The man owns his master's, owns a label, a streaming service, invested in high class spirits and other services, signed a deal with Live Nation in 2017 for $200M, etc... And THEN his wife is Beyonce. This shyt can't be THAT hard to believe, can it?
Do y'all have any actual objections or is it just how gullible "black people" are?
Let y’all tell it, labels are losing money. So how does it suddenly become a winning business just b/c Jay Z is involved?
Jay Z has investments...the most recent/notable being Uber. But to continue with this example, Uber is still heavily in the red & lost $1 billion over their profits. I’m truly interested in seeing which businesses go under in the next 10 years.
The streaming service has a history of over reporting streams so the actual valuation is likely fraudulent as well.
Jay Z is part owner of two spirits brand. You would be a fool to think that he is the majority owner, especially with a brand like Bacardi involved. Hopefully his ownership % is larger than that BK Nets %.
The Live Nation deal looks like a glorified loan. Let Jay Z’s touring not sell...he will be in debt to LN real quick, which is probably why he had to tag his wife along for the last tour.
Jay bought two multi million dollar houses at the top of the market (we’re going into a recession), so from a real estate POV, I don’t trust his judgement.
You can believe whatever you choose. It just looks like smoke & mirrors to me.