News: Jay Z’s Barney’s Sales Revealed

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Jay Z’s deal with Barneys garnered a lot of criticism given the racial profiling allegations brought against the retailer but it’s brought in big money. According to insiders at the department store, the profits from the deal have exceeded $1 million. 100% of these proceeds will go to the Shawn Carter Foundation which helps low income students further their education at institutions of higher learning. Given that previous reports suggested the foundation had given away $1.3 million over 10 years, $1 million in a couple of months isn’t too shabby.  With the price that certain item are i would hope they make that much! lol

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