ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

Dinner with Jay-Z or $500,000? Rapper finally settles the debate with surprising answer

The rapper says people can find all the wisdom in his music.
UPDATED NOV 27, 2024
Rapper Jay-Z performing at the 2009 MTV Europe Music Awards | (Cover image source: Getty Images | Dave M. Benett)
Rapper Jay-Z performing at the 2009 MTV Europe Music Awards | (Cover image source: Getty Images | Dave M. Benett)

A hypothetical question, "Would you rather have dinner with rapper Jay-Z or take $500,000 in cash?" has been making rounds on social media since 2017. Last year, it finally reached Jay-Z, who settled the debate with a surprising answer. In an interview with CBS Morning's Gayle King, Jay-Z advised fans to take the $500,000 and buy his wisdom.

American rapper and music producer Jay-Z at the UEFA Champions League Final | Getty Images | Photo by ANP
American rapper and music producer Jay-Z at the UEFA Champions League Final | (Image source: Getty Images | ANP)

The “dinner with Jay-Z or $500K” meme has been going viral in various iterations since 2017. The premise of the meme is if the "99 Problems" rapper can share wisdom worth $500K over a dinner. 

The meme took off in 2021 when users who picked the dinner with Jay-Z were trolled for their choice, implying that taking the money was the obvious correct answer, as per Know Your Meme.

Years later, the rapper himself said, "You gotta take the money."

Before he became Jay-Z, Shawn Carter was struggling as a 13-year-old child, selling drugs on the street. He has had an inspiring rise as a rapper and music producer, selling over 140 million records.

He turned his musical success into a sprawling business empire. Apart from his own companies, he has made lucrative investments in record labels, sports teams, clothing brands, and alcohol brands. Thus, Jay-Z's wise money moves made him the world's first billionaire rapper. He is now estimated to be worth $2.5 billion, as per Forbes. 



 

Therefore, choosing a dinner to utilize his wisdom should be the right choice. However, Jay-Z believes that money could be a better bet as people can find all the wisdom in his music. With 13 Billboard 200 No.1 albums, the rap icon from Brooklyn doesn't seem to be wrong. 

“I wouldn’t tell you to cut a bad deal. Like, take the $500,000, go buy some albums, and listen to the albums,” he said in the CBS Mornings interview. He added that if fans "piece it together" and listen to the music for words, they will find all his wisdom there. 



 

"The blueprint to me and my life and my journey is there already," the rapper said. While Jay-Z says he would take the money, the rapper himself once had a high-profile lunch meeting with legendary investor Warren Buffet, back in 2010. The two reportedly discussed the strategies of investing in music at the time. The rapper talked about how he invests only in businesses and music that he understands.

"Music is like stocks, there’s the hot thing of the moment," the rapper said. He suggested that people often make emotional decisions based on that and fail to stick with things that they know. 



 

This prompted Buffet to say that the Roc Nation founder was a good source of money-making advice. "For a young person growing up, he’s the guy to learn from," the chairman and CEO of Berkshire Hathaway said at the time, as per CNBC Make It.

This article originally appeared 3 months ago.

MORE ON MARKET REALIST
Reports estimate workers will soon push back against losing their jobs to AI.
4 hours ago
The contestant came close to winning it all, but her mistake came right at the very end.
4 hours ago
The retailer has often brought back items after a long gap, and the strategy usually always works.
4 hours ago
From a sales perspective, Walmart has been on top for several years thanks to high revenue.
6 hours ago
He believes that only the global elite will benefit from AI's growth on almost every single front.
8 hours ago
He claimed that traditional ingredients had been replaced with cheap substitutes.
8 hours ago
"So, they will always point the finger at the president and say it's his fault and not take the blame," they said.
10 hours ago
"All it took was a president willing to impose tariffs, willing to present manufacturers with the appropriate economic incentives," they said.
10 hours ago
The contestant was feeling good about his chances but ended up with nothing.
1 day ago
Several large-scale projects will be undertaken as part of the deal.
1 day ago
Stuart Russel says companies are playing Russian Roulette with humans, and governments should step in.
1 day ago
Healthcare providers cited rising costs and denied reimbursements as the reason for the shortfalls.
1 day ago
The affected products have been recalled as the FDA conducts a full-scale investigation.
1 day ago
The customer had to fight for the product that she was willing to purchase.
1 day ago
“It’s, I think, the worst paper I’ve ever seen in the history of the Federal Reserve system," Hassett stated.
1 day ago
The case is notable as it shifts focus from content responsibility, protected under Section 230 of the Communications Decency Act.
1 day ago
Vance has had varied opinions about the technology in the last year, some good and some bad.
2 days ago
The studio audience loved the segment as they cheered the two on whole-heartedly.
2 days ago
While Warsh compared the current situation with the internet boom, economists differ on the opinion.
2 days ago
He suggested some changes to be made to the 401(k) scheme to help Americans save more.
2 days ago