For the past decade, Jay Z has acted as a brand ambassador of sorts promoting the luxury champagne brand Armand de Brignac--better known as Ace of Spades, and Wednesday (Nov. 5) Jay Z took his love for the product and turned it into a profit.
In a statement released earlier today, Sovereign Brands announced Jay Z purchased the premium product for an undisclosed amount.
"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."
In a statement released earlier today, Sovereign Brands announced Jay Z purchased the premium product for an undisclosed amount.
"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."
Smart move Jay..
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