Jay Z’s latest Ace of Spades champagne will cost $850, only 2,333 bottles available. LVMH Moët Hennessy, the world leader in luxury wines and spirits, has announced a partnership with the hip-hop heavyweight, acquiring a 50% stake in Carter’s Armand de Brignac, which is widely known as “Ace of Spades” due to its logo. Jay-Z Sells 50% Ownership Stake of Ace of Spades to LVMH Moët Hennessy. “The multiples for Armand de Brignac-based on the category and volume size of the brand-far outreach brands that don’t have that celebrity ownership,” says beverage market analyst Eric Schmidt. Neither side has commented but based on analyst estimates, Jay-Z likely pocketed at least $315 million in the deal. How much does Jay-Z make from Ace of Spades? Speaking with Yahoo! Finance, JAY said the sale would take Armand de Brignac to “the next level of taste and distribution.” This means that with the 50 percent stake sale, JAY raked in at least $315 million from the deal. How much does Jay Z ace of spades cost? How much did Jay Z sell ace of spades for?įorbes specifically valued the brand at roughly $630 million. Luxury beverage giant LVMH Moët Hennessy has acquired a 50% stake in Jay-Z’s champagne brand, Armand de Brignac.įorbes values the deal for the bubbly wine, known by its nickname Ace of Spades thanks to its logo design and several of Jay-Z’s lyrics promoting it, at roughly $630 million, based on conversations with five beverage analysts and industry insiders. How much of Ace of Spades does Jay-Z own? Armand de Brignac - which is widely known as “Ace of Spades” due to its logo - was launched by French Champagne company, Cattier, in 2006, then purchased by a company led by Jay-Z in 2014. Luxury beverage giant LVMH Moët Hennessy has acquired a 50% stake in Jay-Z’s champagne brand, Armand de Brignac. Product typeįorbes has set the value of the collaborative deal for “Ace of Spades” at roughly $630 million, based on conversations with five beverage analysts and industry insiders. Is Ace of Spades bottle real gold?Īrmand de Brignac, colloquially known as the “Ace of Spades” after its logo, is the name of the tête de cuvée Champagne brand produced by Champagne Cattier and sold in opaque metallic bottles….Armand de Brignac. How much is the most expensive bottle of Ace of Spades?Īrmand de Brignac Brut Gold (Ace of Spades) (6 Liter) - $6,500. In 2014, he became part-owner of Armand de Brignac, also known as “Ace of Spades,” a Champagne brand run by the Cattier family. Because of the cutback in production, bottles made during either war fetch a high price. It’s estimated that by the end of the Great War, about 40% of Champagne’s vineyards had been destroyed.
Tasted from magnum (the 750-milliliter bottle costs $285), the NV Brut (Gold) opens with lovely matured brioche, toast and ripe fruit flavors. 4 How much did Jay Z sell ace of spades for?.3 How much of Ace of Spades does Jay-Z own?.1 How much is a gold bottle ace of Spades?.
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