Yesterday Jay Z’s 40/40 club announced that they are closing down. And HATERS of Jay Z are rejoicing. Well, don’t rejoice for long.
Media Take Out just got some EXCLUSIVE news concerning Jay Z’s sports bar … it’s actually moving to a BIGGER and BETTER location.
We spoke with two people intimately involved in the business who told us Jay Z and his partners’ MASTER PLAN. According to our sources, the 40/40 club is planning to reopen in a brand new space in a new building across the street from Madison Square Garden.
The insider told Media Take Out, “The club is closing for now, but will reopen across from the [Knicks arena]. It will be the biggest sports restaurant in the whole city.”
Haters aren’t going to like this news.
Through his business ventures, Jay-Z became the first hip-hop billionaire in 2019. In 1999, he founded Rocawear, a clothing retailer. In 2003, he founded 40/40 Club, a luxury bar chain. Both businesses grew to multi-million-dollar corporations, permitting him to launch Roc Nation in 2008. In 2015, he acquired the tech company Aspiro and led Tidal, the company’s media streaming service. In 2020, he launched Monogram, which sells a line of cannabis products. s of 2023, he is the wealthiest musical artist in the world with a net worth of US$2.5 billion, according to CNBC.
One of the world’s best-selling music artists with over 140 million records sold, Jay-Z has won 24 Grammy Awards, jointly with Kanye West the most Grammy awards of any rapper. Jay-Z holds the record for the most number-one albums (14) of any solo artist on the Billboard 200. He has been awarded the NAACP’s President’s Award, a Primetime Emmy Award, a Sports Emmy Award, been nominated for a Tony Award. Ranked by Billboard and Rolling Stone as one of the 100 greatest artists of all time, Jay-Z was the first rapper to be inducted into the Songwriters Hall of Fame and the first solo living rapper inducted in the Rock and Roll Hall of Fame. In 2013, Time included him on its list of the “100 Most Influential People in the World” In 2023, Billboard and Vibe named him the greatest rapper of all time.
