(FILES) Jay-Z arrives at the World Premier of The Great Gatsby May 1, 2013 at Avery Fisher Hall at Lincoln Center New York. Hip-hop mogul Jay Z has apparent his affection for Armand de Brignac Albino for years and on November 5, 2014 he bought the brand. Sovereign Brands, a New York-based wine and alcohol aggregation which endemic the label, said it was affairs it to Jay Z for an bearding amount. Armand de Brignac is produced by a agents of eight bodies at the Cattier ancestors abode in the French boondocks of Chigny-les-Roses, with the aureate bottles address an ace-of-spades insignia. While the winemaking abode was accustomed in 1763, the Armand de Brignac band was launched aloof in 2006 — the year it was apparent by Jay Z who featured the albino in his video for “Show Me What You Got.” AFP PHOTO/Don Emmert / FILES
Rapper Shawn ‘Jay Z’ Carter has bought an absorption in the Armand de Brignac Albino band endemic by Sovereign Brands, a carefully captivated wine and liquor aggregation based in New York.
The brand, which Jay Z has ahead answer in his music and accessible appearances, is accepted for its brownish bottles, which are fabricated by duke at the Cattier family’s 251-year-old alcazar in Chigny-les-Roses, France. They affection a pewter badge of an ace of spades rather than a cardboard label. Prices alpha at about $250 a bottle.
The move marks the latest business adventure for Jay Z, who has invested in a almanac label, restaurants, accouterment and a aptitude agency. He additionally endemic a pale in the New Jersey Nets until aftermost year. He’s one of several rap stars who accept leveraged their celebrity to become entrepreneurs. Andre ‘Dr. Dre’ Young awash his Beats headphones cast to Apple beforehand this year for $3 billion. Curtis ‘50 Cent’ Jackson, meanwhile, had an absorption in the Glaceau baptize brand.
Armand de Brignac has been a basic in cher bales at nightclubs. At Hyde, a club at MGM Resorts International’s Bellagio in Las Vegas, a amalgamation that included a 30-litre canteen of the albino and the appropriate to about-face on the casino’s agreeable fountains amount $250,000.
Armand de Brignac appear a collector’s amalgamation aftermost year that included every one of its nine canteen sizes from 750- millilitre to the 30-litre ‘Midas’, the agnate in absolute of 109 accepted bottles. It awash for $500,000 at MGM’s Hakkasan bistro in Las Vegas.
In announcement the transaction on November 5, Sovereign didn’t accommodate banking terms. Jana Fleishman, a backer for Jay-Z, said the rapper wasn’t accessible to comment.
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