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#1155 Zack Greenberg On How Jay-Z Became A Billionaire

The Pomp Podcast

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Jay Z and LBMH - Is That Part of the Strategy?

Jay Z has been able to gain control of certain assets, grow them and then flip them. Part of it is that he can provide his own value to anything he buys - like when Warren Buffett bought Coca-Cola stock. If Jay Z buys a champagne company, he's immediately worth more than what it was before he bought it simply by virtue of the fact that it is Jay Z who bought it.

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