Jay Z

Jay-Z co-owns The 40/40 Club, an upscale sports bar that started in New York City and has since expanded to Atlantic City, NJ. Future plans will see 40/40 Clubs in Los Angeles, Las Vegas, and Singapore. Roc-A-Fella also distributes Armadale, a Scottish vodka, in the U.S. On October 16, 2006, Jay-Z's new commercial spot with Anheuser-Busch aired, featuring his latest single "Show Me What You Got". Jay-Z will serve as co-brand director for Budweiser Select while collaborating with the company on strategic marketing programs and creative ad development. He will be providing direction on brand programs and ads that appear on TV, radio, print, and high-profile events.

Jay-Z is a part-owner of the New Jersey Nets NBA team paying a reported $4.5 million for his share. He is also interested in relocating the team to Brooklyn. In October 2005, he was reported in English media as considering buying a stake of Arsenal FC, an English football (soccer) team. However, at this point, this is still speculation. Jay-Z has invested in a real estate development venture called J Hotels which recently acquired a $66 million mid-block parcel in Chelsea, New York. Jay-Z and his partners are considering on constructing a high-end hotel or an art gallery building on the newly acquired site which has the potential to go up about 12 stories.

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