The $200 billion wine and spirits industry is being dominated by six Black celebrities, as reported by Face2Face Africa. These influential figures have made a name for themselves not only in the entertainment world but also in the world of business.
One of these celebrities is award-winning rapper and entrepreneur Jay-Z, who recently sold half of his champagne brand, Armand de Brignac, to luxury giant LVMH. This is just one of the many successful ventures Jay-Z has in the wine and spirits industry, including his ownership of the D’Ussé cognac brand.
Fellow rapper and entrepreneur, Sean “Diddy” Combs, has also made a significant mark in the industry with his successful partnership with Diageo for his Ciroc vodka brand. Actor and producer, Ryan Reynolds, has also entered the world of spirits with his Aviation Gin brand, which was recently acquired by Diageo for over $600 million.
Oscar-winning actress, producer, and entrepreneur Halle Berry has partnered with Spanish winery Tres Síbolos to launch her own Hallewood wines. Tennis star and entrepreneur Venus Williams has also delved into the industry with her V-Starr cocktail line and her investment in the hydration brand, Awe Sum Organics.
These Black celebrities are not only making waves in the entertainment industry but are also showing their business acumen by dominating the wine and spirits industry. Their success serves as an inspiration for others to follow in their footsteps and make their mark in the lucrative world of drinks.
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