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Nas hasn’t released an album in nearly 10 years now but financially Nas has been making moves. According to We Buy Black Nas is cashing out around $40 million after Ring has been purchased by Amazon.
Ring is a Doorbell Security company that Amazon has just aquired for $1.2 Billion dollars.
Nas, was reportedly one of Ring’s first investors. He and his business firm Queensbridge Venture Partners, have invested in several companies over the past few years such as Lyft, Dropbox, Rap Genius, and SeatGeek. They can add Ring to the portfolio.
Amazon to buy Ring, pioneer of the video doorbell, for $1.1 billion https://t.co/4FjZkDo2az pic.twitter.com/DDDIJCV0fy
— Forbes (@Forbes) March 3, 2018
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