Jay Z Sells 50% of Ace of Spades to Moët Hennessy

On Monday, February 22, it was announced that Jay-Z has partnered with Moet Hennessy by acquiring a 50% stake of the champagne Armand de Brignac, also known as the Ace of Spades. Hov bought Ace Of Spades back in 2014 for $30M and is now set to make over an estimated $200M.

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