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How did Jay Z invest in Uber?

Back when Uber's focus was still black cars, Jay-Z agreed to invest $2 million in the fledgling company. That's a massive outlay for an angel investor, particularly an entertainer. Celebrities typically write checks that range from mid-five-figures to low-six-figures when making such investments.



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According to Forbes, Jay-Z had cash and other investments worth USD 220 million, including his USD 70-million stake in Uber, as of 2019. Besides earnings from his music, the main source of Jay-Z's billion-dollar fortune is his many businesses.

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Institutional Ownership and Shareholders Largest shareholders include Morgan Stanley, Fmr Llc, Vanguard Group Inc, BlackRock Inc., Jpmorgan Chase & Co, Public Investment Fund, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Jennison Associates Llc, Capital World Investors, and State Street Corp .

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The top shareholders of Uber are Dara Khosrowshahi, Tony West, Nelson J. Chai, SB Investment Advisers (UK) Ltd., Morgan Stanley, and FMR LLC. Below, we take a closer look at the top shareholders of Uber.

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Celebrities known to have invested in Uber include Beyoncé and Jay-Z, Lance Armstrong and Troy Carter, the former manager of Lady Gaga.

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50 Cent is a well-known rapper and actor. His entertainment success and wise business acumen has allowed him to amass a net worth of $40 million. 50 Cent has released hit songs such as “In da Club,” “P.I.M.P.,” “I'm the Man,” “Inferno,” “Window Shopper,” “Ayo Technology” and many more.

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