News

Nas About To Make Over $100 Million On Venture Capital Play

By HHL JT
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Nas's investment firm QueensBridge Venture Partners invested in Cryptocurrency exchange Coinbase in 2013.

QueenBridge tends to make investments of $100,000 and $500,000, meaning they have between 99,329 and 496,642 shares of the company.  Coinbase will be listed on the NASDAQ exchange Wednesday.

With a price target of $440, Nas's shares would be worth between $43.7 million and $218.5 million.  Even if Coinbase trades at its last private price of $350 per share, Nas would add between $34.76 million and $173.8 million to his net worth.

Nas has already made ten of millions through QueensBridge.

Wouldn't it be something if Nas end up richer than JAY-Z.

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Posted In: News Nas
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