Nas makes boss moves.
Nas spent the mid-2000's caught up in a messy divorce and legal battle with Kelis that left his bank account much lower than it was previously. Now, the Godson is stacking his bread, making boss moves, and climbing back to the top of the financial mountain. Nas placed 6th on Forbes Cash Kings list last year, raking in $35 Million. Nas' Queensbridge Venture Partners firm is the main source of his bolstered income. QVP invested in home security start-up Ring and online pharmacy PillPack, both of which were scooped up by Amazon for $1 billion each. Lyft, Dropbox, and Coinbase are just a few of the other companies that QVP invested in that made Nas a ton of money.
As reported by theWall Street Journal, QVP just had another major come up. Nas' firm invested in Pluto, a video streaming service, and Viacom just purchased it for $340 million. Pluto gives users over 100 streamable live TV channels and on-demand programs for free. "Thanks for the warm welcome @Viacom," wrote Pluto on Twitter. "We are so excited to join the family. With the power Viacom, Pluto TV will accelerate our mission of entertaining the planet." There's no word how much Nas is making off the deal, but we would expect a few M's to drop in his account from the deal.