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Jay-Z In Talks To Purchase Stake In London Soccer Team
Known for his business acumen, Jay-Z has currently enjoying a string of fruitful business deals as of late. He is currently developing his own S. Carter high-end clothing line, and in the spring he introduced a collaboration with Swiss luxury-watch maker Audemars Piguet. In addition, Carter’s Rocawear clothing brand is generating some $400 million a year in sales. (Carter and partners recently bought out co-founder Dash for an estimated $25 million.) Although Carter has mainly orchestrated his deals behind the scenes, his business accomplishments have not gone unnoticed. The business community recognized Jay-Z’s savvy earlier this year when he was received the British GQ’s International Man of the Year award. He also was recently featured on the cover of the well-respected financial business magazine, Fortune.
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