Read on to learn about Jay-Z's new toast-worthy acquisition.
The New York wine and spirit company Sovereign Brands has announced that Jay-Z bought the luxury Armand de Brignac champagne brand, which is also known as "Ace of Spades."
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Soverign Brands revealed the announcement in a recent press release. "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."
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