Oct 1 2013, 5:22am CDT | by Bang Showbiz
The hip-hop mogul found it easy to set up his Roc Nation record label and build a musical empire because he already had years of experience illegally selling crack on the streets of Brooklyn in New York City.
The 43-year-old reformed family man - who has 20-month-old daughter Blue Ivy with his wife Beyonce - wishes he had got out of the drug scene earlier and thought about the big picture instead of focusing on the instant cash.
Jay Z added: "Not until later [did I have regrets], when I realised the effects on the community. I started looking at the community on the whole, but in the beginning, no.
"I was thinking about surviving. I was thinking about improving my situation. I was thinking about buying clothes."
The music mogul is reported to have raked in $42 million in the past year, adding to a net worth of about $475 million, a far cry from his original "exit strategy" of setting up a barbershop.
Jay added: "If you want to start some sort of barbershop or carwash - those were the businesses back then. Things you can get in easily to get out of [that] life.
"You have to have an exit strategy, because your window [for dealing drugs] is very small. You're going to get locked up or you're going to die."
Source: Bang Showbiz
blog comments powered by Disqus