Jay Z Bought Luxury Champagne Brand Armand de Brignac

Photo: instagram.com/armanddebrignac

Renowned American hip-hop star, Jay-Z, has such a fondness for Armand de Brignac champagne that he went a step further by purchasing the entire company. Mr. Carter acquired this brand from New York-based Sovereign Brands, having presented an offer that the company found irresistible.

“We are proud to announce that Sovereign Brands, a New York-based wine and spirits company owned by the Berish family, has sold its interest in the Armand de Brignac (‘Ace of Spades’) Champagne brand to a new company led by the globally renowned Shawn ‘Jay Z’ Carter,” Sovereign Brands said in a statement.

Ace of Spades is typically available for around $300 per bottle, but those with significant resources at their disposal have the option to indulge in a lavish experience, with the opportunity to invest over $275,000 in a special 45-liter Armand de Brignac Rosé Midas bottle.  Buying that 45-liter Armand de Brignac Rosé Midas bottle might make your wallet lighter, but it’ll certainly make your party a lot more sparkling!


[Via: NY-Times]

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