Jay-Z Clarifies Rocawear/ Billionaire Boys Club Partnership
Jay-Z Clarifies Rocawear/ Billionaire Boys Club Partnership

Jay-Z took to Twitter today (August 3) to correct the report that Rocawear was buying Pharrell's Billionaire Boy Club. "Partnering with @4real4rell on BBC" follow him.. (Not "buying" as GQ erroneously reported.)," Jay tweeted.

Hov is expanding his empire. Rocawear -- co-founded and overseen by the MC and owned by Iconix Brand Group -- will be partnering withBillionaire Boys Club, not owning "the licensing to manufacture and distribute Billionaire Boys Club," as GQ had reported.

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Jay-Z and Pharrell will be working together to heighten the success of the Neptunes' Pharrell Williams and Nigo's clothing establishment, sources tell GQ.