Jay-Z's empire: What the billionaire stands to lose as he faces sexual assault accusation
Fox News
Jay-Z could stand to lose his more than $2 billion empire, built off multiple successful businesses and a music career, as he faces sexual assault claims in rape lawsuit.
"Hip-hop from the beginning has always been aspirational. It always broke that notion that an artist can't think about money as well." Tracy Wright is an entertainment reporter for Fox News Digital. Send story tips to Tracy.Wright@fox.com.
With his hands in a number of profitable ventures, including partnerships with the NFL, a music streaming service and a global entertainment agency, it remains to be seen if any of his businesses will be affected by allegations that Jay-Z raped a minor with Sean "Diddy" Combs after the 2000 MTV VMAs.
On Friday, Jay-Z and Combs' sexual assault accuser, known as Jane Doe, sat down with NBC News and admitted to making "some mistakes" when recounting allegedly being sexually assaulted by two rap moguls 24 years ago. However, the Alabama woman maintains that the accusations she has made against the two men are true.
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Jay-Z could stand to lose his more than $2 billion empire, built off multiple successful businesses and a music career, as he faces sexual assault claims in rape lawsuit.
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