Jay Z Becomes First Rapper Inducted Into The Songwriters Hall of Fame

This year's Black History Month is going out with a bang! After reports of Diddy becoming hip hop's first billionaire, it's been confirmed that Jay Z is set to become the first rapper inducted into the Songwriters Hall of Fame.

Back in October 2016, Hov was nominated to enter into the hall of fame along with other artists like Madonna, Babyface, George Michael and more. Today (Feb. 22), it was declared that Jigga Man made it. "Since 1996, 21-time Grammy award winner, Shawn 'JAY Z' Carter has dominated an evolution in popular culture. With more than 100 million records sold he is one of the best-selling musicians of all time," the Songwriters Hall Of Fame site reads. 

"The accomplished lyricist co-founded Roc-A-Fella Records in 1995, and dropped his debut album, Reasonable Doubt the following year...Recognized for his remarkable wordplay, JAY Z’s success continued to grow in the new millennium." 

The other 2017 inductees include Kenneth “Babyface” Edmonds, Jimmy Jam & Terry Lewis, Robert Lamm, James Pankow & Peter Cetera, P/K/A “Chicago,” and Max Martin. 

And when he's not being recognized for his writing skills, he's working on opening a venture capital firm. "According to Axios' Dan Primack, the rapper and music mogul is launching a VC fund along with Roc Nation President Jay Brown. The pair are looking to add a third investment partner and plan to team up with Sherpa Capital to launch the fund," Business Insider reports

Original article by Isha Thorpe at iHeartRadio