The music industry is overflowing with cash. Some of the top musical icons globally are billionaires, including stars like Taylor Swift, Rihanna, and Bruce Springsteen, each with fortunes exceeding $1 billion. However, none of them can top the wealthiest musician in the world. That title belongs to a rapper who has sold more than 140 million records throughout his career and has a staggering net worth of $2.5 billion.

The wealthiest musician in the world

Rapper, producer, and entrepreneur Jay Z has been named the wealthiest musician globally, as per the Forbes Billionaire List for 2025. The latest rankings, published by Forbes earlier this week, value the American artist's fortune at an impressive $2.5 billion. This amount is more than twice the net worth of icons like Bruce Springsteen and three times that of Madonna and Dr. Dre. Following closely behind Jay Z are Taylor Swift with $1.6 billion and Rihanna at $1.4 billion.

The amazing journey of Jay Z in the music industry

Shawn Corey Carter, better known as Jay Z, kicked off his career as a teenager in the late '80s. By the early '90s, he had hit the big time and co-founded his own record label, which launched his first two albums. Since then, Jay Z has balanced his roles as both an artist and a record executive, which has also allowed him to produce for other musicians. All 11 of his most recent albums have debuted at number one on the Billboard 200, and he has sold a staggering 140 million records. Even if he had only focused on his music career, Jay Z would still be incredibly wealthy. However, at 55, he has expanded his wealth through various business ventures, including a clothing line, a chain of upscale bars, and a tech company that runs a streaming service. This savvy business acumen helped him become hip-hop's first billionaire in 2019.

In 2008, Jay Z tied the knot with pop icon Beyonce, who is also among the wealthiest and most successful musicians ever. With a net worth of $760 million, Beyonce ranks as the 7th richest musician globally.

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