As if Jay Z wasn’t making moves already! Now, the rap mogul acquires a stock that will add-on to his already existing resume of wealth.
Since 2006, Jay Z has repeatedly added the name: ‘Ace of Spades’ into his rap lyrics, and consistently drinks nothing but the listed Champagne along with his Dusse Cognac brand while out enjoying a few festivities.
Now, after much acknowledgment of the brand, Jay and a “new company” (unknown), led by Jay himself — has now decided to invest in the popular brand. New York-based Sovereign Brands, said on Wednesday that it sold its interest in Armand de Brignac (Ace of Spades).
“We are proud to announce that Sovereign Brands, a New York-based wine and spirits company owned by the Berish family, has sold its interest in the Armand de Brignac (‘Ace of Spades’) Champagne brand to a new company led by the globally renowned Shawn ‘Jay Z’ Carter.”
Terms of the deal was not released, nor the name of Jay Z’s company.
Major moves as usual! He inspires us all!
Congrats Jay Z!
[Source]
Leave a Reply