His net worth is up $90 million this year

Jay-Z has been named the richest musician in America, after his net worth went up by $90 million this year.

The statistic comes from Forbes’ 2018 list of America’s wealthiest celebrities, released earlier this week.

The rapper placed fifth on the list, tying with Kylie Jenner thanks to her cosmetics company. George Lucas is named the richest celebrity, with a net worth of $5.4 billion, while fellow filmmaker Steven Spielberg makes it to second place with $3.7 billion.

Third place goes to Oprah with a net worth of $2.8 billion, while retired Basketball player Michael Jordan places fourth with $1.7 billion.

The only other musician in the top 10 is P Diddy, who places eighth with a net worth of $825 million. You can see the top ten below.

1. George Lucas (net worth $5.4 billion)
2. Steven Spielberg ($3.7 billion)
3. Oprah Winfrey ($2.8 billion)
4. Michael Jordan ($1.7 billion)
5. Tie — Kylie Jenner ($900 million)
5. Tie — Jay-Z ($900 million)
7. David Copperfield ($875 million)
8. Diddy ($825 million)
9. Tie — Tiger Woods ($800 million)
9. Tie — James Patterson ($800 million)

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Earlier this year it was revealed that Beyoncé and Jay-Z‘s ‘On The Run II’ tour made over a quarter-billion dollars. With the tour surpassing $150 million (£116m) gross back in August, the final figure is said to be at an enormous $253.5 million (£197m).

The duo’s two nights at London Stadium – which formed part of their 18-date run of European shows – grossed $11 million (£8.5m) from more than 125,000 ticket sales. However, it was their two nights at Atlanta’s Mercedes-Benz Stadium that brought in the biggest bucks – grossing $14.1 million (£10.8m). On average, Beyoncé and Jay-Z’s took $5.28 million (£4m) per show.

‘On The Run II’ surpassed gross earnings from the couple’s 2014 tour by 132 per cent – with the first tour grossing $109.6 million (£85m).