In December Jay-Z had a Las Vegas party for the opening of his 40/40 club. The club was reported to have failed inspection and some speculated it would not open on time.[SOURCE]
Jay-Z made headlines this year when he announced he was stepping down as President of Def Jam. His girlfriend R& B singer Beyonce Knowles, her sister Solange Knowles, Mary J. Blige, Ne-Yo, Robin Thicke, baseball player Alex 'Arod' Rodriguez, Rev. Al Sharpton, and basketball star LeBron James were just some of the guests in attendance. LeBron James celebrated his birthday in style. Nice birthday cake.
Now there are reports that Jay-Z is going to sell his Las Vegas 40/40 sports bar.
Jay-Z is reportedly set to sell his sports bar chain 40/40.
The '99 Problems' rapper -- who married singer Beyonce in a secret ceremony earlier this year -- is said to be in talks with the Las Vegas Sands Corporation -- who own the renowned Venetian Resort Hotel Casino and its extension The Palazzo, which houses a 40/40 club -- to sell them 50 per cent of his company for $44m.
A source tells the New York Post, "That will make the 40/40 club in Las Vegas the largest sports booking operation. People can gamble both at the tables and on games. The Sands will also have the right to open 40/40 clubs in London and across Europe."
Various celebrities have been known to have big celebrations at the upmarket 40/40 spots, including R&B superstar Chris Brown and NBA All-Star Lebron James, who both celebrated birthdays there.
Jay-Z, real name Shawn Corey Carter, is one of the most financially successful hip hop artists and entrepreneurs in America.
He has sold over 26 million units in the United States and 50 million copies worldwide.
He co-founded the Roc-A-Fella empire, which includes record labels Roc-A-Fella Records and Roc-La-Familia, Roc-A-Fella Films and urban clothing line Rocawear. source
Comments