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 is famously a champagne fan — he is part owner of Armand de Brignac champagne, which is also known as Ace of Spades. He sold 50 percent ownership of the company to luxury brand Moët ...