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Jay-Z To Cash In On $44m Deal

Mogul sells shares in his 40/40 club

By Nora Ibrahim on Wednesday 13th August 2008

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Hip hop mogul Jay-Z is about to cash in his chips and score another $44 mil for his already full bank account.

Hova is in talks with Las Vegas Sands Corp, a mega casino owner, about selling a 50% share of his 40/40 sports club.

According to the New York Post an insider said “That will make the 40/40 club in 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.”

Jay-Z is already thought to be worth somewhere close to half a billion dollars, Bill Gates better watch his back!

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Comments (1)

  • There never has never been a black man in the top ten billionaires. Way to go Jay-Z I see you on your way to the hit list on Forbes 400 the top billionaires in the world. Make it Happen!!
    nette, Charlotte, USA - Aug 13th, 2008

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