Nas rose to fame as a hip-hop artist, and at the height of his career, he was one of the world’s highest-earning rappers from the United States.. More recently, he has become well-known for his investments in a variety of profitable brands. He was able to build his investments from his original source as a rapper. As of 2021, Nas has a net worth of nearly $100 million.
Nas is a hip hop record producer, entrepreneur, and actor He has sold over 25 million records worldwide and has had eight platinum albums in a row. Nas has his own record label, a FILA sneaker store, and works as an associate publisher for Mass Appeal magazine. Nas’ net worth is estimated to be around $100 million as of 2021 primarily from his investments.
In 2021, it is reported Nas could have easily made over $40 million alone from his investments in the Coinbase IPO. Due to such a large success in cryptocurrency, has been dubbed the cryptocurrency scarface.
|Real Name/Full Name:||Nasir bin Olu Dara Jones|
|Age:||47 years old|
|Birth Date:||14 September 1973|
|Birth Place:||Crown Heights, New York, United States|
|Wife/Spouse (Name):||Kelis (m. 2005–2010)|
|Children:||Yes (Destiny Jones, Knight Jones)|
|Profession:||American rapper, songwriter, entrepreneur and investor|
|Net Worth in 2021:||$100 million|
Nas’ Early Childhood
Nasir bin Olu Dara Jones was born on September 14, 1973, in Brooklyn, New York. His mother worked in the postal service, and his father is a jazz and blues musician.
Nas’ family relocated to Queens’ Long Island City neighborhood when he was a child. His initial interest in hip hop was influenced by his neighbor, who played him records.
He dropped out of school after the eighth grade after his parents divorced in 1985, but he began playing the trumpet and writing his own rhymes.
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Nas’ Net Worth & Career
Nas began recording music as a teenager under the alias “Kid Wave,” with the assistance of a neighbor who served as his DJ. Nas would go to the recording studio with Large Professor in the late 1980s. Nas frequently produced in the recording studio, but none of his work was ever released. Nas was signed to Columbia Records in the early 1990s, and his debut album was released in 1994. The Source named it the best album of 1994, and the album’s success fueled more Nas hits.
Nas went on to release a slew of albums over the years, and his feud with Jay-Z made headlines in 2001. With each of them firing diss tracks at the other.
As of 2021, Nas has sold over 25 million records worldwide.
Nas’ Net Worth & Top Investments
Nas rose to fame as a hip-hop artist, and at the height of his career, he was one of the world’s highest-earning rappers. More recently, he has become well-known for his investments in a variety of profitable brands.
Nas’ Top Investments:
Nas was always a tech enthusiast who was always interested in newer technology. His interest in technology eventually led to the formation of his own venture capital firm, QueensBridge Ventures.
QueensBridge has made several investments over the years, ranging from $100 to $500,000. In a given month, the company may receive more than 100 pitches from startups looking for funding. Parachute, Dropbox, SeatGeek, Lyft, General Assembly, Pluto TV, Genius, Pill Pack, Casper, and Robinhood are among the notable brands funded by QueensBridge.
Nas, however, had already established himself as a successful investor prior to founding QueensBridge.
2. Mass Appeal Magazine
In April 2013, the rapper made an undisclosed six-figure investment in Mass Appeal Magazine. He later became the Mass Appeal’s associate publisher. In June of that year, he opened his own sneaker store in Las Vegas called 12 AM RUN or Midnight Run.
3. Ring Inc. (Amazon)
In addition to QueensBridge, Nas is remembered for investing in Ring Inc. before Amazon purchased the doorbell company for $1.1 billion in 2018. He reportedly had a minority stake in the company and was compensated $40 million for his stakes in Ring Inc. and Pill Pack.
4. Sweet Chick
Nas is also a co-founder of Sweet Chick. John Seymour opened the first Sweet Chick location in 2013. The chicken and waffle restaurant has since expanded to several other New York locations, including Brooklyn, Queens, and Manhattan. Sweet Chick has locations in Los Angeles, California, as well as London, England.
Jones’ QueensBridge Venture Partners was an early Coinbase investor, participating in the company’s $25 million Series B round in 2013. His company typically invests between $100,000 and $500,000 per project. According to Pitchbook, that round valued the company at around $150 million—less than 1% of its current value.
According to reports, the rapper participated in Coinbase’s $25 million Series B round in 2013, purchasing between 99,000 and 496,000 shares at a price of $1.00676 per share.
Coinbase COIN shares debuted on Nasdaq in mid-April at $381, indicating strong institutional demand, despite the stock’s pre-listing reference price of $250. The stock closed at $297 on Friday, with a market capitalization of nearly $60 billion. Nas, who could have profited by at least $40 million from his early Coinbase investments
Nas’ Net Worth
As a famous rapper and wealthy investor, Nas has a net worth of over $100 million in 2021. Nas is a savvy investor and has had great success recently, especially with the Coinbase IPO, which could have potentially netted him over $40 million alone.