Jay-Z sold a 50 percent stake in the brand, often referred to as Ace of Spades, to LVMH's wine and spirits division Moët Hennessy in 2021. More from The Hollywood Reporter ...

Jay-Z sold a 50% stake in his French champagne Armand de Brignac (Ace of Spades) to luxury fashion giant LVMH in 2021, which Forbes reported valued the liquor brand at $640 million. Shortly after ...