Jay-Z has a new business investment and it involves phone cases! Hov decided to invest in Pela, a brand that makes “100 percent compostable phone cases”.
The cases cost $30 to $50 if you’re interested in purchasing one and just closed a $5 million round of funding.
It’s the latest eco-friendly move for Jay-Z’s investment portfolio. He bought into Hipcamp, the self-described “Airbnb of camping” over the summer.