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Empire State of Mind: How Jay-Z Went from Street Corner to Corner Office PDF

171 Pages·2011·0.91 MB·English
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Preview Empire State of Mind: How Jay-Z Went from Street Corner to Corner Office

Table of Contents Title Page Copyright Page Dedication Introduction Chapter 1 - A Hard Knock Life Chapter 2 - The Roc-A-Fella Dynasty Chapter 3 - Building a Notorious Brand Chapter 4 - Jay-Z’s First Basketball Team Chapter 5 - Early Retirement Chapter 6 - Def Jam Takeover Chapter 7 - Champagne Secrets Chapter 8 - To Infinity—and Beyoncé Chapter 9 - Net Gain Chapter 10 - Who Killed the Jay-Z Jeep? Chapter 11 - Reinventing the Roc Chapter 12 - History and Beyond Acknowledgements NOTES INDEX PORTFOLIO / PENGUIN Published by the Penguin Group Penguin Group (USA) Inc., 375 Hudson Street, New York, New York 10014, U.S.A. ● Penguin Group (Canada), 90 Eglinton Avenue East, Suite 700, Toronto, Ontario, Canada M4P 2Y3(a division of Pearson Penguin Canada Inc.) ● Penguin Books Ltd, 80 Strand, London WC2R 0RL, England ● Penguin Ireland, 25 St. Stephen’s Green, Dublin 2, Ireland (a division of Penguin Books Ltd) ● Penguin Books Australia Ltd, 250 Camberwell Road, Camberwell, Victoria 3124, Australia (a division of Pearson Australia Group Pty Ltd) ● Penguin Books India Pvt Ltd, 11 Community Centre, Panchsheel Park, New Delhi - 110 017, India ● Penguin Group (NZ), 67 Apollo Drive, Rosedale, North Shore 0632, New Zealand (a division of Pearson New Zealand Ltd) ● Penguin Books (South Africa) (Pty) Ltd, 24 Sturdee Avenue, Rosebank, Johannesburg 2196, South Africa Penguin Books Ltd, Registered Offices: 80 Strand, London WC2R 0RL, England First published in 2011 by Portfolio / Penguin, a member of Penguin Group (USA) Inc. Copyright © Zack O’Malley Greenburg, 2011 All rights reserved LIBRARY OF CONGRESS CATALOGING IN PUBLICATION DATA Greenburg, Zack O’Malley. Empire state of mind : how Jay-Z went from street corner to corner office / Zack O’Malley Greenburg. p. cm. Includes bibliographical references and index. eISBN : 978-1-101-47607-9 1. Jay-Z, 1969-2. Rap musicians—United States—Biography. I. Title. ML420.J29.G74 2011 782.421649092—dc22 [B] 2010035334 Without limiting the rights under copyright reserved above, no part of this publication may be reproduced, stored in or introduced into a retrieval system, or transmitted, in any form or by any means (electronic, mechanical, photocopying, recording or otherwise), without the prior written permission of both the copyright owner and the above publisher of this book. The scanning, uploading, and distribution of this book via the Internet or via any other means without the permission of the publisher is illegal and punishable by law. Please purchase only authorized electronic editions and do not participate in or encourage electronic piracy of copyrightable materials. Your support of the author’s rights is appreciated. http://us.penguingroup.com For my parents—all three of them—and for Danielle Introduction At 12:10 a.m. on October 4, 1969, Brooklyn’s last Myrtle Avenue elevated train rumbled off into the night.1 Two months later Shawn Corey Carter—better known as Jay-Z—entered the world, making his first home in the nearby Marcy housing projects. The sprawling complex of drab six-story brick buildings today sits five blocks from the Myrtle Avenue line’s ghostly remains, a block-long hollow structure that nobody ever bothered to knock down. During Jay-Z’s formative years, the rest of Bedford-Stuyvesant was similarly neglected by the authorities; as the drug trade flourished in the 1980s, lessons of supply and demand were never farther than the nearest street corner. Even now, hallmarks of Marcy’s past remain: the padlocked metal gates guarding each parking space, the apartment numbers stenciled in white paint beneath street-facing windows to help police catch escaping perpetrators, and, of course, the rusted railway skeleton over Myrtle Avenue, just steps from the platform where the J and Z subways now roll into a modern train station. The following pages will explain just how Jay-Z propelled himself from the bleak streets of Brooklyn to the heights of the business world. In making that journey, he’s gone from peddling cocaine to running multimillion-dollar companies, with worldwide stops at sold-out concerts along the way. Once Jay-Z got going, it took him less than ten years to complete that voyage, thanks to innate talents honed through hustling. His story is the American dream in its purest form, a model for any entrepreneur looking to build a commercial empire. Jay-Z wouldn’t be where he is today were it not for his remarkable abilities as a rhymester and wordsmith. Most hip-hop buffs place him in rap’s pantheon, alongside the likes of Rakim, KRS-One, Tupac Shakur, and the Notorious B.I.G. Jay-Z’s first album, Reasonable Doubt, packs a life’s worth of lyrics into a single disc, backed by beats thick with soul and jazz. Though his first album is still considered one of hip-hop’s greatest, he garnered criticism for heading in a pop- oriented direction in subsequent efforts. Jay-Z readily admits this was all part of his plan to sell more records. “I dumbed down for my audience, doubled my dollars,” he says in one song. “They criticize me for it, yet they all yell, ‘Holla.’ ”2 While some of Jay-Z’s catchier choruses have drawn the scorn of purists, radio hits like “Hard Knock Life (Ghetto Anthem)” were instrumental in

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