{"id":3743594,"date":"2019-06-03T16:36:38","date_gmt":"2019-06-03T20:36:38","guid":{"rendered":"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/?p=3743594"},"modified":"2019-06-07T09:50:36","modified_gmt":"2019-06-07T13:50:36","slug":"how-real-estate-played-a-role-in-jay-z-becoming-hip-hops-first-billionaire","status":"publish","type":"post","link":"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/how-real-estate-played-a-role-in-jay-z-becoming-hip-hops-first-billionaire\/","title":{"rendered":"How Real Estate Played a Role in Jay-Z Becoming Hip-Hop’s First Billionaire"},"content":{"rendered":"

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\u00a0<\/strong>who has now become the world’s first Hip-hop billionaire<\/a> known as Jay-Z<\/strong><\/a>. Recently crowned Hip-Hop’s first billionaire by Forbes<\/em>, 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, Beyonc\u00e9<\/strong><\/a>.<\/p>\n

\"\"
Jay Z, photo courtesy of Shutterstock<\/figcaption><\/figure>\n

Tribeca Penthouse<\/h3>\n

In the early 2000s, before Jay-Z and Beyonc\u00e9 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.<\/p>\n

\"\"
Photo courtesy of realtor.com<\/figcaption><\/figure>\n

Oceanfront Miami Estate on Isle of Billionaires
\n<\/strong><\/h3>\n

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.<\/p>\n

\"\"
Photo courtesy of Pursuitist<\/figcaption><\/figure>\n

Historic Church in New Orleans <\/strong><\/h3>\n

Returning to the south and tying into Beyonc\u00e9’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.<\/p>\n

\"\"
Photo courtesy of Realtor.com<\/figcaption><\/figure>\n

East Hampton Estate<\/h3>\n

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.<\/p>\n

\"\"
Photo courtesy of Realtor.com<\/figcaption><\/figure>\n

Bel-Air Mansion\u00a0<\/strong><\/h3>\n

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.<\/p>\n

\n","protected":false},"excerpt":{"rendered":"

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