Jay-Z x Obama Raise 4 Mill At 40/40 Club
Jay went from pauper to the President... Cuz every deal he ever made set precedent. And here's another!! How's chilling with the president of the United States at your Manhattan night club for a precedent? If you could afford the $40,000 plate, it was $300 for Ace of Spades... Umm.. We'll have water.
President Barack Obama attended a fundraiser at Jay-Z's 40/40 Club in Manhattan that featured a champagne tower of 350 bottles worth $105,000 - more than twice the median household income of an American family.
The tower of $300-a-bottle Armand de Brignac Brut Gold, known as 'Ace of Spades' because of its label, is a permanent fixture at the club.
'It’s floor-to-ceiling gold bottles in the entire space,' a 40/40 representative told the New York Post. 'It’s beautiful—breathtaking. It’s the first thing you see when you walk in.'
The median income for an American family was $51,413 in 2011.
Some 100 people attended the $40,000-per-person event, which took place after Obama spoke to 200 donors at a $12,500-per-family reception at the Waldorf Astoria. The total campaign cash haul for the day was $6 million.
At the 40/40 Club, the singer Beyonce introduced Obama and said that she and her husband Jay-Z 'believe in his vision'.
Obama said: 'Let me just begin by saying to Jay and Bey, thank you so much for your friendship. We are so grateful. Michelle and Malia and Sasha are mad at me because they are not here.
'That doesn’t usually happen. Usually they’re like, we’re glad you’re going–we don’t need to go. But every time they get a chance to see these two they are thrilled, partly because they are just both so generous, particularly to my kids. And Malia and Sasha just love both of them.'
Obama stated that Beyonce “couldn’t be a better role model for our daughters because she carries herself with such class and poise'. He then compared himself to Jay-Z. 'Jay-Z now knows what my life is like. We both have daughters, and our wives are more popular than we are. So we’ve got a little bond there. It’s hard, but it’s okay.'
Like him, Beyonce and Jay-Z came from humble backgrounds, he said. 'And the good thing about so many of us here–and I know, I speak for Jay and Bey–is we remember what it’s like not having anything, and we know people who were just as talented as us that didn’t get the same break, the same chance.
