Jay Z Has A Champagne Of His Own Now

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One of the richest people in the music business, rapper Jay Z isn’t done building his financial empire. The mogul has just purchased a high-end champagne brand, Armand de Brignac.

The New York-based wine and spirits company Sovereign Brands said that the deal has been finalized, but the company did not state how much Jay Z paid for the brand.

If you want to buy a bottle of the champagne, it retails for about $300 dollars. The champagne is made by a team of only eight people who are located in a small French town.

Jay Z is a big fan of the beverage obviously. He shows bottles of it in many of his videos and he even had 350 bottles of the expensive drink on display at a fundraiser that he and his wife Beyonce held for US President Barack Obama back in 2012. Jay Z has a net worth of about $520 million, so no matter what he spent to buy the brand, it’s probably not that big a deal to him.

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