Jay Z becomes the first billionaire rapper

Jay Z once rapped “I’m not a businessman, I’m a business, man.” Turns out he was right.

The superstar rapper is also a fashion trendsetter, a streaming music mogul, a sports management company owner and Mr. Beyonce Knowles.

All that has helped him to become the first billionaire rapper, according to Forbes.

“Less than a decade later, it’s clear that Jay Z 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,” Forbes’ Zack O’Malley Greenburg writes.

The media company ticked through the various businesses that Jay Z, whose real name is Shawn Carter, either owns or has a stake in, including:

• a $70 million stake in Uber
• his ownership of the streaming service Tidal
• his $70 million art collection
• his ownership of the Roc Nation sports management company
• $50 million in assorted real estate holdings and his music catalog.

And being married to uber-superstar Beyonce, worth an estimated $355 million herself, doesn’t hurt.

Jay-Z, who grew up in a Brooklyn housing project, rose to fame in 1996 with his debut album “Reasonable Doubt.” His sixth album, 2001’s “The Blueprint,” was added to the Library of Congress’ National Recording Registry — reserved for albums that are “culturally, historically, or aesthetically significant” — earlier this year.

He’s also been more involved in political advocacy, campaigning for Hillary Clinton in 2016 and launching a prison reform organization with fellow rapper Meek Mill this year.

Back in 2014, music mogul Dr. Dre claimed he was hip-hop’s first billionaire after he sold Beats Music, the high-end headphones and streaming music service, to Apple.

But it’s estimated that while that blockbuster deal pushed Dre’s net worth to about $1.1 billion, state and local taxes ultimately nudged it to just below the $1 billion-dollar mark.