Jay-Z isn’t just one of the biggest rappers on the planet; he also owns a record label and holds investments in art, real estate and tech companies such as Uber. In fact, over the past decade, the Brooklyn native amassed a fortune of at least $1 billion, according to Forbes.
Sean Carter’s latest investment, through his firm Marcy Venture Partners, is in New Jersey-based Partake Foods, a maker of allergen-free cookies. The $1 million seed round was led by Marcy and included The FactoryBackstage Capital, SoFi Ventures, and Beyond Meat’s Chief Growth Officer, Chuck Muth.
“Partake has the ingredients to build a mass market brand: compelling values, a great tasting product, and a tenacious and experienced operator,” said Larry Marcus, Marcy Venture Partners co-founder and managing director, in a press release. “We are honored to back [Partake Founder] Denise [Woodard] and the team and help grow their business.”
The rapper’s brand D’Ussé is officially worth $100 million, while his streaming service Tidal is also worth $100 million. His entertainment company Roc Nation is worth $75 million, and his classic music catalog is also worth $75 million.