hangpeng Zhao, the founder and CEO of Binance, is the wealthiest person in crypto, worth an estimated $65 billion, according to Forbes' 2022 Billionaires rankings, published on Tuesday April 5. On Wednesday, Coinbase is expected to debut at $350 per share. Though hes kept his total investment in Coinbase private, the pro athletes investment firm Thirty Five Ventures typically invests anywhere between $250,000 to $1 million into a company. The stock peaked at $429. His foray into venture investing was born back in 2013 when he made a six-figure investment in a defunct media brand called "Mass Appeal." QueensBridge has mastered investing in companies in the startup stages. All Rights Reserved. Back then, it was worth roughly $143 million. Millionaire Rapper Snoop Dogg Invests in Billion Dollar Fintech Klarna. "Coinbase listings have the highest average return standing at 91%, but also have the widest distribution of ranging from -32% to 645%," wrote Roberto . Long crypto forever. in sickness & in health, Jones tweeted this morning, just hours before Coinbase started trading. Rapper Nasir Jones, known better as Nas, has emerged as an unlikely winner in today's Coinbase IPO. Nas ' investment firm, QueensBridge Venture Partners, could be banking big on Coinbase going public on the Nasdaq via a direct listing on Wednesday. Cryptocurrency exchange Coinbase Global finally went public Wednesday afternoon at a valuation of nearly $100 billion, as the company takes advantage of surging demand (and prices) for bitcoin . This week they announced an unlikely new minority shareholder in US rapper Snoop Dogg. Entrepreneurs Summit Support us by whitelisting our site. 18. An insider said, according toCoindesk,that Nas is good friends with Ben Horowitz,who is a co-founder of Andreessen Horowitz, a key company that invested in Coinbase. NYC rapper Nasir Jones, known to the world as Nas, creator of the seminal. Based on my back of the spreadsheet calculations, the value of the remaining streams for the song Rare are worth as much as $1.7M, and as little as $224K. With a standard IPO, a network of investment banks undertake a "roadshow" where they present the company's financials to investors with the goal of establishing a debut price. env: 'prod', The basketball star is known to make start-up investments. Eight years later, Coinbase is scheduled to go public and be listed on NASDAQ Wednesday (April 14th), which could potentially bring its value to $100 billion. 02/25/2023. As you probably know if you've been even a casual CelebrityNetWorth. Today, Robinhood's worth $32 billion. Nuseir Yassin (Arabic: ; Hebrew: ; born9 February 1992) is an ArabIsraeli vlogger who is most notable for creating over 1,000 daily one-minute-long videos on Facebook, TikTok and Instagram under the page Nas Daily. playerId: '54515f60-b777-49b5-9cdd-1ec71c3b2620' The New York hip-hop legend is becoming a co-owner of Escobar Cigars, an upstart label. What is Palantir's competitive advantage? He made one of the most extensive investments in a doorbell company named Ring. This means Durant's stake will have increased 6,150 percent, Marketwatch reports, though it is unclear how much the sports star put in. The New World of Sync: How Two Sync Music Pros Are Surviving COVID-19, Tunefinds 2022 Top TV Placements Show Sync Opportunities for Catalog Tracks Are Stronger Than Ever, Is Sync the New Radio? 8 7 = .hide-if-no-js { 2023 Celebrity Net Worth / All Rights Reserved. SOPA images. As one of the first investors in Ring, a doorbell security company, Nas will now receive over $40 million now that the company has been acquired by Amazon for $1.2 billion, according to a report from webuyblack.com. In other cryptocurrency news, Bitcoin spikes to all-time high of $63,000 USD ahead of Coinbase listing. Nas invested in Coinbase through his portfolio company Queensbridge Venture Partners. The Node The biggest crypto news and ideas of the day. 32. Shiba Inu Price Prediction 2025 It is assumed that in 2025, the minimum SHIB price might drop to $0.00004255, while its maximum can reach $0.00005170. But now with its increased valuation, Durants investment is said to be worth 53 times what it was four years ago, Marketwatch reports. Nas has also invested in hot properties like Genius, Dropbox, Lyft, and SeatGeek. As you probably know if you've been even a casual CelebrityNetWorth reader over the last few years, Nas is an extremely successful venture capital investor. Other major cryptocurrency exchanges like Gemini and Stellar had not yet been founded. The specific amount is not known but Anthony Saleh, a partner at. baseDivId: 'pb-slot-right-1', Coinbase slid 4.85% Thursday. In April last year, the Shiba Inu market cap barely registered anything but in April 2022 there are well over 1,000 Shiba Inu wallets valued at over $1 million. With over 47 million followers across his social media channels, his videos are available in 13 languages today. The Marvel and Disney+ series only has two episodes left. At that point a single Bitcoin cost around $130. When Nas said "I'm coin-based, basically cryptocurrency Scarface" I really felt that. Which coin can make you a millionaire? The price of Bitcoin fell about 3% Thursday, trading around $40,000, according to CoinDesk. The price of Nebulas has risen by 5.02% in the past 7 days. A quick-increasing number of music-industry figures and companies are making plays in the cryptocurrency space. How much did Nas make off of Bitcoin? How much did Chamillionaire sell his app for? There wasnt a time when [rappers] didnt think about investing, says Nas. Refresh page. It is based on real data from my account. Your Promocode. An early investment that Nas made on a smart doorbell company is now paying off. How much did Nas make off of Bitcoin? INFORMATION He used to once work at McDonalds flipping burgers but now, he is the richest crypto billionaire. Valid for new Coinbase users who make a cryptocurrency purchase on Coinbase. billionaire Sam Bankman-Fried What company is Nas invested in? ]); According to CoinDesk, this would make his share quantity range anywhere from 99,329 496,642. [caption id="attachment_218302" align="aligncenter" width="590"] Birdman[/caption] (more). 7. The price declined by 0.57% in the last 24 hours. One fan tweeted that Nass offending line immediately enters the Nas tech talk lexicon right alongside Google Earth Nas, I got flats in other continents. 21, 2020. Jones QueensBridge Venture Partners was an early backer of Coinbase, joining the companys $25 million Series B round in 2013. Shiba Inu Price Prediction 2025 It is assumed that in 2025, the minimum SHIB price might drop to $0.00004255, while its maximum can reach $0.00005170. Other cryptocurrency companies also shelled out millions of dollars for their commercials to be featured during . QueensBridge makes early-stage investments between $100,000 and $500,000, according to co-founder Anthony Saleh. Subscribe to Newsletter tude.refreshAdsViaDivMappings([ { The market value of the rapper has thus also shot up. Since Jay-Z also mentions his investment portfolio, some fans see it as a misguided attempt from both rappers to capture 2021s zeitgeist while flexing their personal wealth. Nebulas is 99.82% below the all time high of $16.64. Nas performs onstage at the Northside Festival on June 7, 2019 in Aarhus, Denmark. ETH has been at the forefront of a blockchain smart contract platform. When the exchange goes public this week, he could rake in over $100 million. The total amount of his funding was $4.5 million. In just the past hour, the price grew by 0.31%. The transformation of value in the digital age. Born Hakeem Seriki in Washington D.C., the rapper actually began his entrepreneurial journey in 2004 when he founded his own record label called Chamillitary Entertainment. For now, the . B.E. targeting: { } His investment group, QueensBridge Venture Partners, jumped on a Series B investment for Coinbase back in 2013, when the company raised $25 million. Sniping the . With the launch of two crypto futures . $40 million Buy Bitcoin Cash Market Market stats Market cap $2.4B Volume (24h) $219.5M Circulating supply 19.3M BCH Typical hold time 55 days Popularity #22 All time high $4,355.62 Price change (1h) +0.37% Price change (24h) -5.76% Price change (7d) With Coinbase shares being around $1 at the time of his early 2013 investment, if Nas purchased 500,000 shares, he could be seeing a return of around $165 million. env: 'prod', How long does it take to discover a data breach? It's no secret that cryptocurrency exchange Coinbase's IPO made a lot of people money, but one surprising winner was Nas, the iconic east-coast rap icon. Masthead. The late rappers family also warned the public of scammers trying to profit from his death. cnx.cmd.push(function() { Coinbases debut on the Nasdaq on April 14 at the $100 billion valuation will mark the first official juncture between the traditional financial avenue and the alternative crypto path, according to Swissquotesenior analyst Ipek Ozkardeskaya. Make A Statement. He later invested in Maker Studio, a multipurpose digital platform, which was sold to Disney for a reported $500 million in 2014. Nas tweeted yesterday: "Long crypto forever in sickness and in health.". According to Coindesk's analyses, if QueensBridge's average investment is between $100,000 and $500,000, the VC firm would have bought between 100,000 and 500,000 shares at that round. Royal enables fans to be a part of the artists' journey by selling song rights as NFTs, giving a chance for anyone to own a piece of their favorite musicians' songs and earn royalties with the artist. window.tude = window.tude || { cmd: [] }; After Coinbase went public on Wednesday, its shares closed at $328 on the opening day leading to a company valuation of over $85 billion, Newsweek reports. That value could also rise to$43.7 million and $218.5 million, respectively, if Coinbase shares trade at investment bank DA Davidsons new price target of $440, Coindesk reports. The specific amount is not known but Anthony Saleh, a partner at QueensBridge, told CNBC the group tends to invest between $100,000 and $500,000 in a company. (This is according to Forbes' reporting, which has been disputed by some rappers in the past.) divId: 'div-gpt-ad-rightrail-3', The current circulating supply is 63,766,329.591 NAS. How much money did Nas make on Coinbase? url: 'kevin,durant,and,nas,earn,huge,payouts,as,early,coinbase,investors', Since 1970, BLACK ENTERPRISE has provided essential business information and advice to professionals, corporate executives, entrepreneurs, and decision makers. 2023 Hypebeast Limited. Said hub launched an invite-only beta earlier this month. [AUDIO] Lil Kims Baby Daddy Says Couple Expecting A Boy + Denies Break-Up Rumors: Thats my wife.: Beyonce, Behind the Scenes of L'Oreal Ad: Basketball Wives Tami Roman Returns to Twitter, Im mentally rejuvenated..: [VIDEO] 50 Cent Brings Out Eminem @ #SXSW, Watch the Full 60 Minute Show: [Exclusive] Church Pew Hustlin :: Is LisaRaye Dating A Well-Known Pastor? It has just reported preliminary results for the first quarter of 2021, with revenue surging to US$1.8 billion. display: none !important; After all, money is his honey. If you think you missed the chance to become one of many Shiba Inu millionaires over the past year, here's why you should check out EverGrow Coin. url: 'kevin,durant,and,nas,earn,huge,payouts,as,early,coinbase,investors', > 50% profit. Here is a breakdown of how much money Nas Daily accounts earn from ad revenue in 2022: Nas has started several business ventures outside of music, including Queensbridge Venture Partners, and has invested in Lyft, Robinhood, and PillPack. Economic Equity & Racial Justice Townhall Series, Elevate Black Podcast sponsored by Fifth Third Bank, 100 Founders of Change by American Express, Chasing Success Podcast by JP Morgan Chase, Black Business Month Sponsored by Nationwide, 2022 Registry Of Corporate Directors Listing, 2021 BE Registry Of Corporate Directors Listing. Create your account. 44. kw: 'mandc,kevin-durant,nas', It earned $40 million when Amazon bought doorbell and security company Ring in 2018. Like previous years, JAY-Z took the number one spot, netting $76 million, followed by Diddy, who took home $64 million. Conversation. Ring is a home security company that manufactures security cameras and doorbells. How much did Chamillionaire sell his app for? What happens when no more shares to short? SistersInc. According to research put together by Coindesk.com, Nas has a stake in Coinbase that could be worth well over $100 million. So, I really, really, really hop Nas decided to sell at some point in the last year. Coinbase is valued. In addition to Coinbase, Durant holds investments in companies like Postmates, Acorns, Andbox, and alternative-asset-management company Alt. With Coinbase trading at an average price of $350 yesterday, Nas and his VC firm stand to earn between $34.76 million and $173.8 million ROI, according to Coindesk. Nas has started several business ventures outside of music, including Queensbridge Venture Partners, and has invested in Lyft, Robinhood, and PillPack. COMPLEX participates in various affiliate marketing programs, which means COMPLEX gets paid commissions on purchases made through our links to retailer sites. display: none !important; With a direct listing, the shares are basically just opened up to the market at some predetermined moment with little to no banking fees.