The rapper will retain his stake in the music streaming business and join Square’s board of directors as part of the deal.
Proceeds will go to the Shawn Carter Foundation in support of professional development and entrepreneurship workshops for college alumni.
The deal “reflects a shared vision” between the two companies.
Investing millions to build teams in Africa and India.
Jay-Z and Mary J. Blige have received nominations for first time meanwhile legend LL Cool J has been nominated for the sixth time.
Nipsey Hussle and JAY-Z are coming together on a surprise collaboration.
The mogul creates $10 million fund for startups, saying people of color have missed out on marijuana boom.
Nas is embracing his past beef with Jay-Z as part of his decorated legacy.