American rapper and entrepreneur Sean Carter, widely recognized as Jay-Z, has been confirmed as the richest musician in the world.
Forbes estimates his fortune at $2.5 billion, placing him at the top of the global music wealth ranking.
The Roc Nation boss built his empire through diverse ventures, including ownership stakes in the luxury champagne brand Armand de Brignac (popularly called Ace of Spades) and the cognac label D’Ussé. He also secured major financial returns from selling his shares in the music streaming service Tidal and the fashion line Rocawear.
In addition to his entertainment-related businesses, Jay-Z has invested heavily in real estate, hospitality, tech, and startups, broadening the scope of his wealth.
On the other hand, American pop icon Taylor Swift continues to lead as the world’s richest female musician with an estimated net worth of $1.6 billion. Forbes highlights that she is the first artist to achieve billionaire status purely through music sales and touring.