“We are excited for the opportunity to partner with Parlux and their management team in the launch of these dynamic new brands,” Jay-Z said in a statement.
The veteran rapper will have the option to purchase up to four million shares of Parlux at $5 apiece, reported The Wall Street Journal. Rather than cash, Kanye and Rihanna will get paid for the venture through royalties, profit sharing, and Parlux stocks.
THis gon be the hottest shit....can't wait till 2010!!!