By Ricki Says
Hip-HopVibe.com Staff Writer
Few businesspeople have a record has unscathed as Jay-Z. Nearly every business venture he has gotten into has been a runaway success, even the often discussed TIDAL. These savvy business moves have him worth $800 million.
As Jay-Z continues to expand his business empire, he has several deals he’s handling, at once. Many of his deals are more marketing and branding, not necessarily ownership. One such deal is with Iconix, the company he sold Rocawear to for $200 million.
Despite the sale, Jay-Z has remained a member of the team, where he’s been since 2007. Recently, the SEC subpoenaed Jay-Z, and people are trying to figure out why. Some have said it might have something to do with Iconix.
Source: The Jasmine Brand
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