Jay Z is much richer after selling 50% of his champagne brand. In a viral video Jay Z talked about selling Ace of Spades to Moet Hennessy for $250 Million.
Being the smart business man he is, this wasn’t just a sale, this was actually the start of a partnership. Jay Z explained he chose Moet Hennessy, because they aligned with his thinking and share his creative mindset in terms of product development.
Beyonce has to very proud of what Jay Z continues to accomplish. It’s still amazing how far he has come based on who he was back in the day when his career first started. He probably even surprises himself.
Now when people sip on Ace of Spades they aren’t only putting money in Jay Z pockets, but also Moet Hennessy.