Jay-Z Sells Half of His Champagne Brand

Jay-Z has sold half of his champagne brand, Armand de Brignac – aka ‘Ace of Spades’ – to the high-end French conglomerate LVMH. The financial details of the deal haven’t yet been made public but in 2018, ‘The New York Times’ reported that Jay-Z’s champagne brand was valued at $250 million!