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The Digest:

According to Forbes, Jay-Z has been named the world’s richest musician with a net worth of $2.5 billion. The rap legend's journey from an artist to a business magnate is a testament to his success, perfectly encapsulated by the slogan Melody to Mogul.

Key Points:
  • Forbes named Jay-Z the world's richest musician.
  • His net worth is estimated at $2.5 billion.
  • His fortune is from diverse investments and businesses.
  • His portfolio includes Roc Nation, Ace of Spades, and D’Ussé.
  • He also invested in real estate, tech, and other ventures.
  • The report highlights his sale of Rocawear and Tidal.
  • Taylor Swift is named the richest female musician with $1.6bn.
Jay-Z's transformation highlights how modern artists build lasting wealth. His story contrasts with Taylor Swift's, whose billions came solely from music, showing diverse paths to financial success.

Sources: Forbes