Jay Z invests in 'Uber for private jets

Despite mixed reactions to his investment in Tidal,Jay Z has moved on to the next investment. The rapper and businessman has invested in Jetsmatter,an uber app for private jets .The app built by 27-year-old entrepreneur Sergey Petrossev, claims to let anyone book a flight on a private jet in a matter of seconds.

Apart from Jay Z, other high profile investors include the Saudi Royal Family. The amount they have invested remains undisclosed.