Jay Z can’t stop investing in private jet companies

James Covert
Tue, 13 Dec 2016 00:53:42 -0500

Jay Z is plowing millions into yet another private jet service — and this time he’s hoping it won’t crash and burn. The rapper tycoon on Monday joined the Saudi royal family in a $105 million financing round for JetSmarter, an app that books private jets on demand, valuing the company at $1.5 billion. That’s...