Rapper / Entrepreneur, Jay-Z has sold half of his champagne brand to LVMH for an undisclosed amount of money.
The rapper bought "Ace of Spades" in 2014 and prices start around $300 for a bottle ... In 2019 “Ace of Spades,” sold more than 500,000 bottles.
According to a rep from Moët Hennessy, the new partnership will allow more growth for the brand.
Video courtesy of CNBC