08/16/2012 08:58 am ET Updated Oct 16, 2012

Jay-Z's Nets Blueprint: Rap Mogul Sets New Standard For Celebrity Investors

When the developer Bruce Ratner set out to buy the New Jersey Nets and build an arena for them in Brooklyn, he recruited Jay-Z, the hip-hop superstar who grew up in public housing a couple of miles from the site, to join his group of investors.

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