Jay-Z & Beyoncé Did Not Buy DMX's Masters For $10M, Swizz Beatz Says

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Swizz Beatz addressed rumors of The Carters' involvement in securing DMX's masters.

The rap world continues to mourn the death of DMX who passed away at the age of 50 on Friday. In the week of his hospitalization, there was a large amount of misinformation spreading regarding the status of his health. Even after his passing, unsubstantiated claims spread across the Internet regarding DMX's catalog and The Carters' involvement in purchasing his masters.

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The article that sparked this rumor claimed that Jay-Z and Beyoncé were dropping $10M to purchase DMX's masters from Def Jam to give to the late rapper's children. That couldn't be further from the truth. It's unclear where the rumor spread but it landed on the page of @chakabars who left his followers under the impression that The Carters were getting involved. Swizz Beatz slid under the comment section where he dispelled the rumors, writing, "Not true King," along with a prayer hand emojis.

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On Saturday, Swizz Beatz took to Instagram where he offered thoughts on the passing of his late friend and collaborator. "My brother was a different type of brother—a different type of artist, a different type of creative, different type of spirit, different type of zone, different type of soul," Swizz said. "He was the biggest because he prayed for everybody else more than himself. He’d get on the stage and pray for 15,000 people, knowing that he needed more prayers than anybody that he was praying for."

Check his comment out below. 

About The Author
Aron A. is a features editor for HotNewHipHop. Beginning his tenure at HotNewHipHop in July 2017, he has comprehensively documented the biggest stories in the culture over the past few years. Throughout his time, Aron’s helped introduce a number of buzzing up-and-coming artists to our audience, identifying regional trends and highlighting hip-hop from across the globe. As a Canadian-based music journalist, he has also made a concerted effort to put spotlights on artists hailing from North of the border as part of Rise & Grind, the weekly interview series that he created and launched in 2021. Aron also broke a number of stories through his extensive interviews with beloved figures in the culture. These include industry vets (Quality Control co-founder Kevin "Coach K" Lee, Wayno Clark), definitive producers (DJ Paul, Hit-Boy, Zaytoven), cultural disruptors (Soulja Boy), lyrical heavyweights (Pusha T, Styles P, Danny Brown), cultural pioneers (Dapper Dan, Big Daddy Kane), and the next generation of stars (Lil Durk, Latto, Fivio Foreign, Denzel Curry). Aron also penned cover stories with the likes of Rick Ross, Central Cee, Moneybagg Yo, Vince Staples, and Bobby Shmurda.
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