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Jay-Z is the first hip-hop artist to become a billionaire, according to the new cover story inForbes.

The article opens by recalling a 2010 meeting between the rapper and billionaire Warren Buffet, from which the octogenarian came away impressed. Jay is teaching in a lot bigger classroom than Ill ever teach in, he said. For a young person growing up, hes the guy to learn from.

Less than 10 years later, the magazine surveys Shawn Carters empire which spans music, a streaming service, liquor, art real estate and stakes in other companies and determines that it conservatively totals $1 billion. It also notes that he built his own brands: the Rocawear clothing line (sold for $204 million in 2007); DUss, a cognac he co-owns with Bacardi; Tidal, the music-streaming service; and his multifaceted Roc Nation music and sports empire. (Read the full reporthere.)

The artists primary holdings follow, which Forbes calculated by looking at the artists stakes in companies like Armand de Brignac champagne applying our customary discount to private firms then added up his income, subtracting a healthy amount to account for a superstar lifestyle, which were then vetted by a roster of outside experts.

Cash & investments, including a stake in Uber worth an estimated $70 million

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