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NaS Reportedly Made $40 Million off Amazon’s $1.2 Billion Acquisition of “Ring”

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As well as being one of the greatest emcees Hip Hop has ever heard, NaS has also built quite a portfolio in terms of his investments. Through his Queensbridge Venture Partners, Nasir has invested in companies like Bevel, Lyft, Dropbox, Rap Genius, and SeatGeek. One of those investments was recently sold to Amazon, and he may have taken away a nice chunk of cash.

The company in question, Ring, is a company that specializes in video-door bell services, security cameras, and home security systems, and fits into Amazon’s focus on the “smart home” industry, and one of QVP’s earliest investments.

According to Axios, Amazon likely paid more than $1.2 billion for Ring, and NaS’ take away from the deal was more than $40 million.

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