire State of Mind” “Holy Grail” “Can’t Knock The Hustle” “Izzo” “Otis” and “4:44” revolutionizing the music industry with raw lyrics that center around the experience of Shawn Corey Carter who has now become the world’s first Hip-hop billionaire known as Jay-Z. Recently crowned Hip-Hop’s first billionaire by Forbes, the rapper has accumulated a fortune that totals over $1 billion with different business ventures through the liquor, art, music and real estate industries. The rapper’s real estate portfolio amasses over $50 million in value, playing a key role in his business ventures and investments. Here, we’re taking a look at Jay-Z’s impressive real estate portfolio he’s acquired and sold over the years alongside wife and music icon, Beyoncé.
In the early 2000s, before Jay-Z and Beyoncé became one of Hollywood’s most iconic and impactful couples, the rapper purchased a $6.86 million penthouse on the 7th floor of 195 Hudson Street. The apartment features over 8,000 square feet of an open floor plan with an additional 3,000 square feet of a rooftop terrace. Fun fact: the couple held their intimate wedding ceremony here.
Oceanfront Miami Estate on Isle of Billionaires
After getting married, the couple sold Jay-Z’s Tribeca penthouse and relocate to the Magic City with a jaw-dropping oceanfront property on Miami’s Isle of Billionaires — an exclusive island in Miami’s Biscayne Bay. The couple lived here for two years before parting ways and selling the home in 2010 for $9.3 million.
Historic Church in New Orleans
Returning to the south and tying into Beyoncé’s southern roots, the couple purchased a historic church in the Garden District of New Orleans. The property was purchased by the couple for $2.6 million in 2015.
East Hampton Estate
The Carters first started out renting properties throughout the exclusive area but became owners of a gorgeous East Hampton property priced at $26 million. The property boasts over 17-acres of nature preserves and was designed by famed architect Stanford White.
The couple purchased an $88 million mansion in Los Angeles’ ultra-exclusive famed Bel-Air neighborhood. The property was the most expensive sale of 2017 in Los Angeles County, featuring 8 bedrooms, multiple pools, a basketball court and separate quarters for the staff.