Nas Net Worth
Number of divisions: 24
What is the net worth of Nas?
Nass is an American rapper, songwriter, actor, entrepreneur and investor with a net worth of US$70 million. As you may know, Nas first gained international acclaim as a hip-hop artist. His 1994 debut album “Illmatic” is widely regarded as one of the greatest albums in hip-hop history. In recent years, he has received additional praise (and wealth) as an early-stage venture investor. Nas has received many successful early investments, mainly investments in technology companies. Some of Nas’ early technology investments include Dropbox, Coinbase, Ring Lyft, Genius, and Pluto TV.
early life
Nasir bin Olu Dara Jones was born in Brooklyn on September 14, 1973. His father Olu Dara is from Mississippi and his mother Fannie Ann is from North Carolina. His father is a jazz and blues musician. His mother works for the United States Postal Service. Nas has a brother, Jabari, who is also a rapper, known professionally as Jungle. Jabari is a member of the hip-hop band Braveheart. At the age of four, Nas picked up the trumpet and started playing. At the age of 9, Nas discovered a new genre of rap at the time. His parents divorced in 1985. Nas dropped out of school after the eighth grade.
Profession
In 1991, Nass performed in Main Source’s “Live at the Barbeque”. In mid-1992, thanks to the efforts of the then manager MC Serch, Nass signed a recording contract with Columbia Records. Nas made his debut in the single “Halftime” on the soundtrack of the movie Zebrahead, with MC Serch as the soundtrack. Nas’ outstanding rhyming skills have attracted attention in hip-hop circles.
Nas’ first album Illmatic was released in 1994. Illmatic has released several singles, including “It Ain’t Hard to Tell”, “One Love” and “The World Is Yours”. Illmatic was named the best album of 1994 by The Source. Nas’ second album It Was Written was released in 1996. The two singles “If I Ruled the World (Imagine That)” (featuring Lauryn Hill) and “Street Dreams” became a hit. It also features the company’s debut, which is a super combination of Nas, AZ, Foxy Brown and Cormega.
The company signed with Dr. Dre’s Aftermath Entertainment record label and began producing their first album. Halfway through the recording of the album, Cormega was fired by the band. Nature becomes the fourth new member of the firm. Nas, Foxy Brown, AZ and Nature Present The Firm: The Album were released in 1997 and received mixed reviews. Despite the platinum certification, the album did not perform well and The Firm was disbanded.
Nas released nine more albums: I Am… in 1999, Nastradamus in 1999, Stillmatic in 2001, God’s Son in 2002, Street’s Disciple in 2004, Hip Hop Is Dead in 2006, and Hip Hop Is Dead in 2008. Untitled, 20s Life is20s. He has been nominated for 13 Grammy Awards and 6 MTV Music Video Awards. He has been nominated for three BET awards and won one.
In November 2016, Nass collaborated with Lin-Manuel Miranda and others to create a song called “Wrote My Way Out”, which appeared on The Hamilton Mixtape.
(Photo by Dave Kotinsky/Getty Images)
Venture capitalist
Over the years, Nas has maintained a strong interest and insight into emerging technologies. He is the co-founder of the venture capital firm QueensBridge Venture Partners.
Over the years, QueensBridge has made dozens of investments, some of which have continued to increase in value. The company’s investment is usually between US$100,000 and US$500,000. The fund receives more than 100 referrals every month from new companies seeking funding.
Some of QueensBridge’s largest investments include Dropbox, Lyft, SeatGeek, General Assembly, Robinhood, Casper, Pill Pack, Pluto TV, Coinbase and Genius.
QueensBridge owned a small stake in Ring when it was acquired by Amazon for $1.1 billion in 2018. QueensBridge earned $40 million from Amazon by holding shares in Ring and Pill Pack.
In 2019, Viacom acquired Pluto TV for US$340 million.
QueensBridge is an investor in Coinbase’s 2013 Series B financing, which raised $25 million at a valuation of $143 million. By the time of Coinbase’s IPO in April 2021, QueensBridge’s investment value was between 35 million and 100 million U.S. dollars.
Nas is also a partner of Sweet Chick, a chicken and waffle restaurant. The first location was opened by John Seymour in 2013. From the moment Nas walked into Sweet Chick for the first time, he knew he wanted to join the hip-hop southern restaurant. Sweet Chick has branches in Brooklyn, Manhattan and Queens in New York, as well as branches in Los Angeles and London.
Ethan Miller/Getty Images
personal life
On June 15, 1994, Nas’s daughter was born. Destiny’s mother is Carmen Bryan, Nas’ former fiancee. Carmen later admitted that she had an affair with Jay-Z, Nath’s old enemy and rival.
Nas had a short date with Mary J. Blige.
Nas’ mother Fanlian died in 2002.
In 2005, after two years of dating, Nas married singer Kellys in Atlanta. In April 2009, Kelis filed for divorce when she was seven months pregnant on the grounds of irreconcilable differences. Kellys gave birth to Nath’s son Knight on July 21, 2009. The two finalized their divorce on May 21, 2010. In 2018, Kelly accused Nass of being physically and mentally abused during his marriage. Nass publicly accused Kelly of subjecting him to “very hostile behavior and abuse” and “physical violence.” The matter between the predecessors is still controversial. Kelly had remarried and had a second son, and she also refuted Nath’s statement that she kept Knight away from him.
In June 2020, Nas reunited with his predecessor, Carmen Bryan, to show family unity and celebrate the 26th birthday of his daughter Destiny.
IRS question
In September 2009, the U.S. Internal Revenue Service applied to Nas for a federal tax lien of more than $2.5 million to recover unpaid taxes dating back to 2006. At the beginning of 2011, his tax debt had increased to more than 6.4 million U.S. dollars. In 2012, it was reported that the US Internal Revenue Service had submitted documents to withhold part of Nas’s income until he paid the tax arrears.
Revenue highlights
Between September 2017 and September 2018, Nas made $35 million. Between September 2018 and September 2019, Nas made $19 million.
real estate
In early 2002, Nass bought a house in the Atlanta suburb of McDonough, Georgia, for $659,000. This 3,592 square foot home was built in 1999 and has two bedrooms, three full half bathrooms and a swimming pool.
In mid-2007, Nass and his then-wife Kellys bought a house in Los Angeles for $1.6 million. This 3,207 square foot home was built in 1947 and has four bedrooms and three bathrooms.
In November 2021, Nass purchased a home in Calabasas, California for 3.5 million U.S. dollars. The property occupies 10 acres.
