JAY Z: “True Businessman”

MOGUL MEDIA TV

The 15 Reasons Why Jay-Z Is The Quintessential Businessman

15. He created Roc-A-Fella Records in 1996.

The first big move Shawn Carter made on the scene was when he linked up with Damon Dash and Kareem Burke to start Roc-A-Fella Records. During the same time Hov released his first album, Reasonable Doubt. This was the first of many steps sky rocketing him straight to the top.
14. He started Rocawear with Damon Dash in 1999.

In 1999, Jay teamed up with Dame to created the urban streetwear brand Rocawear. It has since expanded into everything from jewelry to woman’s handbags. Jay bought out Dash’s 25 percent stake in the company for $30 million in 2005 after the two had a falling out and sold total control to Iconix Brand Group for $204 million in 2007. Not a bad return on his investment.
13. He signed Kanye West to Roc-A-Fella in…

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