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

According to Forbes magazine, Jay Z is considered the third richest hip-hop artist in the world with an estimated net worth of $520m. The rapper and business mogul Jay Z has acquired high end champagne, Ace of Spades. In a statement to the media on Wednesday November 5th, 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.”

The golden-bottled champagne sells for $300 (£188) per bottle and is one of those expensive drinks favored by the rich and famous. In the voice of ‘Ajebo’ That’s how we roll...lol