Woodstock 50s Latest Plea Denied Unanimously by Town of Vernon

Woodstock 50s Latest Plea Denied Unanimously by Town of Vernon

Woodstock 50 Organizers Are Optimistic but Vague Before Town Meeting

CREDIT: Frank Micelotta/PictureGroup/REX/Shutterstock

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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Beyonc Releases Music Video for Spirit, Her Lion King Soundtrack Contribution

Beyonc fans are stampeding across the web veldt to get a look at her just-released music video for Spirit, the original song she co-wrote and sang for the Lion King soundtrack. The track is also included on the companion album she executive-produced and will release Friday, The Gift. Clips from the computer-animated film are interspersed […]

UPDATED: The light is quickly fading on Woodstock 50, which in its latest plea to the town of Vernon, New York, was rejected in its effort to secure a permit to hold the three-day concert at Vernon Downs. The Syracuse area venue with a capacity of 35,000 was the most recent proposed site for the […]

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