Jay Z will fall flat on his face as a promoter

Like I thought.. You don't listen to Jay Z..lol How can you label a man and you don't even listen too him? lol And like I said, they're worth over a billion and that's all that matters to them.. They personal life, which I don't know anything about, seems to be ok for them since they'll be having their 2nd and 3rd babies soon.. It seems you have a personal dislike for him for little to no reason...lol

 

Little do they know, he signed guys like Rudy G@y, finals MVP Kevin Durant, Ty Law Lawson, even Skylar Diggins.. Roc Nation Sports is doing quite well.. Not to mention Tidal...

 

Fat Dan said Roc Nation hasn't made any profit on any of their promotions so far.

 

In case you forgot Jay z is married to Beyonce combined they're worth 1 billion and are arguably the richest celebrities in the world he's not going bankrupt anytime soon and 6 million ain't no money to Jay z. They just bought a 100 million dollar house in la ffs. Check the Forbes top 100 celebrity list next time before making such a foolish thread.

 

You don't have a clue. Jay z isn't a middle class millionaire. He and Beyonce are among the richest celebrities in the world do a search before spouting such nonsense.

 

Honestly, I don't think Jay Z gives much of a shít if RocNation are successful in boxing or not, as it's just one branch of their very big tree. Same thing with Tidal. They're not gonna lose any sleep over losing a few tens of millions, companies make losses on investments all the time.

 

When you are as rich as Jay Z and Beyoncé it actually becomes hard to spend all of your money. No that's not a joke. If you have over a billion dollars you have a **** ton of money. He's not going broke. And if his promotion fails I doubt he will care because again, dude as a billion dollars. He doesn't give a ****.

 

Boxing is a prestige brand for them. Seems like they're just fine losing money, on that one part of the business. Doesn't make them bad businessmen of course, just lousy promoters. Promoting isn't the 9-5 that needs to pay the bills, but an image investment, and it shows.

 

Those two can't spend their yearly interest alone on their banked ****ing money

 

Unlike 50 cent JZ has several hundred mil in the bank, he seems like more of a fan than anything. If he loses a few mil here or there I doubt he gives a ****.

 

When making businesses investments you don't always make profits, Some times you will invest in a fighter that you think may go on to be a big star and make a tonne of money only for him to loose a few fights and the dream is over, These are the risks you take, you may have 5 fighters that this happens to and but you also might find that one guy that goes on to win big and the money made from him out weighs any you may have lost in other fighters. Rocnation has HUGE stable of not only sports athletes but music artist's etc, Not everybody you invest in brings a return.

Its no different to the music industry, even Simon Cowel has invested in artists that have flopped and lost him money, does that make him a **** music executive? Of course not, that would be as silly OP's thread,

 

JZ used to move enough bricks in a week that brought in more cash than his total investment in ROC Nation
Real Talk

 

Jay Z still spending money from 88

 

He doesn't have a billion dollars in cash. His worth much of it is on paper not in cash in a bank. A simple recession can wipe a lot of that out. It is amazing to me how people don't understand net worth. Net worth isn't the same as cash in the bank.

 

For sure