Business Standard

Jay Z raises over USD 1 million for charity in just 6 weeks

Press Trust of India  |  London 

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Rapper Jay Z's luxury label has apparently raised more than USD 1 million in six weeks for a charity to help underprivileged children in attending colleges.

The 44-year-old singer has made the huge amount for his Shawn Carter Foundation charity, which helps underprivileged children go to college in the US, reported Contactmusic.

All profits from the sale of the goods at Barneys department store in Jay Z's hometown in New York went to the foundation, and the store also pledged 10 per cent of its entire store's profits.

Among the purchasers includes actress Gwyneth Paltrow who bought a haul of Christmas presents, spending USD 100,000.

"The proceeds are going to charity, so this is a win-win for Gwyneth, she gets to support a good friend and a good cause, and - of course - to give wonderful gifts," a source said.

Jay Z raises over USD 1 million for charity in just 6 weeks

Rapper Jay Z's luxury label has apparently raised more than USD 1 million in six weeks for a charity to help underprivileged children in attending colleges. The 44-year-old singer has made the huge amount for his Shawn Carter Foundation charity, which helps underprivileged children go to college in the US, reported Contactmusic. All profits from the sale of the goods at Barneys department store in Jay Z's hometown in New York went to the foundation, and the store also pledged 10 per cent of its entire store's profits. Among the purchasers includes actress Gwyneth Paltrow who bought a haul of Christmas presents, spending USD 100,000. "The proceeds are going to charity, so this is a win-win for Gwyneth, she gets to support a good friend and a good cause, and - of course - to give wonderful gifts," a source said. Rapper Jay Z's luxury label has apparently raised more than USD 1 million in six weeks for a charity to help underprivileged children in attending colleges.

The 44-year-old singer has made the huge amount for his Shawn Carter Foundation charity, which helps underprivileged children go to college in the US, reported Contactmusic.

All profits from the sale of the goods at Barneys department store in Jay Z's hometown in New York went to the foundation, and the store also pledged 10 per cent of its entire store's profits.

Among the purchasers includes actress Gwyneth Paltrow who bought a haul of Christmas presents, spending USD 100,000.

"The proceeds are going to charity, so this is a win-win for Gwyneth, she gets to support a good friend and a good cause, and - of course - to give wonderful gifts," a source said.
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