Jay Z. no doubt is on the short list of Rappers if ever, we can probably count on one or two fingers at the absolute most that has ever earned $1 Million for a single performance on record. New York rap mogul Jay-Z will reportedly bank $1 million for a scheduled Las Vegas appearance set to take place on New Years Eve next week.

Details on the rapper's earnings landed on the Internet Friday (December 24) afternoon.

Jay-Z will earn big bucks this New Year's Eve, by performing at a private party. Next Friday (December 31), the rapper will entertain 2,500 party-goers in Las Vegas, at the Cosmopolitan Resort and Casino, for which he'll earn $1 million for his appearance. Jay will be joined by his wife Beyonce - although Knowles won't be singing at the glitzy event. (OMG Music)
Jay and Beyonce will likely be joined by Coldplay frontman Chris Martin.

The mega mogul Jay-Z, real name Shawn Carter, has signed up to perform at the the lavish launch party for the new Cosmopolitan Resort and Casino in Las Vegas kicking off on December 31. And according to reports, he is being paid a staggering $1million for the occasion. Another superstar couple who will be at the event, which marks the official opening of the $4billion resort, is Gwyneth Paltrow and her rocker husband Chris Martin. Chris' band Coldplay are also on the line up at the no-expense spared extravaganza and are set to take home an equally impressing pay check. (Daily Mail

Last summer, Jay and Beyonce were named in Forbes' list of the World's Most Powerful Celebrities.

1. Oprah Winfrey, $315 million. TV Rank 1, Press Rank 5, Web Rank 5, Social Rank 11. 2. Beyonce Knowles, $87 million, TV Rank 9, Press Rank 13, Web Rank 2, Social Rank 15 ... 14. Kobe Bryant, $48 million, TV Rank 22, Press Rank 16, Web Rank 21, Social Rank 22. 15. Jay-Z, $63 million, TV Rank 45, Press Rank 29, Web Rank 23, Social Rank 26. (Forbes)
In January, they earned the right to be called the highest-earning couple in Hollywood.

Music duo Jay-Z and Beyoncé Knowles earned $122 million between June 2008 and June 2009, landing them atop the publication's annual Top-Earning Couples list in Hollywood for the second year in a row. The couple married quietly in 2008 and are responsible for everything from music ("Single Ladies" and "Empire State of Mind") to clothing lines, worldwide tours, and product endorsements (like American Express and Budweiser). (Entertainment Weekly)



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