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Old 09-14-2012, 12:36 PM   #1
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Default How much of the Nets does Jay-Z own? 1/15 of one percent

What percentage of the Nets does Jay-Z own?

Answer: 1/15 of one percent, per multiple media outlets.

Way less than people thought
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Old 09-14-2012, 01:37 PM   #2
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Default Re: How much of the Nets does Jay-Z own? 1/15 of one percent

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few weeks back in the New York Times, a pretty revealing piece was released on Jay-Z that had to do with how well the rapper/mogul maximized his minimal investment in the Brooklyn Nets. Among the facts revealed was that the $1 million investment Jay-Z orginialy gave to the Nets amounts to just one-fifteenth of one percent of the franchise

something doesn't add up here.

1mil x 15 = 15mil= 1%. 15 mil x 100 = $1.5 billion
Not even the Lakers are worth that much.
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Old 09-14-2012, 06:29 PM   #3
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Default Re: How much of the Nets does Jay-Z own? 1/15 of one percent

we all knew his stake was really small- the actual picayune numbers don't make much difference IMO.

clearly a guy whose net worth is $20 billion brought him on as a cheerleader and public figure, not because prokhy couldn't find a puny one million dollars that particular day.
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