Nas made a killing off Coinbase.
The popular rapper and entrepreneur announced his investment in the cryptocurrency exchange back in 2013, when Bitcoin was still largely unknown to the mainstream public. But Nas’s timing couldn’t have been better.
Since then, Coinbase has exploded in popularity, becoming one of the most valuable startUPS in the world. And Nas’s investment has paid off handsomely.
According to a recent report, Nas’s stake in Coinbase is now worth an estimated $600 million. That means he has made over a thousand percent return on his original investment.
Not bad for a few years work.
It’s not clear how much Nas invested in Coinbase originally, but even if it was just a small amount, he is now sitting on a huge fortune. And as Bitcoin and other cryptocurrencies continue to gain mainstream adoption, it is likely that Nas’s investment will only become more valuable.
So how much did Nas make off Coinbase? Probably a lot more than you or I will ever make in our lifetimes.