How has Nas Net Worth reached $50M from Rapping & Business Ventures

Nas, the popular American rapper, actor and entrepreneur is worth $50 million as of 2018. One of the greatest hip-hop artists, Nas has released eight consecutive platinum and multi-platinum albums.

Early Life

Nasir Bin Olu Dara Jones was born in Crown Heights, Brooklyn, New York City and raised in the Long Island City neighbourhood of Queens. He dropped out of his school after the eighth grade, when his parents filed for divorce.

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Nas married R&B singer Kelis in Atlanta in 2005, and the couple filed for a divorce in 2009 which was finalised on May 21st, 2010.

Career

Music

Nas is not new to music; his father, Olu Dara is a jazz and blues musician. During the early years, Nas played the trumpets and even began writing his rhymes. Nas’ first professional performance was in 1991 on Main Source’s “Live at the Barbeque”.

He released his debut album “Illmatic” in 1994 which was awarded as the best album of 1994 by “The Source”.

He became internationally famous after the release of his next album “It Was Written”, which debuted at #1 on the Billboard 200, and stayed on top for four consecutive weeks.

Nas, who recently released the song “Angel Dust” as the soundtrack for TV series “Get Down”, is currently working on his upcoming albums.

He has released about 11 albums including Illmatic, I Am, Nastradamus, God’s Son and Life is Good. Nas’ songs have been nominated for various awards, and he is the recipient of two BET Hip Hop Awards and Sports Emmy Award. He was ranked #5 by MTV on their list of “The Greatest MCs of All Time”.

In 2012, Nas was ranked #2 by The Source on their list of “Top 50 Lyricists of All Time. He was even featured on “The 10 Best Rappers of All Time” list by Billboard in 2014.

Film and TV Shows

Nas, also known by other stage names Nasty Nas, has appeared in few films, documentaries and TV shows including

  • Belly, In Too Deep
  • Hawaii-Five-0
  • Hidden Colors 3: The Rules of Racism
  • Nas: Time is Illmatic
  • Popstar: Never Stop Never Stopping
  • American Epic: The Big Bang

Business

Nas has entered into several business ventures. In 2013, he opened a sneaker store in Las Vegas called 12 am RUN. He owns his clothing line called HSTRY. He invested in “Mass Appeal Magazine” and also served as the publication’s associate publisher.

Nas has invested in various startups including “Proven” and “Koru”, a job search app, and “ViralGains”, a viral video startup. He is the co-owner of “LANDR”, an automated, drag-and-drop audio postproduction tool.

He also co-owns New York City soul food restaurant “Sweet Chick”. With his strong interest in new technology, Nas founded his own Venture Capital firm “Queensbridge Ventures” which has made several investments like Dropbox, Lyft, Robinhood, SeatGeek, General Assembly and Genius.

Nas Net Worth

The current net worth of the rapper is $50 million. His net worth has seen a steady increase over the years, thanks to his series of investments in business ventures.

Houses and Cars

Nas purchased a house property in 2002, in McDonough, Georgia. The house which sits on 3,592 sq. ft. area has two bedrooms, three bathrooms and a swimming pool. After his marriage to Kelis, the couple bought a house in Los Angeles for $1.6 million.

Nas owns a Rolls Royce.

Endorsements

Nas also earns millions from his endorsements deals. He endorses brands and products including 12Society, 21 Inc, 500 Startups and Balanced.

Philanthropy

Nas is a spokesperson for P’Tones Records, a non-profit after-school music program. The mission of the program is to create opportunities for urban youth through no-cost music program.

He is always keen on taking care of the less fortunate. He auctioned his first-ever-sold-piece during Art Basel Miami and donated all the proceeds for charity. He also helped to organise Saving Our Daughters, after Hurricane Sandy, to help low-income families with gifts during holidays.

He created a Crowdtilt campaign and raised over $60,000 to help a single father with eight children to build a house. The father, whose wife had passed away the year before had lost his house in the fire.

In 2010, he released a collaborative album “Distant Relatives” and donated all the royalties to charities in Africa.

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He also supports other foundations including Chris Webber Foundation, Common Ground Foundation, Save the Music Foundation and UNICEF.

Conclusion

Nas began to play the trumpet when he was just four and started to write the rhymes when he was around nine. Beginning a career in music at a very early stage, Nas has had a very successful career in both music and business. His investments in several ventures have uplifted his net worth within a very short span of time, and it is expected to grow.

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