Rich & Famous

Churchill painting owned by Angelina Jolie sells for $11.5M

“Tower of the Koutoubia Mosque” sold at Christie’s in London for 8,285,000 pounds ($11,590,715). The pre-sale estimate was 1.5 million pounds to 2.5 million pounds, and the previous record price for a Churchill painting was just under 1.8 million pounds.

Jay-Z and LVMH pop the cork in champagne tie-up

Jay-Z and LVMH LVMUY 1.12% Moët Hennessy Louis Vuitton SE are joining forces in the Champagne business, further cementing the alliance between the world of hip-hop and luxury as the COVID-19 pandemic saps sales of the festive wine worldwide.