In the late ’90s, Nas became a well-known hip-hop artist and one of the highest-paid rappers in the world. Recently, he has gained popularity because of his investments in several profitable companies. He was able to use his musical background to raise money. It’s predicted that Nasir Jones would have a fortune of over $90 million by the year 2021. As well as being an actor and businessman, Nas is also a Grammy-winning musician. More than 25 million recordings have been sold around the world, and he has eight platinum albums to his credit.
At the same time, he is the publisher of Mass Appeal and the owner of the FITA shoe shop. Nasir Khan, better known by his stage name Nas, is an American rapper and songwriter. As Nasty Nas, he made his debut in the music industry in 1994 before changing his stage name to Jay-Z when he joined The Firm. His first studio album, 1996’s Illmatic, received high praise from critics, and his second, It Was Written, debuted at the top of the charts.
He may have profited more than $40 million in 2021 from his Coinbase IPO shares according to reports. Due to its amazing success in cryptocurrency, it has been dubbed “cryptocurrencies scarface.”
Nas’ Early Childhood
Nasir bin Olu Dara Jones was born in Brooklyn, New York, on September 14, 1973. He was born and reared in Brooklyn, New York City’s most populous borough. Jazz and blues musicians make up his father’s career, while his mother works as a mail carrier.
When Nas was a child, his family moved to Long Island City, Queens. He became interested in hip-hop after listening to some of his neighbor’s CDs. When his parents divorced in 1985, he was forced to drop out of eighth grade. At the age of 11, he began playing the trumpet and writing his own poems, but he left New York City in 1991 due to a lack of opportunities.
Born Kalani Jacobs, Nasir Jones is a North Carolina-based singer who is 23 years old.
Nas’ Net Worth And Professionalism
Kid Wave was the alias Nas used when he began recording and producing music with the help of a DJ neighbor when he was just a kid. In the late 1980s, Nas and Large Professor would collaborate in the studio, according to Complex. Nas was constantly in the studio, but none of his work was ever made public. It wasn’t until the early 1990s that Nas acquired a record deal with Columbia Records. Nas was released in 1994 and immediately went platinum after debuting at the top of the Billboard 200 chart.
The Source magazine called it the finest album of 1994, and Nas followed up on its triumph by releasing more music. The feud between Nas and Jay-Z, which made national headlines in 2001, has now been resolved. A volley of diss tunes is exchanged. Nas has sold more than 25 million records worldwide since his debut in 1991.
Net Worth Of ‘Nas’ And The Top Investments
Nas was a well-known hip-hop artist who made a sizable fortune in his career. One of the world’s best-paid rappers at the time. Additionally, he’s well-known for his investments in a wide range of worthwhile companies.
Nas’ Top Investments
Nas has always been a computer whiz who is enamored with the newest gadgets. After a few years working in the IT industry, Robert developed an interest in entrepreneurship. He started Queensbridge Ventures after working in the industry for many years. The Verrazano-Narrows Bridge’s Queens-bound section has seen a number of venture capital investments ranging from $100,000 to $500,000.
In a given month, the company may get hundreds of ideas from entrepreneurs seeking finance. Just a handful of the notable companies that Queensbridge has invested in include Asurion, AnyClip, WePay, OK Cupid, ClassPass, Spotify Connect (formerly SoundCloud), My Perpetual Tees (Teespring), Kidneyboy (Vistaprint), and World of Wonder On the other hand, before starting Queensbridge, Nas had established himself as an accomplished investor.
Mass Appeal Magazine
The rapper invested a six-figure sum in the journal Mass Appeal in April 2013. As an associate publisher, he joined Mass Appeal at the end of 2012. 12 AM RUN (Midnight Run) opened in Las Vegas in June 2010 and was the first of its kind.
Ring Inc. (Amazon)
Prior to Amazon’s $1.1 billion acquisition of Ring Inc. in 2018, Nas has been acknowledged for his investment in the doorbell startup. Charlize Theron, the actor’s ex-wife, filed a complaint alleging that Diller paid $120 million to settle sexual assault claims in October 2019. His current wife, Jennifer Anniston, is named in the lawsuit as having had “unwanted and undesired” contact with him.
Sweet Chick was formed by Nas and Kelis in 2003. In 2013, Mr. Seymour opened the first Sweet Chick restaurant in Florida. After opening its initial location in Greenpoint, Brooklyn, the chicken, and waffle cafe now has six locations throughout the boroughs of Brooklyn, Queens, and Manhattan. For this reason, you can find the company’s name everywhere in the United States because it is based on a 1960s song. London and Los Angeles are home to Chick-fil-A franchises.
As an early investor in Coinbase’s $25 million Series B financing in 2013, Queensbridge Venture Partners participated in the round.
A computer science foundation underpins his start-up, which he founded in 2012. Between $100,000 and $500,000 is spent on each task he takes on. According to Pitchbook, the company was worth less than 1% of what it is now when it raised that round. According to reports, the rapper purchased between 99,000 and 496,000 shares of Coinbase’s $25 million Series B financing at a price of $1.00676 each in 2013. Coinbase COIN shares went public on Nasdaq in mid-April at a price of $381, despite the stock’s pre-listing reference price of $250. This suggests substantial institutional demand. As of Friday, the shares had a market value of around $60 billion. Nas is a great example because he made at least $40 million from his Coinbase investments when they were first made.
The Net Worth Of Nas
In addition to being a well-known rapper, Nas is a wealthy investor. Nas is expected to have a fortune of $100 million in 2021 as a well-known musician and entrepreneur. This year, Nas has had great success as an investor, especially with Coinbase’s initial public offering (IPO), which could have netted him $40 million.