Revealed: Why Jay-Z Was At Goldman Sachs

Jay Z In A Tuxedo And Sunglasses

Jay-Z was at Goldman Sachs last week because he is a client of Goldman Sachs private wealth management business, a person familiar with the matter says.

Yesterday we asked why the rapper had made a widely reported stop at 85 Broad Street last week.

Now we know. Goldman manages Jay-Z’s money and he was meeting with his advisers there.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.