He might have received a lot of criticism for sticking to his partnership with Barneys New York after the retailer was accused of "shop and frisk" by several Black customers, but Jay Z was not about to let that money go so easily. According to the New York Daily News, the rapper's holiday collection brought in approximately $1 million in sales and its money that will be going towards his charity, the Shawn Carter Foundation.
Jay Z initially planned to donate 25 percent to the organization, but after the controversy surrounding Barneys, he decided to give away all proceeds from the collection. With luxury items like 18-karat gold double rings, leather backpacks, $70 T-shirts and an alligator skin watch that retailed for $33,900, you can see how the money quickly rolled in.
The Shawn Carter Foundation provides college scholarships for underprivileged youth.
BET.com always gives you the latest fashion and beauty trends, tips and news. We are committed to bringing you the best of Black lifestyle and celebrity culture.
Click here to subscribe to our newsletter.

(Photo: Otto Greule Jr/Getty Images)