Friday, November 7, 2014

Boss!! Rapper Jay Z Buys Armand de Brignac ‘Ace of Spades’ Champagne Brand

You just gotta respect the business sense of this man , you remember when he said

"I'm not a businessman; 
I'm a business, man!"

That's the Jay Z line from his 2005 feature on Kanye Wests' song 'Diamonds From Sierra Leone (Remix)' that comes to mind with this news.

Music mogul Jay Z is certainly a businessman as he is constantly expanding his assets. The 44-year-old rapper has reportedly bought over the Armand de Brignac champagne brand popularly known as 'Ace of Spades'.

The golden-bottled champagne, which featured in a 2006 Jay Z music video, sells for $300 (£188) per bottle and is one of the more expensive drinks favoured by the rich and famous.

New York wine and spirits company Sovereign Brands said it had sold the luxury brand to the rapper for an undisclosed amount.

The champagne, also known as "Ace of Spades", is produced in the French town of Chigny-les-Roses by eight people.


This new acquisition is the latest addition to Jay Z's vast business interests outside of his music, which include a clothing line, restaurants and a recording label.

According to Forbes magazine, Jay Z is considered the third richest hip-hop artist in the world with an estimated net worth of $520m.


Congrats to him

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