Forbes Pocket Watch Jay-Z’s Earnings From Ace Of Spades Deal with LVMH

Jay-Z’s deal with LVMH’s Moët Hennessy has turned out to be a lucrative decision for the Hip Hop mogul. According to Forbes, the rapper’s decision to sell 50% of his Ace Of Spades champagne brand, also known as Armand de Brignac, netted him a minimum of $300 million. The financial magazine valued the deal at $630 million with Jay-Z reportedly pocketing $315 million. The deal was praised by Dr. Dre, who was also featured in the article for $585 million he earned from his $3 billion deal with Apple. Jay-Z’s relationship with Ace Of Spades…

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