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Jay-Z Receives $7.2 Million Cost!!! Full the Parlux Fragrance Saga
6/8/2023 12:45 am PT
Jay Z is no less than $7 million richer than he was a day in the past, and the cash means he can lastly put a authorized battle that has lasted greater than seven years behind him.
TMZ Hip Hop discovered that Paralux Fragrances remitted $7,259,061.31 to Jay’s crew on Wednesday — what the corporate owed him after shedding the lawsuit filedAgain in January 2016, he claimed the mogul had failed to satisfy his promotional obligations for Cologne’s Gold Jay-Z.
As we reported, a jury determined in favor of Jay Greater than a yr in the past, nonetheless, Parlux had filed an attraction… which it misplaced final week. In consequence, the corporate was ordered to pay the court-ordered $6.8 million plus curiosity.
Right here’s a fast rundown of how lengthy the Parlux battle dragged on: On the time the lawsuit was filed, Jay-Z was value roughly $610 million, in line with Forbes. Seven years later he has greater than quadrupled that quantity!!!
Whereas $7 million could be like profitable the lottery for many of us, for somebody as profitable as Jay, it’s a drop within the bucket.
TMZ ran the story… he and Beyonce simply paid $200 million – CASH, no much less – for it new mansion in Malibu. It’s the costliest actual property deal in California historical past and the second largest in US historical past, plus additionally they have a $100 million dwelling in Bel-Air.
So, finally, $7.2 million ought to cowl LA County’s excessive property taxes… for a few yr.
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