Nov 6, 2014 – Jay Z Buys Ownership Of Ace of Spades, Armand de Brignac Luxury Champagne From Owners, The Berish Family
Several months after splashing a whopping $250,000 on a New York-based Luxury Champange brand, rapper Jay Z has paid his way to own it.
Since 2006 when he introduced the luxury brand in his music video, it has become the popular choice of super-wealthy folks.
Sovereign Brands in a statement released on Thursday said Jay Z has purchased the ownership of Armand de Brignac aka Ace of Spades for an undisclosed amount.
The statement reads:
“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.”