The Very Real Story of How Jay-Z Became Worth $2.5 Billion [Yahoo! Finance]
Uber Technologies, Inc. (UBER)
Last uber technologies, inc. earnings: 2/6 04:05 pm
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Source: Yahoo! Finance
Jay-Z is currently worth a whopping $2.5 billion, according to Forbes . Of course with all the reward of billions comes risks, but Hov has seemingly mastered the balance between timing and investments. This is how he did it. Brooklyn Nets In 2003, Jay-Z acquired a minority share — roughly $1 million for a 1/15th stake — when the Nets were still in New Jersey, according to Marca.com . He and Beyoncé were constantly seen at the games for nearly a decade until the Brooklyn rapper parted ways with the Nets to invest otherwise. Roc Nation Jay-Z founded the record label in 2008 and signed its first artist, J. Cole, in 2009. Unlike the previous Roc-A-Fella Records, which he founded with business partners Damon Dash and Kareem “Biggs” Burke, Jay-Z acted as Roc Nation's sole proprietor. Investing in Uber Many might be shocked to know one of Jay-Z's first major investments was in Uber. At the time, the ride sharing app was only three years old and nothing like the multi-billion dol
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UBER
Earnings
- 8/6/24 - Beat
UBER
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- 10/15/24 - Form 4
- 10/15/24 - Form 4
- 9/27/24 - Form 8-K
- UBER's page on the SEC website