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JAY-Z's net worth now stands at $2.5 billion
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He sold his 50% stake in D'USSÉ VSOP cognac for $750 million, which likely contributed to the increase in his net worth
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His wife Beyoncé is worth $426 million, and the couple has put on multiple tours together
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Beyoncé and Adidas have mutually agreed to part ways on her Ivy Park line of activewear, which she will regain complete control of
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Forbes cited JAY-Z's expansive portfolio, including liquor, art, real estate, and stakes in companies like Uber, as contributing factors to his billionaire status
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He previously sued Bacardi for questionable financial transparency when the company offered him $500 million for his stake, while he sought $1.5 billion
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Bernard Arnault, CEO of LVMH Moët Hennessy Louis Vuitton, tops Forbes' list with a valuation of $216.1 billion