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US rapper Jay-Z is already a billionaire but his nett worth is about to get even bigger.

Luxury brand LVMH has just bought half of Jay-Z’s champagne brand, Ace of Spades.

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The rapper was declared a billionaire byForbesback in 2018.

Jay-Z’s champagne brand is also known for producing the luxury cognac called D’Usse.

His bank account is about to expand even more.

Jay Z’s nett worth increases as he bags new deal with LVMH

Jay-Z has just bagged a new deal with LVMH and is about to make even more money. Image: Kevin Mazur/Getty Images for Roc NationSource: Getty Images

According to a report byThe New York Times, Jay-Z says that he always planned to grow his brand.

Rocawear and Iconix have sold for $204 million back in 2007.

Apart from Jay-Z making serious bank, his wife Beyonce Knowles-Carter has also been bringing home the bacon.

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Beyonce has $400 million to her name according toBusiness Insider.

One thing about the Carters, they really know how to make serious money for themselves.

Briefly.co.zapreviously reported that Beyonce and Jay Zenjoyed Valentines Day with wine worth over R20 000.

Beyonce and Jay Z are a power couple and its no doubt they have power couple money.

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Source: Briefly News

Thando MpembeThando Mpembe is a sports journalist who has a passion for all things entertainment.

In her spare time, Thando enjoys reading and spending time with family.

She is an advocate for mental health and believes that a healthy body starts with a healthy mind.

Thando holds an Honours Degree in Journalism from the University of Johannesburg.

Her favourite quote is “Gentle reminder - you are not for everyone and that is a blessing”.

Email: thando.mpembe@briefly.co.za