Music Mogul Jay Z has been a longtime fan of the Armand de Brignac luxury champagne brand. Jay has often mentioned the fancy champagne in numerous songs and always seen drinking the champagne with his wife Beyonce.
The champagne is also called “Ace of Spades” is crafted and marketed by vineyard that has been ran by a family since 1763.
“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,” Sovereign Brands said in a statement.
This is the latest move by the rap entrepreneur who previously invested in record labels, restaurants, fashion, and a talent agency.
Also popular with other celebrities and athletes, a bottle of Armand de Brignac Brut Gold retails for $300. Details of the deal have not been released yet, along with Jay Z’s upcoming company.
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