Rap mogul Jay Z added to his already extensive portfolio by purchasing
the liquor brand he helped make famous in the hood.
In a statement to media on Wednesday Sovereign Brands
announced:
“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 deal were not disclosed.
Congrats to him.It is good to be
business minded when you are a celebrity. Great job JAY!
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