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How Nas Achieved a Net Worth of $60 Million

Nas

For those who are unfamiliar, Nas is the stage name of Nasir bin Olu Dara Jones, a rapper who started rapping in the late 1980s and has showed no signs of stopping. Due to this, it should come as no surprise to learn that Nas is a very well-regarded figure in rap music, so much so that there are those who would name him as one of the best rappers that can be found out there. Perhaps unsurprisingly, this means that Nas has had a lot of financial success as well, as shown by the fact estimates show that his current net worth is around $60 million.

Net Worth$60 Million
NameNasir bin Olu Dara Jones
Age46
BornNew York City, New York
Birth DateSeptember 14, 1973
Source of WealthProfessional Rapper, Entrepreneur
CountryUnited States

How Did Nas Reach His Current Net Worth?

Background-wise, Nas started making music in the late 1980s. It took some time for him to raise his profile, but in 1992, he was contacted by MC Serch, who went on to secure a contract with Columbia Records for him. Eventually, Nas was able to release his first album Illmatic in 1994, which brought him a huge amount of positive attention from a wide range of sources. For example, there is at least one publication that has rated it as the best hip-hop album to have ever been released. Likewise, there were people who compared Nas to Rakim, who can be considered one of the most influential rappers ever.

Regardless, Nas became a name to remember with the release of Illmatic. Since that time, he has continued to make new music, which is why he has released 11 albums so far. Sometimes, his career has been smooth and uncomplicated. Other times, it has not been so. Whatever the case, it is clear that Nas is a major figure in the world of rap, meaning that it is probable that a significant chunk of his net worth has come from either his music or his music-related activities.

Of course, Nas has been involved in other revenue-earning activities as well. In particular, it is interesting to note that Nas has shown a fair amount of interest in business. For example, he owns his own sneaker store, which is on top of partial ownership in Mass Appeal Magazine, which in spite of its name, includes much more than just a magazine. Likewise, Nas has teamed up on a marketing campaign with Jas Hennessy & Co., which is the single biggest cognac house in the entire world with more than 40 percent of the market share. With that said, what is even more interesting is Nas's clear interest in tech start-ups. This can be seen in September of 2013, which was when he invested in a company that made a job search app. However, that was far from being the sole occasion, as shown by his involvement with everything from a job placement start-up to a post-production audio tool offered to interested individuals via the cloud.

Combined with the fact that Nas is also involved in other lines of business such as clothing and restaurants, it seems safe to say that he has found a fair measure of success in this regard. As a result, while Nas might be best-known for his music, it seems reasonable to speculate that his business interests have contributed to the gradual build-up of his net worth as well.

What the Future Holds

Currently, Nas's net worth is estimated to be $60 million. However, interested individuals shouldn't put too much faith into such figures. After all, estimates are just estimates, meaning that they are not 100 percent accurate for the simple reason that the people who made them don't have all of the information needed to come up with more precise figures.

For that matter, it seems probable that Nas's current net worth will continue to change as time continues to pass, not least because he remains active in both music and business. For example, Nas has just released an album in June of 2018, which was followed by an announcement that he was going to work on a previous album that had never been completed. Likewise, Nas teamed up with a soul food restaurant called Sweet Chick in 2015, which was followed up by the opening of a Los Angeles in 2017 that was in line with his intent to make the franchise a nationally-known one. Summed up, Nas is continuing to make more money, meaning that his net worth is likely to continue growing for the foreseeable future.

Garrett Parker

Written by Garrett Parker

Garrett by trade is a personal finance freelance writer and journalist. With over 10 years experience he's covered businesses, CEOs, and investments. However he does like to take on other topics involving some of his personal interests like automobiles, future technologies, and anything else that could change the world.

Read more posts by Garrett Parker

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