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-   -   Jay-Z is worth $580M?! (https://gfy.com/showthread.php?t=826307)

Vegas Ken 05-05-2008 08:13 AM

he has become a marketing machine!

Socks 05-05-2008 08:13 AM

Quote:

Originally Posted by Mike33 (Post 14149750)
Hip-hop is big business.

Net worth:

Jay-Z: $580 million
P. Diddy: $358 million
Russel Simmons: $340 million
50 Cent: $200 million

http://panachereport.com/channels/co...s/jennifer.htm

Didn't 50 cash out in that vitamin water biz when coke bought it to the tune of like $400mil?

xentech 05-05-2008 08:15 AM

Quote:

Originally Posted by Socks (Post 14150862)
Didn't 50 cash out in that vitamin water biz when coke bought it to the tune of like $400mil?

Apparently hes just rumored to have had the share, its not officially known.

tranza 05-05-2008 08:17 AM

I bet that if you ad it with Beyonce money, they reach $1bi!

Doctor Dre 05-05-2008 08:23 AM

Quote:

Originally Posted by xentech (Post 14150856)
Biggest clothing company in the world, are you on crack? :pimp:pimp

Friend sent me a link a couple years ago about it what it used to retail.

Sales are down and it still say that on the website :
Today, Rocawear is a dominant lifestyle apparel brand for a wide range of customers, with annual retail sales over $700 million.

xentech 05-05-2008 08:32 AM

Quote:

Originally Posted by Doctor Dre (Post 14150893)
Friend sent me a link a couple years ago about it what it used to retail.

Sales are down and it still say that on the website :
Today, Rocawear is a dominant lifestyle apparel brand for a wide range of customers, with annual retail sales over $700 million.


Wow, I guess I can't see the scope of things living in the UK, nobody wears Rocawear here but I wouldn't of thought it would be that big :error

Jens Van Assterdam 05-05-2008 08:34 AM

i will sue jay-z soon.. just need to find some stupid reason and then ill cash in :)

kowalsky 05-05-2008 09:22 AM

It´s amazing the amount of money generated by such crappy style like Hip Hop is...

Libertine 05-05-2008 09:27 AM

Quote:

Originally Posted by Doctor Dre (Post 14149687)
As far as Rocawear goes, it was the biggesta year or two ago, not sure about now, trends go fast. He sold his shares for over 200 millions.

Most definitely not the biggest clothing company in the world.

VF Corporation, which owns such brands as Wrangler, Lee, etc., has annual sales exceeding 5 billion USD.

Andy Servers4Less 05-05-2008 09:28 AM

I heard 50 Cent was at about $200 million.

beks001 05-05-2008 09:30 AM

Must be nice.....fuck....

bronco67 05-05-2008 09:42 AM

Quote:

Originally Posted by banthis (Post 14148873)
That is ridiculous.. I figured he was worth a lot bot $580M is INSANE!

..just though id share my amazement

If I had that kind of money, it'd be hard to not use it for pure evil purposes.

Beyonce? Fuck beyonce. I'd have 10 girls that look better than Beyonce sucking every part of my body every night. Then, after the oil wrestling sex party, I'd get all the girls to make me a fucking sandwich, and then I'd eat it out of the butt crack of the one with the deepest cheeks while I smoke a cigar and sip Cognac from a giant mound of tit cleavage.

InsaneMidget 05-05-2008 09:43 AM

50 cent - $440 Million

Doctor Dre 05-05-2008 09:49 AM

Quote:

Originally Posted by Libertine (Post 14151175)
Most definitely not the biggest clothing company in the world.

VF Corporation, which owns such brands as Wrangler, Lee, etc., has annual sales exceeding 5 billion USD.

My bad then... I probably mis interpreted the article.

Either way, 1 bill in sales a couple years ago isn't bad

DBS.US 05-05-2008 09:56 AM

Just because somebody in he marketing team said it, does not make it true.

payd2purv 05-05-2008 10:29 AM

Those numbers are disappointing.

For what JayZ is and does he is only worth half a bill. :Oh crap

But at least it puts things into perspective.

Edit: and yah like the dude above me said we have no clue of their worth.. any worth we hear about is leaked and could be bullshit.. could be less.. etc..

Fap 05-06-2008 12:17 AM

Quote:

Originally Posted by InsaneMidget (Post 14151267)
50 cent - $440 Million

damn.. i didnt see that coming!

anywho..

Quote:

*Annually, our staff does research to compile information for the "Richest People In Hip-Hop List." This year, there wasn't a significant change in income from last year's list with the exception of the top three. Therefore, we present to you, "The Three Richest Men In Hip-Hop for 2007."

With a power move that would make Bill Gates blush, rap mogul Jay-Z has returned to the number one spot for 2007 after losing the number one spot to P. Diddy in 2006.

Jay-Z reclaimed his spot with the sale of Roc-A-Wear to the "Iconix Brand Group," in March of 2007 which netted him $204 million, before taxes. Jay-Z will retain his stake in the company and will continue to oversee the marketing, licensing and product development. Jigga will also receive an additional $35 million dollars in "Iconix" stock if the Roc-A-Wear brand meets certain performance requirements over the next 3-5 years.

Jay-Z also co-owns The 40/40 Club, an upscale sports bar that started in New York City and has since expanded to Atlantic City, NJ. Future plans will see 40/40 Clubs in Los Angeles, Las Vegas and Singapore. Roc-A-Fella also distributes Armadale, a Scottish vodka, in the U.S. He is also the president of Def Jam Records in New York.

On October 16, 2006, Jay-Z's commercial spot with Anheuser-Busch aired, featuring his single "Show Me What You Got." Jay-Z will serve as co-brand director for Budweiser Select while collaborating with the company on strategic marketing programs and creative ad development. He will be providing direction on brand programs and ads that appear on TV, radio, print, and high-profile events.

Jay-Z is a part-owner of the New Jersey Nets NBA team paying a reported $4.5 Million. Jay-Z is also interested in relocating the team to Brooklyn.

In October 2005, he was reported in English media as considering buying a stake of Arsenal F.C., an English football team. However, at this point, this is still speculation.

FINANCIAL BREAKDOWN:

Jay-Z's wealth for 2007 is based on the following: The Rocawear sale (after corporate lawyer fees and taxes applied) is in the $150-$160 million range, his Def Jam salary ($3 million) his endorsement deals ($9 million) his publishing rights ($10 million annually) his annual income from his 40/40 clubs is ($5 million), his income from Armadelle Vodka nets him $13 million yearly, his royalties from "Kingdom Come,' netted him $2 million due to a high royalty rate (despite sluggish sales due to downloading ) and his consultant salary with Anheuser-Busch along with his NBA investment nets him a combined total of $5 million-and his $340 million carried over from 2006 brings the grand total to staggering: $547 million dollars. Highest dollar amount (Rocawear) calculated for overall total.

VicD 05-06-2008 05:34 AM

who cares...

Fap 05-06-2008 04:48 PM

Quote:

Originally Posted by VicD (Post 14154648)
who cares...

impressive is all

payd2purv 05-06-2008 05:33 PM

Edit: Nm Sorry. Got Excited.

sudden 05-06-2008 05:38 PM

Quote:

Originally Posted by Doctor Dre (Post 14150893)
Friend sent me a link a couple years ago about it what it used to retail.

Sales are down and it still say that on the website :
Today, Rocawear is a dominant lifestyle apparel brand for a wide range of customers, with annual retail sales over $700 million.

Nike: in excess of $15 billion in 2007
Levis: in excess of $4 billion in 2007
H&M: in excess of $15 billion in 2007
Ralph Lauren: in excess of $4 billion in 2007
Louis Vitton: in excess of $20 billion in 2007
Gucci: in excess of $3 billion in 2007
Zara: in excess of $8 billion in 2007

To say that Rocawear ever was the largest clothing brand is absolutely moronic.

Dime Piece 05-06-2008 07:07 PM

Thats a hell of an amount, mofuckaz

Theo 05-06-2008 07:24 PM

Zara does 6.2bil usd in annual sales with a single brand

Theo 05-06-2008 07:25 PM

"Louis Vitton: in excess of $20 billion in 2007"


jesus

Barefootsies 05-06-2008 07:52 PM

Quote:

Originally Posted by notoldschool (Post 14148959)
Hes had quite a few hit records over the past decade, not to mention being a CEO of a major label. Not surprising at all.

:2 cents:


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