Jay-Z set to profit from Occupy Wall Street with new clothing line
Rapper/entrepreneur Jay-Z has started a new collection of t-shirts on his Rocawear line playing off the Occupy Wall Street movement. The shirts, which sell for $22.99, read "Occupy All Streets." But this is where the fun starts.
According to Business Insider, Mr. Z has no plans to distribute any of the profits from the shirts to the protesters.
Rocawear says in a statement, "The 'Occupy All Streets' T shirt was created in support of the 'Occupy Wall Street' movement. Rocawear strongly encourages all forms of constructive expression, whether it be artistic, political or social. 'Occupy All Streets' is our way of reminding people that there is change to be made everywhere, not just on Wall Street. At this time we have not made an official commitment to monetarily support the movement."
This is the second high-profile example of corporate America looking to make a quick buck off the 99 percent. In Oct., MTV filmed an episode of their " True Life" series about the experiences of three Occupy Wall Street demonstrators.