Forbes names Jay-Z the richest musician in America

Jay-Z
Jay - Z is now the richest musician in America , according to an update of Forbes’ s annual ranking of celebrity wealth .
Appearing behind George Lucas , Steven Spielberg , Oprah Winfrey and Michael Jordan , with a net worth of $ 900 m , the hip- hop mogul saw the biggest dollar gains out of anyone else on the list, Yahoo News reports , quoting The Independent.
Thanks to his stakes in various companies , including entertainment giant Roc Nation, his streaming service Tidal, and alcohol companies including Armand de Brignac and D’ Ussé , he has overtaken rapper Diddy , who previously held the title.
Star Wars creator George Lucas , who sold Lucasfilm to Disney in 2012 , has helped boost his own wealth by transitioning the original film trilogy into an empire of merchandise , tie- in games, novels and comic books . Lucas ’ s fortune is estimated to be roughly $ 5 . 4 billion , over a billion dollars more valuable than Spielberg , the closest to him in terms of wealth , so it may be some time before someone surpasses him .
Rolling Stone notes that Jay may struggle to hold onto his crown as the richest musician, as Dr Dre reportedly had an estimated net worth of $ 770 m earlier this year . That figure is likely to have climbed after his exit from Apple earlier this year.
America ’ s Wealthiest Celebrities of 2018
1 . George Lucas (net worth $ 5 . 4 billion )
2 . Steven Spielberg ($ 3 . 7 billion )
3 . Oprah Winfrey ($ 2 . 8 billion )
4 . Michael Jordan ($ 1 . 7 billion )
5 . Tie − Kylie Jenner ( $ 900 million )
5 . Tie − Jay- Z ( $ 900 million )
7 . David Copperfield ( $ 875 million )
8 . Diddy ( $ 825 million )
9 . Tie − Tiger Woods ( $ 800 million )
9 . Tie − James Patterson ( $ 800 million )