For an undisclosed amount, sources have reported that hip-hop mogul and business icon, Shawn Carter, also known as Jay-Z, has just purchased the “Ace of Spades” champagne label from French company Armand de Brignac. This comes as a power move for any aspiring business tycoon due to the popularity of the “Ace of Spades” label.
According to Time, an “Ace of Spade” bottle has a retail price of $300. However, prices of this classic champagne have even sold for as much as $90,000 via Mark Cuban when celebrating the Dallas Mavericks’ Championship back in 2011.
Could this latest move be a result of Cristal champagnes management disrespecting the hip-hop culture? HOV was once a prominent figure of Cristal’s “bubbly-bubbly” back when he began building his 40/40 club empire (2006). However, since hearing those disrespectful remarks, Jay-Z publicly voiced his disapproval of never drinking Cristal again. Fast forward to 2014 and now Cristal has competition, “Ace of Spades” & Jay-Z! Funny how life works, right? We believe Cristal’s management has to be pissed off from Jay-Z’s latest power move.
“I used to drink Cristal, them motherf*ckers racist, so I switched to gold bottles, on to that Spade sh*t”- (Jay-Z x On To The Next One)