After severing ties with those the racists at Cristal, hip-hops top mogul JAY Z has decided to move on to a new alcohol of choice. Over the years, he’s been a strong supporter of Armand de Brignac aka “Ace of Spades“, and now he owns it.

In a statement released earlier today, Sovereign Brands revealed that Hov has purchased Armand de Brignac for an undisclosed amount.

“We are proud to announce that Sovereign Brands, a New York-based wine and spirits company owned by the Berish family, has sold its interest in the Armand de Brignac (“Ace of Spades”) Champagne brand to a new company led by the globally renowned Shawn “JAY Z” Carter,” says Sovereign Brands.

Yvonne Lardner, global director of brand communications for Sovereign, added in an emailed statement: “We have had a wonderful relationship with Jay Z throughout the years since he first discovered Armand de Brignac. He became interested in owning the brand and made us an offer we simply couldn’t refuse.”

This man can’t take a loss. All he does is win. What the hell could he possibly do next.