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2024 marks a significant time in Hip-Hop history as the 30th anniversary of “Illmatic” — Nas’ debut album. The 1994 release brought the world classic songs like “The World Is Yours” and “One Love.” Since then, the native New York rapper has cemented himself in history as one of Hip-Hop’s elite voices. Born Nasir Jones, Nas started his journey as a prominent figure in Hip-Hop after the release of his 1992 single “Halftime,” appearing on the soundtrack for “Zebrahead,” a film centered around interracial dating. “Illmatic” would follow, and Nas would go on to produce several other top-charting albums. View this post on Instagram A post shared by Nasir Jones (@nas) An Iconic Rap Career Nas’ musical prowess has earned him a staggering 17 Grammy nominations. His recent win in 2021 for Best Rap Album with “King’s Disease” is a testament to his enduring talent and relevance in the industry. It is safe to assume that his multi-decade music career made most of Nas’ foundational wealth...
Nas is spearheading a plan to change the landscape of New York City. The music icon has partnered with Resorts World Casino New York City and its parent company, Genting America East, to revitalize his beloved Queens neighborhood. As reported by Commercial Observer, Genting America East executives, including the artist, shared plans for a $5 billion redevelopment endeavor to transform the Resorts World establishment into a “Las Vegas-style casino.” The blueprint for the project includes amenities such as 30 new opportunities for food and beverage vendors, a 7,000-seat performance space, and 1,600 new hotel rooms inside the existing Hyatt Regency at John F. Kennedy International Airport. Genting America East also proposed a 350,000-square-foot extension of the Resorts World casino floor. If approved, the move would position the casino as the largest gambling establishment globally, per the outlet. Beyond revenue-generating additions, the proposal includes housing units that could...
It looks like Nas’ music catalog could soon be up for grabs if the price is right. MC Serch reveals that he has begun taking offers for the sale of his ownership stake in the New York native’s catalog, which includes his debut album, “Illmatic,” and his sophomore album “It Was Written,” HipHopDX reports.
Fans will get a more in-depth look into the life of iconic rapper Tupac Shakur, thanks to an incoming soul food restaurant debuting in Los Angeles, CA, for a limited time only. AllHipHop reports The Shakur Estate will be opening the Powamekka Café in honor of the life and legacy of the late Shakur. The vision will be brought to light in partnership with Fixins Soul Kitchen and will be located near the Wake Me When I’m Free exhibit at LA Live.
Taking a trip down memory lane has gotten Nas wrapped up in a new lawsuit. After posting a photo of him, Tupac, and Redman from July 1993 to his Instagram, Hip-Hop photographer Al Pereira filed a lawsuit against him in February for sharing it without permission or licensing the work, according to HotNewHipHop. The popular photo was uploaded by the rap legend in 2020, which is three years after Pereira registered copyright, according to the outlet. He claims that the Instagram post took away from his work’s worth. Court documents reportedly show that Pereira “accused Nas of ‘profiting from the work’ while ‘using it to increase his social media status.'” Nas has yet to comment on the lawsuit.
Another day, another announcement of rappers dominating in the metaverse. On Feb. 10, Nas, Lil Baby, Gunna, and Baby Keem were participants in a $60 million Series A financing round for Everyrealm — a metaverse real estate company, Music Business Worldwide reports. The round was led by Andreessen Horowitz and included investors such as Coinbase Ventures, NGC Ventures, Dragonfly Capital, Hashed, Lightspeed Venture Partners, and more. The investments from the leading firms “marks one of the largest Series A rounds for a company led by a female CEO,” according to the company. Everyrealm’s CEO is Janine Yorio and is co-founded by TJ Kawamura, Julia Schwartz, Jesse Stein, and Kostas Ketikidis. Since its inception in 2021, the company has been a force in virtual real estate with holdings in 25 metaverse platforms, over 100 developed projects, and over 3,000 non-fungible tokens (NFTs). “Everyrealm creates innovative and addictive social spaces that are futuristic and interactive like video...
The African continent is the next stop for Nas’ investment portfolio. Bloomberg reports that the rapper has joined Andreessen Horowitz in a $20 million funding round for Carry1st, an African mobile games publisher. Google, Avenir Growth Capital, Riot Games, Konvoy Ventures, Raine Ventures, and TTV Capital were also investors in the round.
This is a case of Hip-Hop royalties gone wrong. Complex reports that legendary producer Pete Rock has plans in motion to sue rapper Nas over a claim of unpaid royalties for his involvement with the production of “Illmatic.” In the claims, Pete Rock alleges that he was never paid for his work on the groundbreaking album that was released in 1994. Not only did he produce the renowned track “The World Is Yours,” but he is also credited for helping to write the hit. “Nas and his people have stonewalled me since 1994,” said Pete Rock in an interview with Page Six. “My New Year’s resolution is to be compensated for my hard work on Illmatic.”
Nas was in a Twitter Space earlier today talking about the importance of his partnership with Royal, and he explained how this partnership wasn’t about the money for him. Instead, it was about empowering people to make financial decisions best suited for them. Join the party and tune into @Twitter Spaces live today at 2PM ET / 11AM PT 🌐🔐 THE DROPS ⬇️ 💎 Ultra Black: 1PM ET / 10AM PT 💎 Rare: 9PM ET / 6PM PT pic.twitter.com/4TezZdC6RF — MASS APPEAL (@MassAppeal) January 11, 2022 “Fractional ownership probably means a lot more to a lot of other artists than it does for me, but this isn’t really for the money for me,” Nas said on Twitter Spaces. “This is just a way to see how doing something like this can build and expand with the core base that I got and encourage artists.” For Royal CEO, co-founder, and renowned electronic artist Justin “3LAU” Blau, the partnership with Nas also meant democratizing the opportunity for NFT ownership, which can prove cost-prohibitive for the average...
The culture seems to continue to thrive in the cryptocurrency world. According to Complex, Hip-Hop icon Nas just teamed up with Royal, a blockchain-powered platform that allows fans the opportunity to invest in their favorite artists’ music. Together, they will sell extended versions of nonfungible tokens (NFTs) called limited digital assets, which include streaming royalty rights to two of Nas’ tracks.
Investment firms are a necessary part of the business world. But did you know that these celebrities helm up their own? From a tennis legend to several rappers, these twelve celebs are redefining what the names and faces of investment firms look like. No longer tied to “old-money white wealth” like Goldman Sachs, JPMorgan Chase, and Bank Of New York Mellon, these celebrities have proven that investments made back into the Black community pay off in much larger dividends…and cultivate goodwill in the long run. For example, Karan Wadhera — the managing partner for Snoop Dogg’s Casa Verde — even left his position in the “traditional” investment firm world to work with the legendary Doggfather on his venture. He told TechCrunch that he was driven to do so to shift people’s focus onto things that weren’t getting enough attention at the time (in Casa Verde’s case, Black ownership and cannabis investment). “We have a decent-size checkbook and a fairly high profile in this space, so we see...
Lyrical genius Nas has had music pumping through his veins for over 30 years, and shows no signs of slowing down. O n Wednesday, he revealed his newest partnership with MasterClass — an online platform for seasoned professionals to share their expertise — which is set to begin Oct. 14. https://www.instagram.com/p/CUqTg81AsIn/?utm_source=ig_web_copy_link The opportunity is a dream come true for the rapper, who at an early age was inspired by Motown and desired to learn more about the music industry outside of the business aspect. Now, as a pioneer, he isn’t comfortable simply existing within the music industry, but he wants to provide opportunities to open the door for new artists. According to Complex, Nas shared: “ MasterClass is a great thing for people to get the inside scoop on what’s going on with artists, producers, actors, and people. I think it’s dope that we take time out of our lives to sit down and think about what it took for us to get here, and think about our journey...
Audius — a free-to-use streaming platform built on blockchain technology — is coming in swinging to compete with Apple Music, Spotify and TIDAL . According to Rolling Stone, on Sept.16, the platform announced a $5 million round of strategic funding with investments from artists, such as businessmen Nas and Pusha T. “I believe [blockchains] might be the most important technology to ever hit the music industry,” Nas said in a statement. “Everyone who uploads to Audius can be an owner. You can’t say that about any other platform.” It’s known knowledge that artists’ pockets barely rely on the slow and minimal income from streams — but Audius is on a mission to change this misfortune. With the platform, artists will get paid promptly. Rolling Stone reports that with Audius, “90% of earnings move in real time — with 10% going to the community that makes the system run.” “The blockchain is enabling entirely new revenue streams for artists and creators, like NFTs, social currency, and...
Nas is more than just a rapper. To those who were born and raised in the culture, the man born Nasir bin Olu Dara Jones is one of the greatest emcees of all time. Arguably, he’s one of the GOATs. (“Ether” is a masterpiece, and this is a statement of fact.) He’s sold millions of records, and raked in millions of dollars, with music, merchandise, and performing. But today, Nas is more than just a rapper. He’s also proven himself to be quite the savvy businessman. Through his Queensbridge Venture Partners, he’s invested in more than 100 companies and has become a multi-millionaire in his own right. According to Celebrity Net Worth, he’s flipped all that money — and all that expertise — into a $70 million net worth. He also has some investments in real estate. In 2002, he purchased a 3,500-square-foot home in McDonough, GA, for $659,000. When he was married to Kelis, he also purchased a $1.6 million home in Los Angeles, CA. Even a small hiccup with the IRS wasn’t enough to deter Nas...