In a series of posts shared Tuesday, July 8, on X (formerly Twitter), Minaj alleged that she and several other artists were shortchanged following the 2021 sale of Tidal to Jack Dorsey’s Square Inc. for $302 million. Minaj said she was only offered $1 million for her equity, far less than what she believes she’s owed based on the platform’s sale price.
When Tidal launched in 2015, fifteen artists, including Nicki, Jay-Z, Beyoncé, Rihanna, Kanye West, and J. Cole were reportedly gifted a 3% stake each when the company was valued at $56 million. Despite retaining their shares after the sale, Minaj claims the returns have not reflected the company’s actual worth. “We’ve calculated about 100-200MM so far,” she wrote. “#JayZ call me to settle this karmic debt. It’s only collecting more interest.”
Though she maintained that Jay-Z remains in her “top 5” rappers, she issued a warning to fans who refer to him by his nickname, Hov. “Y’all will answer to God for that bl@sphemy,” she said.
Minaj also shared that she intends to use the money she believes she’s owed to support her charity, #StudentOfTheGame, helping her fans known as Barbz with tuition and student loans.
The rapper’s outburst didn’t stop there. Days later, she took further aim at Jay-Z’s Roc Nation, lashing out at Megan Thee Stallion, a Roc Nation artist, while referencing the rapper’s past legal controversies.
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