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The Economic Times

Shreya Biswas

In 2013, Jay-Z invested about $2 million in Uber; 6 years later, his stake was estimated to be worth around $70 million

Jay Uber JayZ Shawn Carter Gloria Carter Travis Kalanick

JAY-Z, Grammy award-winning rapper, has risen to prominence through his career in hip-hop music, but his fame grew further to include business, entertainment, and charity works. One such investment is his supposed ownership of a stake in Uber.

According to a Forbes report, Empire State of Mind rapper acquired a stake in Uber for $2 million in 2013. The stake was valued at approximately $70 million in 2019. The $70 million was an estimated value of the stake at the time, rather than money JAY-Z was reported to have made from selling it.

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