Jay-Z Makes Major Investment In Beauty Brand

Essence Magazine:

By Jasmine Browley ·Updated May 13, 2022

Jay Z is joining his wife in the fashion and beauty investor space. 

ESSENCE recently reported that Beyonce joined Rihanna and others as an investor in a French women’s apparel brand—now it has been reported that Jay-Z is backing premier beauty brand Madison Reed in an investment totaling $33 million, according to Bloomberg

Led by Sandbridge Capital and Jay-Z firm Marcy Venture Partners, the

This post first appeared in Essence Magazine. Read the original article.