Saturday, March 27, 2010
JAY-Z FROM POVERTY TO POWER
Making It With Music - Jay-Z
Another music mogul that made his way from the bottom to the top is Shawn "Jay-Z" Carter. Carter is as much a businessman as he is a performer, but began his life in the Brooklyn's Marcy Housing Projects. Carter was raised by his mother, and was involved in crime when growing up - at 12 he shot his brother in the arm for stealing his jewelry.
Carter began as a rapper and went on to become involved in everything from nightclubs and clothing to being a part owner of the New Jersey Nets. As of 2009, Carter was worth over $150 million according to Forbes, and seems to be broadening his reach in the business world.
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