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"Hovino": Is Jay-Z Opening A New Restaurant?

Jay-Z continues to expand his empire.

By Rico Panacea (@RicoPanacea)

(AllHipHop Rumors) Mr. Carter, Shawn Carter that is, is a man of many business ventures. We’ve seen his business acumen grow and to expand to different areas throughout his career.\

We've seen the Rocafella Records co-founder tackle every industry from clothing to film.

His biggest venture to date has been his recent revival of streaming service Tidal.

According to a report from The Blast, S. Carter Enterprises obtained the rights to the name "Hovino" for restaurant purposes. These purposes include cafe services, cocktail lounges, pubs and wine bars.

S. Carter Enterprises is a company headed by Jay-Z and this latest move shouldn't be much of a surprise. Jay-Z already has a chain of 40/40 sports bars and lounges under his belt.

This news is more than likely gaining steam because it would be Mr. Carter's biggest move since Tidal and his recent '4:44' album and tour. The "4:44" tour grossed over $44.7 Million while only serving 32 tour dates.

The "4:44" tour was Jay-Z's highest grossing solo tour ever and the album earned 8 Grammy nominations.

The album didn't win any awards at the 2018 Grammy Awards show, but it did help birth 'The Wake Up Call: Financial Inspiration Learned from 4:44 + A Step by Step Guide on How to Implement Each Financial Principle,' a financial book by financial expert Ash Exantus.

What do you think about this latest business move by Jay-Z?

Join the rumor community! Do you have a rumor tip that you would like to share? If you hear or see something, send us a tip to AHHrumors@gmail.com.

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