Beyonce interested in buying a Stake in the Houston Rockets
Their combined net worth keeps growing, thanks to Jay Z's business acumen . Jay has invested in a lot of companies which have paid off.
Most recent investments were Tidal and Ace of Spades. Now, it appears his wife, and superstar Beyonce, is borrowing a leaf from his ''business book'''.
According to Bloomberg, Beyonce is looking at investing in the National Basketball Association’s Rockets, according to people familiar with the matter.
Rockets owner Les Alexander, a former bond trader, said last month he was selling the team amid a surge in franchise values across sports. The club’s popularity in China may push the sale price past the record $2 billion Steve Ballmer paid for the Los Angeles Clippers three years ago.
Alexander paid $85 million for the Rockets in 1993.
Jay-Z, once held a less than 1 percent stake in basketball’s Nets. He sold his share of the team after starting Roc Nation, which represents athletes.
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