Do rappers exaggerate their wealth?

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In his new album, rapper Jay-Z expresses skepticism about some of his colleagues’ claims of extraordinary wealth, saying, “The truth in my verses, versus, your metaphors about what your net worth is.”  So are your favorite rappers lying about how rich they are?  Bloomberg Businessweek straightens out the confusion with a great graphic comparing alleged vs. actual wealth.  Here’s a preview: Nicki Minaj is not “mak[ing] a billi like a big goat.

Via Freakanomics.

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including SaintPetersBlog.com, FloridaPolitics.com, ContextFlorida.com, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.