According to the Daily News, Jay Z and his longtime business partner, John Meneilly, have decided to split from one another. While he was not well known in the public, Meneilly was an integral piece of Jay’s inner circle and a trusted confidant. The rapper-turned-mogul was reluctant to call him his manager, even though the ex-Provident Financial executive did majority of the work to fill this role.

Like most of Jay’s moves, the split is shrouded in mystery, with almost nothing coming out of both camps. However, there are conflicting accounts on how the decision was handled: one source claims that this was planned months in advance and that it was”mutual and amicable” , while a second claims that Meneilly didn’t want to go at all.

Meneilly has been with Jay since Rock-A-Fella, helping to build the now dominate empire from the ground up. He was played a major role in the launching of Rocawear, facilitating the Magna Carta Holy Grail Samsung deal, the creation of Roc Nation and its conversion into a talent management group. Meneilly has put in his work.

We will update this story as it develops, so keep it locked to the Source.

Jimi (@Nativejimi)