Not all sparkling wines are Champagnes, but all Champagnes are sparkling wines. Did you know that a sparkling wine must be from Champagne, France in order to use the name?
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JAY-Z & D USSE Auctioning Off Rare Cognac Bottle Worth $50K For Charity Published on:
Feb 25, 2021, 10:11 AM
JAY-Z’s D’USSE Cognac is worth over $100 million and now, he’s using a rare bottle to give back to charity. Teaming up with Sotheby’s, Hov is auctioning off a Grande Champagne Cognac that was aged decades at one of France’s oldest Cognac houses.
The crystal diamond bottle shape is labeled No. 1 of 285 in the world’s existence. It’s even autographed by Jay himself and boasts an estimated auction value between $25,000 up to $75,000. The remaining bottles in the collection will be retailed at $10,000.
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Jay Z has announced a brand new partnership with Moet Hennessy Louis Vuitton. The mogul has sold 50% stake in his luxury champagne brand Armand de Brignac to MHLV. He told
The New York Times, Just the idea of this partnership is a signal to a more diverse way of looking at things.
He added, We were always looking to grow this brand and this happened very naturally.
The new deal with Moët Hennesy involves a 50-50 ownership split as well as a global distribution agreement.
TINA LAWSON PRAISES JAY Z
Meanwhile,
Beyonce s mom Tina Lawson took to social media to praise her son in law after he announced his new partnership. She wrote via Instagram, This is a love letter to my son-in-law Shawn Carter. She bought up this year s SuperBowl and the performances of Black artists like
Ousted eccentric WeWork co-founder and CEO Adam Neumann is reportedly closing in on a deal with SoftBank that would shave about $500 million (roughly half) off the total Masa Son would.
Legendary multi-hyphenate Harry Belafonte‘s 94th birthday will be a star-studded affair.
Going down virtually at 7 p.m. ET on Sunday (February 28), the suprise celebration will include the likes of JAY-Z, Common, Chuck D, Tiffany Haddish, Usher, Charlamagne Tha God, justice leaders, elected officials and more in what’s being called ‘The Gathering for Harry.’ The event will benefit the EGOT holder’s nonprofit organization The Gathering for Justice, which is dedicated to prison reform and ending child incarceration.
In a statement, President and CEO of The Gathering for Justice, Carmen Perez-Jordan, highlighted why they made sure to include Hov in the gathering.