HipHop News

Jay Z Buys Luxury Champagne Label ‘Ace Of Spades’

Take that Cristal!

Jay Z often broadcasted his support and love for Ace of Spades in his songs and music videos. His infamous 40/40 Club is even laced with several bottles of the luxurious champagne. Well according to the New York Post, the hip-hop mogul has just added another business to his belt. Jay Z is now the new owner of 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,” said Sovereign in a statement earlier today.

This wouldn’t be the first time Jay backed a luxury drink. In May 2012 he unveiled his line of Bacardi’s new cognacD’usse. Details about the Ace of Spades deal has yet to be revealed but this definitely seems like a positive move for him. Congrats Jay!

xxlmag.com

 
 

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