Jay Z’s 15 Best Business Hustles
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In one swift movement in 2004, Jay Z, Damon Dash and Kareem “Biggs” Burke sold their remaining 50% stake in Rocafella Records to Def Jam for $10 million. As part of the deal, Jay became the president of Def Jam, retained his master recordings, and reportedly netted a salary of Def Jam of no less than eight figures.
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