It’s no secret that Jay-Z is without doubt one of the most profitable musicians and entrepreneurs on the planet. With extremely publicized marriage to Beyoncé and a internet price of over $1 billion, no one can deny that the boy from Marcy Projects in Brooklyn made one thing out of himself. Many of us can solely dream to achieve the extent of success that he’s reached.
Yet, regardless of how far he’s come, hood tales of his hustler previous proceed to return ahead, even to this present day. Countless producers, artists, and trade executives have informed tales about Jay-Z’s earlier days as a rapper when he was transitioning from a street-smart gangster to a refined businessman. One of his childhood pals, Memphis Bleek, continued the development by telling a loopy story about how Jay-Z stored a nightstand full of money in his bed room always.
Jay-Z got here from humble beginnings in Brooklyn’s Marcy Projects
Jay-Z has by no means been shy about the place he comes from. Throughout his profession, he’s by no means hesitated to shout out his hometown of Bedstuy, Brooklyn. However, the Bedstuy of today is much totally different from the neighborhood Jay-Z grew up in. He was raised in Bedstuy’s notorious Marcy Projects, which was one among New York’s most harmful neighborhoods on the time. Drug dealing and violence had been rampant, and kids died every single day, Jay-Z informed NPR.
“Suddenly it would turn just violent and there would be shootings at 12 in the afternoon on any given day. It was a weird mix of emotions,” he mentioned. “One day, your best friend could be killed. The day before, you could be celebrating him getting a brand-new bike.”
The harsh surroundings Jay-Z grew up in compelled him to mature at a younger age, and he rapidly turned to road life. After dropping out of highschool he rose within the ranks as a drug vendor however sought to alter his way of life and started to take rapping extra critically. In the mid-90s, after narrowly escaping an indictment, he partnered up with Damon Dash and Kareem “Biggs” Burke to launch Roc-A-Fella Records, and the remaining is historical past.
Jay-Z was rich lengthy earlier than he discovered success as a rapper
Although Jay-Z is at present price greater than $1 billion, he apparently has all the time had a knack for getting cash (whether or not it was carried out legally or not). Jay-Z has ceaselessly referenced his drug-dealing previous on quite a few information, in addition to the massive sums of cash he was in a position to accumulate at a younger age as a result of his illicit actions.
In the 90s, Jay-Z nonetheless had one foot within the streets as he was attempting to transition into the music business. During this time, he hung his hat in his notorious “stash spot” at 560 State Street, a duplex that’s now positioned throughout from the Barclays Center, based on Zillow. Jay-Z has referenced this condominium in a number of information, most notably his chart-topping hit single, “Empire State of Mind.” Apparently, at this level in his life, he nonetheless had an infinite amount of money readily available.
Jay-Z stored stacks of money at in his nightstand drawer at 560 State Street
According to his childhood friend and protege Memphis Bleek, Jay-Z was a millionaire earlier than his recording profession ever took off. In an interview with Drink Champs, Bleak defined how he found Jay-Z was rolling in dough that no one knew about.
One day, Bleak was on the condominium whereas Jay-Z was out of city, and requested the rapper if he might get $100 as a result of he was working low on cash. Jay-Z obliged, however informed him to “only take $100”. Bleak goes as much as Jay’s bed room and opens the nightstand, discovering a drawer stuffed with $100 payments. He takes the hundred, however his curiosity will get the most effective of him and he returns to the room to see how a lot cash is within the stand. According to Bleek:
“Suddenly my mind [was] like, ‘Check the other drawers.’ So I go up there and check. Hundreds. [Opens the next drawer] Hundreds. [Opens the next drawer] Fifties. Every drawer, stacked to the top. Hundreds and fifties. Then you get to the drawer that just had twenties. And then it was like, ‘Bleek again. Why did you ask for a hundred?’”
Clearly, Jay-Z has all the time recognized make a greenback, and his hustler’s mentality has performed an enormous function in him attending to the place he’s today.