Entertainment
NAS Puts Family First: Listing Daughter as Producer on Album for Lifetime Royalty Checks
It’s clear that Nas not only cares about his music but also about the future financial well-being of his family.
Nas, one of the most acclaimed rappers of all time, has made a name for himself in the music industry not just for his talents on the mic, but for his business acumen as well. One particular move he made in 2001 has recently resurfaced and has fans in awe of his foresight.
In 2001, Nas released his fifth studio album, “Stillmatic,” which was met with critical acclaim and cemented his place as one of the best rappers of his generation. What many fans didn’t know at the time was that he had listed his daughter, Destiny, as a producer on the album.
(Rich Fury / Getty Images for The Recording Academy)
Why did he do this? It turns out that by listing Destiny as a producer, she would receive royalty checks for the rest of her life for her contributions to the album. This was a smart move on Nas’ part, as it ensured that his daughter would have a steady source of income for years to come.
The move didn’t go unnoticed, with fans taking to social media to praise Nas for his foresight and business savvy. It’s clear that Nas not only cares about his music but also about the future financial well-being of his family.
This isn’t the first time Nas has made moves to secure his family’s financial future. In 2018, he launched a venture capital firm called QueensBridge Venture Partners, which invests in technology startups. This move has allowed Nas to diversify his portfolio and secure his family’s financial future even further.
Overall, Nas’ decision to list his daughter as a producer on “Stillmatic” was a smart move that highlights his business acumen and his commitment to his family’s financial well-being. It’s a reminder that financial planning and foresight are just as important as artistic talent in the music industry, and that smart moves can pay off in big ways down the line.
