US music
mogul Shawn Carter, also known as Jay Z, has bought the Armand de Brignac
champagne brand....
New York
wine and spirits company Sovereign Brands said it had sold the luxury brand to
the rapper for an undisclosed amount.
The
champagne, also known as "Ace of Spades", is produced in the French
town of Chigny-les-Roses by eight people.
The
golden-bottled champagne, which featured in a 2006 Jay Z music video, sells for
$300 (£188).
The
44-year-old US star has been known for his love of the champagne, which is
bottled at a winemaking house founded in 1763. He reportedly displayed 350
bottles of the drink at a fundraiser that he and his wife Beyonce Knowles threw
for US President Barack Obama in a New York night club in 2012.
The
acquisition is the latest addition to Jay Z's vast business interests outside
of his music, which include a clothing line, restaurants and a recording label.
He is
considered the third richest hip-hop artist in the world with an estimated net
worth of $520m, according to Forbes magazine.
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