Request Line: (870) 277-1080 [email protected]
Text Your Gift to KLEK1 to 44-321 LEARN MORE

Your Community Radio Station is possible thanks to this supporter!  Become an underwriter.

Nas: Legendary MC and Investor

September 14, 2018

Nas participates in the "Nas Live from the Kennedy Center : Classical Hip-Hop" panel during the PBS Television Critics Association Winter Press Tour on Tuesday, Jan. 16, 2018, in Pasadena, Calif. (Photo by Richard Shotwell/Invision/AP)

Nas participates in the “Nas Live from the Kennedy Center : Classical Hip-Hop” panel during the PBS Television Critics Association Winter Press Tour on Tuesday, Jan. 16, 2018, in Pasadena, Calif. (Photo by Richard Shotwell/Invision/AP)

Months-long tours and endorsement deals with companies such as Sprite and Hennessy enabled the highest earning Hip-Hop artists on our annual list to bring in an average $44 million over the past year. Some of them also have acquired lucrative equity stakes, including Nas, 44, who makes the list for the first time a quarter century after releasing his debut album.

A few years back, Nas kindled a friendship with venture capitalist Ben Horowitz at a dinner party and has since snagged stakes in Silicon Valley darlings including Lyft and Coinbase and online media such as Genius and Mass Appeal. His interest in these startups is only natural.

“Hip-hop artists are always advancing technology—from one turntable to two turntables and a fader,” said Nas.

He has already enjoyed some exits, including the reported $1.1 billion sale of doorbell startup Ring to Amazon in February.

“There wasn’t a time when rappers didn’t think about investing. It just so happens that the world is opening up.”

Nas pulled in a career best $35 million in all, but that’s only good for No. 6 on the list—this year’s king of Hip-Hop cash is his former rival, Jay-Z, who returns to the top spot with a staggering $76.5 million haul. The multifaceted mogul hit the road in support of his album 4:44 after welcoming twins with wife, Beyoncé, in 2017. This year he is kicking it up a notch with the launch of Everything Is Love, the couple’s first joint album, and a stadium tour, On The Run II.

Original article source: http://aurn.com/nas-legendary-mc-and-investor/ | Article may or may not reflect the views of KLEK 102.5 FM or The Voice of Arkansas Minority Advocacy Council

0 0 vote
Article Rating

Related Articles

Late Night Legislation: House Passes Voter Rights, Police Reform Acts

Congress passed two major bills late in the evening on March 3. The House approved H.R. 1, which is a government and elections reform bill to protect voter rights. The Read more

Civil Rights Leader Vernon Jordan Passes at 85

Civil rights leader Vernon Jordan has died at 85 years old. According to CNN, he died March 1. His cause of death is not known. The Atlanta native studied law Read more

What You Need to Know About COVID Healthcare Costs

If you are leery to seek treatment or testing for Covid-19 due to the cost, fear not, you are covered.  Despite the multiple reports of hospitals not disclosing to uninsured Read more

Cicely Tyson, Pioneering Icon, Passes At 96 Years Old

On Jan. 27, Cicely Tyson died at 96 years old. Her cause of death is not known.The Tony and Emmy winner was born December 19, 1924 in Harlem, NewYork. She Read more

Comments

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Your Community Radio Station is possible thanks to this supporter!  Become an underwriter.

Pin It on Pinterest