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Rapper Jay-Z Becomes Hip-Hop's First Billionaire

Jay-Z is officially hip-hop's first billionaire, Forbes declared Monday, founding his kingdom on entertainment but also reaping earnings from liquor, art and real estate. The rapper, who was born Shawn Carter and grew up in one of Brooklyn's most notorious housing projects, "has accumulated a fortune that conservatively totals $1 billion, making him one of only a handful of entertainers to become a billionaire — and the first hip-hop artist to do so," the magazine said...

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