Empire State of Mind: How Jay-Z Went From Street Corner to Corner Office, by Zack O'Malley Greenburg (Penguin/Portfolio)

“One of the year’s best rock books.” –Bloomberg | “Fascinating well-done biography of one of the most extraordinary entrepreneurs of our era.” –Steve Forbes | "Lively and often...

JAY-Z BOOK: Empire State of Mind

Jay-Z’s Album Clocks Best Opening Week In Spotify History

Jay-Z’s Magna Carta Holy Grail was already guaranteed to have the best opening week sales of any album in his career, thanks to Samsung’s decision to buy 1 million copies in advance.

Now the rapper can boast another best: the most first-week streams of any album in Spotify’s history.

The numbers are in, and Magna Carta clocked 14 million full album streams in the U.S. alone, easily topping recent record-setting releases from Mumford & Sons (8 million) and Daft Punk (9.5 million).

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How much will that net Jay-Z? It’s hard to say without knowing his precise royalty rate and the breakdown of listeners on Spotify. For the music service’s paid tier, per-stream royalties are typically somewhere in the neighborhood of half a cent.

If all of Magna Carta’s listeners came from that group, Jay-Z would have made about $1 million on Spotify spins this week. Given that the bulk were probably from the unpaid tier, his total is more likely in the low six figures.

That’s not much by his standards, but it could certainly translate into a bigger payday if even a sliver of that audience buys tickets to his stadium tour with Justin Timberlake.

Not that he needs the money, anyway–by FORBES’ latest estimate, Jay-Z’s net worth stands at $475 million.

Originally published on Forbes.com

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