Jay-Z's Roc Nation joins Blackstone in takeover of $500 million collectibles company (2024)

FAQs

Jay-Z's Roc Nation joins Blackstone in takeover of $500 million collectibles company? ›

Blackstone is acquiring the Certified Collectibles Group in a transaction valuing the company at more than $500 million. Jay-Z's Roc Nation is also an investor in the transaction. CCG offers authentication services for collectibles items including comic books, stamps, and trading cards.

While Jay Z's ownership status with the Brooklyn Nets has evolved over the years, his impact on the team's rebranding, the development of the Barclays Center, and his ongoing influence through Roc Nation has left an enduring legacy.

Our client list includes some of the world's most recognizable names: from Rihanna, Shakira, J. Cole, and Big Sean to Endrick, LaMelo Ball, and Robinson Cano.

Because Queen - While Bey was managed by Roc Nation for a very short period of time, she's never been officially signed to the Roc roster very long. But that doesn't stop her from repping her beau's clan.

In 2008, Roc Nation was founded by Jay-Z with the intent of signing pop and hip hop artists, succeeding his previous label, Roc-A-Fella Records. Unlike Roc-A-Fella, Jay-Z served as the company's sole proprietor. In February 2009, Roc Nation signed its first artist, rapper J. Cole.

Jay-Z invested in Uber in 2013 for $2 million. The ride-sharing app company is now worth nearly $60 billion, according to Forbes. Jay's stake in the company is now valued at around $70 million.

While Beyonce is worth $800 million, Forbes reported in March 2023 that Jay-Z is worth $2.5 billion (thanks in part to those Tidal/champs sales!).

In May 2014, Rihanna left Def Jam Recordings to sign fully with Roc Nation, the record label that had managed her career since October 2010. A year after Rihanna began working on her eighth studio album, the single "FourFiveSeconds" was released, which featured Rihanna paired up with Kanye West and Paul McCartney.

According to Forbes, Jay-Z purchased a $2 million stake in Uber, the ride-sharing app, in 2013. The company is now worth nearly $60 billion.

Roc Nation Sports was founded by Shawn "JAY-Z" Carter in Spring 2013 in partnership with Creative Artists Agency, a prominent talent agency based in Los Angeles.

Is Rihanna still signed to ROC? ›

From a captivating personality to iconic fashion endeavors, Rihanna has effortlessly showcased her versatility and star power on and off stage. Although she has been off the music scene for a while, this iconic beauty is definitely still rocking with Roc Nation.

Eric Carter

Jay-Z / Brother

Liquor Brands

Jay-Z bought premium champagne brand, Armand de Brignac in 2014. In 2021, luxury conglomerate LVMH bought a 50% stake in the brand. 7 The brand's Ace of Spades champagne sells for $300 a bottle. The rapper still owns the remaining 50% of the brand.

How is Jay-Z worth $2.5 billion? Jigga Man's net worth isn't just due to stellar record sales, but largely due to savvy business dealings. His ownership stakes through the years in everything from the Barclays Center to Roc Nation, Roc Nation Sports and Armand de Brignac have made him a very, very rich man.

Jay-Z adopted his stage name as a nod to both his childhood nickname, "Jazzy," and an acknowledgment of his mentor, Jaz-O.

Jay-Z is already an owner of a professional sports team, being part-owner of NBA team, the Brooklyn Nets. However, his journey to own an NFL team will be a tough assignment as multiple sources are saying that Amazon founder Jeff Bezos is one who is interested in purchasing the Broncos.

Beyoncé's plans of owning a professional sports team have been put on hold, as the award-winning singer has reportedly lost her bid to buy the Houston Rockets.

Soon after JAY-Z's purchase of stake in the Nets, Nelly joined the rapper-turned-NBA-owner trend himself, becoming a part-owner of the Charlotte Bobcats in 2004.