
Source: Kevin Mazur / Getty
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.
Founder of Ring, Jamie Smirnoff said, “Ring is committed to our mission to reduce crime in neighborhoods by providing effective yet affordable home security tools to our neighbors that make a positive impact on our homes, our communities, and the world. We’ll be able to achieve even more by partnering with an inventive, customer-centric company like Amazon. We look forward to being a part of the Amazon team as we work toward our vision for safer neighborhoods.”
Nas has invested in several startups including Genius, Lyft and SeatGeek. The rapper hasn’t spoke out about his investment, but this is pretty exciting. Congratulation Nas on all of your success!
RELATED: Gary’s Tea: Should Kelis Get More Money From Nas? [EXCLUSIVE VIDEO]
RELATED: Why Kelis Is Asking For More Child Support Money From Nas
RELATED: Nas Reminds Fans Why He’s One Of The Greatest Rappers Alive [VIDEO]
The Latest:
- Soulja Boy’s Former Assistant Accuses Him Of Sexual Battery and Assault
- R.I.P. Gregory Sierra of ‘Sanford and Son’ and ‘Barney Miller’ Dies at Age 83
- Trey Songz Arrested After Physical Altercation With Officers At Kansas City Chiefs’ Game
- Candace Owens Becomes Mother To A Black Baby Boy
- Breonna Taylor Grand Jurors Want Attorney General Daniel Cameron Impeached
- Lil Kim Wants Teyana Taylor To Play Her In A Biopic
- Black Excellence: UCLA Gymnast Nia Dennis Stuns With Viral Floor Routine Incorporating Kendrick Lamar and 2Pac
- Broadcasting Legend Larry King Dies At 87
- Congress Grants Waiver For Lloyd Austin To Become First Black Secretary Of Defense
- Viral Sensation DJ Amorphous Lands Huge Placement On Fat Joe’s New Single “Sunshine”