Jay-Z get a litte Bubbly
So, you have over $500 million and love champagne. What’s the next step? Buy the brand of course! At least that’s what Jay-Z has done. Jay Z‘s champagne of choice is now his own company. The rapper a has purchased the gilded Armand de Brignac (nicknamed “Ace of Spades”) brand of bubbly, which retails for $300 a bottle but can go as high as $200,000 should you care for the 30-liter bottles made of gold.
A new company led by Jay Z, real name Sean Carter, purchased the brand from New York-based Sovereign Brands, which announced the sale. Trust me, It’s cheaper to own it than pay retail, no matter how rich you are, it’s always cheaper to own than pay retail. Don’t forget, Jay set up a tower of 350 bottles at a 2013 fundraiser for President Barack Obama at Manhattan’s 40/40 Club, a chain of clubs that Jay Z owns. Also, during his time as part-owner of the Brooklyn Nets he made Armand de Brignac available at a champagne bar accessible to super-luxury box owners.
Diversification! That’s the name of the game Hova!