Jay-Z sued for $18 million over Gold cologne sales
Jay-Z has made much of his persona about money and high luxury. First, there is his style of dress, and his watches. Second, there’s his actual personal life. He has Beyonce for a wife. They have a budding, young, family. Then, there is his life as the head of Roc Nation.
Over the course of his career, Jay Z made himself much more than the typical rapper. Inspired by Big Daddy Kane, Jay Z not only mastered wordplay, he made a name for himself in the business world. With everything he does, Jay Z makes a new source of income for himself.
Jay Z has his hands in several business interests, either directly or through companies he owns. One of the businesses Jay Z has interest in is his cologne brand. The name of the brand is Gold Jay Z and it is suffering in sales.
Recently, the Gold Jay Z sales have dipped by 75%, which is very disappointing, obviously. According to rumors, Jay Z has shown very little focus to this business venture, angering his partners. Due to all of this, it is being said that Jay Z’s partners are suing him for $18 million.
Source: Mediatakeout
Jay-Z sued for $18 million over Gold cologne sales