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Hip Hop Mogul Buys Luxury Champagne Brand

Jay Z expands his business empire once again

Legendary Hip Hop figure Jay Z has bought Armand de Brignac Champagne, the legendary French brand. Jay Z bought the world famous brand for an undisclosed amount from Sovereign Brands.

Armand de Brignac Champagne is known for its expensive gold bottles of champagne. A normal size bottle of the champagne brand popularly known as 'Ace of Spades' in Hip Hop goes for $300. The giant version of the champagne bottles is a status symbol for the rich and famous. The largest bottle is known as 'The Midas'.

Jay Z has been associated with Armand de Brignac since 2008.

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