Lil Wayne & Kanye's New Business Ventures

Lil Wayne and Kanye West will expand their empires with new product launches later this year.

Weezy will introduce a champagne line called Halo consisting of four different variations of bubbly including Halo Brut, Halo Brut Vintage, Halo Rose, and Halo Pinnacle.

“Champagne is for celebrating. There are so many different business opportunities. I want to take advantage of it all. I’m ready to put my foot in a new door,” the New Orleans rapper said in a statement.

Kanye West told WWD that he is hooking up with luxury fashion brand Louis Vuitton to help design a collection of mens shoes for the label. The Louis Vuitton Don is also working on a womenswear line to hit stores this fall.