Nicki Minaj has once again publicly criticized Jay-Z, asserting that the rap mogul owes her a substantial sum, reportedly between $100 million and $200 million, related to her stake in the music streaming service, Tidal.
In a series of posts made on Tuesday, July 8, on X (formerly Twitter), Minaj claimed that she and other artists were unfairly compensated after Tidal was sold to Jack Dorsey’s Square Inc. for $302 million in 2021. Minaj stated she was only offered $1 million for her equity, which she believes is significantly less than her rightful share given the platform’s sale price.
When Tidal launched in 2015, reports indicated that fifteen artists, including Nicki Minaj, Jay-Z, Beyoncé, Rihanna, Kanye West, and J. Cole, were each given a 3% stake when the company was valued at $56 million. Despite holding onto their shares after the acquisition, Minaj contends that the returns haven’t accurately reflected the company’s true value. She wrote, “We’ve calculated about 100-200MM so far. #JayZ call me to settle this karmic debt. It’s only collecting more interest.”
While maintaining that Jay-Z is still among her “top 5” rappers, Minaj issued a stern warning to fans who use his nickname, Hov, stating, “Y’all will answer to God for that bl@sphemy.
Minaj also shared her intention to use the disputed funds to support her charity, #StudentOfTheGame, which aims to assist her fans, known as Barbz, with tuition and student loans.
Her strong opinions didn’t end there. Days later, Minaj escalated her criticism, targeting Jay-Z’s Roc Nation and making pointed remarks about Roc Nation artist Megan Thee Stallion, referencing the latter’s past legal issues.