Wednesday, August 10, 2011

Jay-Z tops the Forbes Hip Hop Cash Kings list again

By The Hip Hop Writer
Hip Hop Vibe Staff Writer

Before Jay-Z, most rappers were content with just being rappers, they were signed to major label deals and had endorsements. It came easily for some, but for Jay-Z, it was a struggle. No record labels would sign him and he failed to land endorsement deals.

Sensing the way things would be, Jay-Z and his team established their own record label and clothing line. The record label was the ever-popular Roc-A-Fella Records and the clothing line, which goes without mentioning, is Rocawear.

Due to the popularity of his music, Jay-Z sold millions of records and the Roc-A-Fella artists also did well. This popularity trickled over into Rocawear. Now, Jay-Z is the head of Roc Nation and owns a minority share of Rocawear.

Recently, Jay-Z teamed up with Pharrell to become one of the models for his Billionaire Boyz clothing line, their partnership was announced last week. The business deals, paired with the artists being managed by his company, Roc Nation, and the residuals from Rocawear have kept Jay-Z on top. Recently, he topped the Forbes list of Hip Hop Cash Kings, earning $37 million over the past year.

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