Supermarket Mogul Ron Burkle Seeks Business Partnership With Jay-Z
Posted on Thu Dec 15, 2011 04:04 PM PDT

jayzburkle200.jpgNEW YORK, New York (X17online) - Billionaire entrepeneur Ron Burkle means business with Jay-Z.

Burkle, best known for his investments in supermarket chains, is reportedly looking to collaborate with Jay-Z in a number of business ventures, including the launch of international music festivals.

“I can’t deny we’re looking into that type of business. It isn’t necessarily producing [festivals] but you’re close. We’re making an investment that hasn’t really closed yet. He hasn’t talked to Jay about it. He’s just friends with these guys,” Burkle’s rep told Page Six.

The entrepreneur recently hosted an after-party for Jay-Z’s Watch the Throne show in Los Angeles.