Jay-Z Wants Out of D’Ussé Partnership, Accuses Bacardi of Hiding Value

Jay-Z notoriously drinks on D’Ussé, however he no longer wishes to own the alcohol brand name — TMZ Hip Hop‘s discovered he’s offering it to his partners at Bacardi, however he presumes the business’s playing a high stakes “shell game.”

As we initially reported … Jay’s submitted docs requiring Bacardi open up the books on its 50/50 collaboration with him on D’Ussé — the top-shelf cognac they’ve co-owned given that 2012 — and now we understand why.

According to docs, Jay’s business, SC Liquor, exercised its right to a buyout about a year back. Under their contract, Bacardi now needs to “negotiate in good faith” to come up with a reasonable cost for Jay’s stake in D’Ussé. Therein lies the issue … Jay believes they’re not playing reasonable.

In the docs, SC Liquor states Bacardi’s subsidiary, Empire Investments Inc., is attempting to “stall and stonewall” all efforts to get monetary details on the appraisal of D’Ussé.

Keep in mind, nobody’s done more than Jay to buzz the brand name, yelling it out in numerous verses — and after a year of Bacardi dragging its feet, Jay believes their endgame is lowballing him on the cost.

Even even more, Jay implicates Bacardi of mishandling in all sorts of methods with the intent of decreasing earnings.

As for just how much it may be worth — the files reference a prospective worth, however Jay’s legal representatives edited those numbers. We do understand both sides are not seeing eye-to-eye on the worth, since they’ve each thrown away a prospective worth — once again, it’s redacted — however Jay explained their number as “well below” reasonable worth.

If you’re questioning why Jay-Z — who’s currently a billionaire often times over — may be bargaining over the cost, there’s BIG alcohol cash at stake here. Remember, George Clooney and Rande Gerber offered their stake in Casamigos tequila back in 2017 … for almost $1 billion!!!