Nigeria, Aug. 23 -- American rapper and entrepreneur Shawn "Jay-Z" Carter has been named the world's richest musician, with an estimated fortune of $2.6 billion, according to the latest Forbes ranking released this week.



The 55-year-old artist has not released a solo album since 4:44 in 2017, but his wealth has continued to grow through business ventures and strategic investments. He has won 25 Grammy Awards, sold over 140 million records, and owns his entire music catalogue.



Jay-Z's wealth is primarily built on business rather than music sales.



In 2021, luxury group LVMH purchased a 50% stake in his champagne brand Armand de Brignac (Ace of Spades).

In 2023, he sold a majority of his cognac brand D'Usse to Bacardi for hundre...