Jay-Z, whose real name is Shawn Carter, transformed himself from a poverty-stricken crack dealer to a multimillionaire music mogul and co-owner of the Brooklyn Nets.

He said Occupy Wall Street's blanket demonization of the rich is un-American...

"Yeah, the 1 percent that's robbing people, and deceiving people, these fixed mortgages and all these things, and then taking their home away from them, that's criminal, that's bad.

"Not being an entrepreneur. This is free enterprise. This is what America is built on."