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Jay-Z Other Than The Music
- By Jefferson John Babasa
- Published July 20th, 2009
- Music
- Unrated
Jefferson John Babasa
Jefferson John Babasa is the Senior Copy Writer working with Optimind Web Design and SEO, a web design and seo company in the Philippines. Optimind specializes in building and promoting websites that are designed for conversion.
View all articles by Jefferson John BabasaJay-Z Other Than The Music
One of the most popular hip-hop icon that produced the albums Reasonable Doubt , a critically acclaimed album called The Blueprint, and the album Kingdom Come which
is considered as one of the highest-selling album in a one-week period
is none other than the hip-hop artist Jay-Z. Shawn Corey Carter, better
known for his stage name as Jay-Z, is an American hip hop artist and
later known as the one of the most successful businessmen in the US.
Other than his music, Jay-Z is also known for his business ventures
such as founding one of the most popular recording label called
Roc-A-Fella Records, a clothing line known as <a
href="http://streetzwear.com/product.php?br=12&grp=2">rocawear</a>,
and clubs around the US. Here are some of Jay-Z's most popular business
ventures that lead him to be considered as one of the most financially
successful hip hop artists and entrepreneurs in America.
Roc-A-Fella Records
Jay-Z
co-founded Roc-A-Fella Records with partners Damon Dash and Kareem
"Biggs" Burke. Def Jam purchased a 50% stake in the company in 1997 for
a reported $1.5 million. In late 2004, Jay-Z, Dash and Biggs sold their
remaining interests
in
Roc-A-Fella Records and the Def Jam Recordings by Island Def Jam
chairman L. A. Reid.
Rocawear
In
1999, Jay-Z co-founded the urban clothing brand <a
href="http://streetzwear.com/product.php?br=12&grp=2">rocawear</a>
with Roc-A-Fella Records partners Damon Dash and Kareem "Biggs" Burke.
The rocawear collections mainly include clothing lines and accessories
for men, women and
children. The line was taken over by Jay-Z in early 2006 following a
falling out with co-founder Damon Dash. In March 2007, Jay-Z sold the
rights to the <a
href="http://streetzwear.com/product.php?br=12&grp=2">rocawear</a>
brand to Iconix Brand Group,
for $204 million. Jay-Z will retain his stake in the company and will
continue to oversee the marketing, licensing and product development.3
Entertainment and Lifestyle
Jay-Z
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. Jay-Z is a
part-owner of the New Jersey Nets NBA team paying a reported $4.5
million for his share. He 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 FC, an English football (soccer)
team.

