Nas May Earn $40 Million From Investing in a Doorbell Company

Nas may not be at the top Forbes' 2018 list hip-hop's wealthiest rappers but the Queensbridge artist is making his own money moves.

According to a report from We Buy Black, Nas took home $40 million after the company Ring, which makes smart video doorbells, was purchased by Amazon for $1 billion. Being that Nas was one Ring's first investors, the MC got a nice payday.

Nas has done a good job at diversifying his bonds. Along with his investment in Ring, Nas and his QueensBridge Venture Partners firm have put money into Lyft, Dropbox, Coinbase, Tradesy and more.

In an interview with CNBC, the rapper's manager—Anthony Saleh—said the group invests anywhere from $100,000 to $500,000 in a company and has done more than 100 deals. "We concentrate on idea or the product, how big the market is and how the founding team is," he said.

Whatever the amount money Esco is making, the lyricist is going to need it. In February, it was reported that ex-wife Kelis was seeking more child support money from the rapper. According to a TMZ report, the singer filed legal documents claiming the $8,000 a month she receives for their 8-year-old son Knight isn't enough.

The singer added that Nas is now doing much better financially and is more than able to increase the amount he currently pays. While a specific amount was not revealed, Kelis does want add-ons to the base.