Jay-Z invests 56 million dollars, buys new company

 

Hip-hop icon Jay-Z, has decided to expand its business by acquiring a company that offers online music, worth 56 million dollars.

45-year-old rapper has agreed to buy the company "Aspirate" from Sweden for 56 million dollars in cash.

Jay-Z, real name Shawn Corey Carter, is one of the most successful singers in history, having sold more than 100 million albums.

Forbes magazine says he has assets valued at 520 million dollars.

From "Project Panther Bidco Ltd" (company benchmark) say they followed developments "Aspiros" for a long time and believe that high technology company will be strengthened even more in the future.