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Jay-Z tops Forbes hip-hop ’cash kings’ list

 
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jeez
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Hip-hop star Jay-Z’s talent for extending beyond rap to the executive worlds of music, fashion and other businesses has earned him the top spot on Forbes magazine’s "Hip-Hop Cash Kings" list.

Forbes on Thursday said Jay-Z, whose real name is Shawn Carter, raked in $US34 million in 2006, the year he released a comeback album Kingdom Come.

But the boyfriend of pop singer Beyonce earned much of that income as chief executive of New York-based Def Jam Recordings, owner of a sports bar franchise and holder of endorsements deals with Budweiser, Hewlett-Packard and General Motors, Forbes said.

In March, Jay-Z, 36, sold his Rocawear fashion label for $US204 million - a sum that will again place him high up in the music world’s earnings for 2007.

http://www.stuff.co.nz/4168274a1860.html
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