Jay Z's New Champagne Is So Expensive Americans Would Have to Work 33 Hours to Buy a Bottle

Apr 05, 2017

Jay Z produces some pretty expensive champagne.

Armand de Brignac, the champagne brand owned by the Grammy winner, unveiled a new bottle this week, Blanc de Noirs Assemblage Two, Bloomberg reports. It's also known more simply as A2. The champagne will hit the market with a price tag of $850, meaning Americans would have to work 33 hours to buy one bottle. That's based on the average hourly wage for Americans on private nonfarm payrolls, which was $26.09 an hour as of February, according to the Bureau of Labor Statistics.

Customers with the cash to spare will have to move quickly: A2 is on sale starting April 18 but only 2,333 bottles will be sold.

The company's CEO told Bloomberg that while Jay Z didn't have much direct influence on the brand, "he always has a few bottles on hand for a celebration"

All products and services featured are based solely on editorial selection. MONEY may receive compensation for some links to products and services on this website.

Quotes delayed at least 15 minutes. Market data provided by Interactive Data. ETF and Mutual Fund data provided by Morningstar, Inc. Dow Jones Terms & Conditions: http://www.djindexes.com/mdsidx/html/tandc/indexestandcs.html. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions