Nas is not only a successful rapper, but a great businessman too. He recently earned $40 million by investing in Ring, a smart doorbell company. Vibe reports that Ring made over $415 million last year in sales, which is a major jump from its $170 million sales in 2016.
What rappers invest in Ring doorbell?
Nas
An early investment that Nas made on a smart doorbell company is now paying off. As one of the first investors in Ring, a doorbell security company, Nas will now receive over $40 million now that the company has been acquired by Amazon for $1.2 billion, according to a report from webuyblack.com.
Who invented Ring NAS?
SEATTLE In 2013, inventor Jamie Siminoff brought his idea for a video doorbell to TV’s “Shark Tank,” hoping to find a backer for his new company. The sharks flatly rejected him. But the product, Ring, became a huge hit, and Amazon purchased his company in 2018 for over $1 billion.
Does Nas own LYFT?
Nas is the founding partner of QueensBridge Venture Partners (QBVP), launched in 2014. QBVP has made some savvy investments in internet brands such as direct-to-consumer mattress company Casper, ticket reseller SeatGeek, digital media brand Genius, ride-sharing service Lyft, and cloud storage service Dropbox.
How much did Nas make from Coinbase?
Rapper Nas Scored $40 Million From Coinbase’s IPO. It’s no secret that cryptocurrency exchange Coinbase’s IPO made a lot of people money, but one surprising winner was Nas, the iconic east-coast rap icon.
Is Shaq invested in Ring?
In 2016, Shaquille O’Neal acquired an equity stake in Ring, and subsequently became a spokesperson in the company’s marketing. The company raised over $200 million in investments from Kleiner Perkins Caufield & Byers, Qualcomm Ventures, Goldman Sachs, DFJ Growth and Sir Richard Branson.
Does Shaq own ring doorbell?
Shaq thought that was outrageous, so he bought a Ring doorbell for $300. He loved it and got in touch with Ring’s founder and CEO Jamie Siminoff.
What company did Nas invest in?
Nas was an investor in Dropbox Inc (NASDAQ: DBX), Casper Sleep Inc (NYSE: CSPR) and Lyft Inc (NASDAQ: LYFT). Nas is also an investor in privately held SeatGeek. PillPack and Ring, two investments made by Nas, were acquired by Amazon.com, Inc.
What does Nasir Jones own?
Jones investing up to $500k into small technology-based startup companies. These companies include direct-to-consumer mattress company Casper, ticket reseller SeatGeek, digital media brand Genius, ride-sharing service Lyft, and personal cloud storage service Dropbox to name a few.
Does Nas own Hennessy?
Hennessy, the number one selling Cognac brand in the world, announced that its Wild Rabbit campaign will continue for a second year.
How did Nas get rich?
In recent years he has gained additional acclaim (and wealth) as an early-stage venture investor. Nas has landed a number of successful early investments, primarily in technology companies. Some of Nas’ early tech investments include Dropbox, Coinbase, Ring Lyft, Genius, and Pluto TV.
Is Nas a Millionaire?
Nas has sold over 25 million records worldwide, which is an incredible achievement; and As of 2021, Nas’ net worth is $70 million, making him one of the richest rappers in the world.
| Net Worth: | $70 Million |
|---|---|
| Age: | 47 |
| Born: | September 14, 1973 |
| Country of Origin: | United States of America |
| Source of Wealth: | Professional Rapper |
How much did Kevin Durant make with Coinbase?
Kevin Durant Scores With $86 Billion Coinbase Valuation.
Who got rich from Coinbase IPO?
Already, Coinbase’s CEO Brian Armstrong became a billionaire as his approximately 40 million shares became worth about $16 billion, CNN reports.
Does Shaq own Krispy Kreme?
The Krispy Kreme franchise is partially owned by basketball legend and sports commentator Shaquille O’Neal.
How many Papa John’s franchises does Shaq own?
He also owns a Krispy Kreme location in Atlanta and is reported to be interested in taking on another 99 stores in the future. In March 2019, O’Neal joined the board of directors of pizza chain Papa John’s, a deal that saw him invest in nine Papa John’s stores in Atlanta.
Does Shaq own 5 guys?
Shaquille O’Neal sold the Five Guys franchises and started his own fast-food restaurant. Though Shaquille O’Neal could have easily kept his Five Guys franchises, he decided to sell every single one in 2016.”Money doesn’t last forever,” O’Neal told CNBC of his financial decisions.
What did Amazon buy ring for?
Ring Founder Jamie Siminoff’s Keys
Founder of electronic doorbell company Ring, in 2012. Amazon bought it for more than $1 billion six years later.
Are rings profitable?
Ring has also been expanding beyond doorbells, with half its revenue coming from an array of motion-activated night-vision cameras equipped with video, speakers, LED lights and sirens, which helped drive Ring’s 2017 revenue to $415 million, more than double the $170 million it banked in 2016.
How much does Shaq O’Neal make a year?
As of 2021, Shaquille O’Neal is worth $400 million. Celebrity Net Worth confirms that the superstar athlete-turned-sportscaster brings in a $60 million salary each year between his residuals, his various endorsement deals, and his NBA commentator gigs.
What are Jay Z investments?
Here, we decided to take a look at the Black-owned companies that Jay-Z has invested in through the years.
- Savage X Fenty. Photo Credit: Kevin Mazur.
- Perch Credit. Photo Credit: Kevin Mazur.
- Partake Foods. Courtesy of Partake Foods.
- Promise. Courtesy of Promise.
- Scratch. Photo Credit: Kevin Mazur.
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