"SHOWTIME, WME|IMG, and MAYWEATHER PROMOTIONS VIP Pre-Fight Party Arrivals on the T-Mobile Magenta Carpet For "Mayweather VS McGregor" "SHOWTIME, WME|IMG, and MAYWEATHER PROMOTIONS VIP Pre-Fight Party Arrivals on the T-Mobile Magenta Carpet For "Mayweather VS McGregor"
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Nas Reportedly Makes $40M After Amazon Invests In Smart Doorbell Company

The legend is making serious money moves. 

While you weren't looking, Nas has made a name for himself in Silicon Valley. Now that Amazon has acquired the company for a whopping $1.2 billion, Nas has earned a pretty penny for his early investment in Ring, a smart doorbell company.

WeBuyBlack reports the rapper has made over $40 million in the deal. While the rapper hasn't confirmed the news, it wouldn't be surprising. Ring racked up $415 million in sales last year, a huge jump in sales from their 2016 sales of $170 million. Critics suggest Amazon plans to integrate Ring into its Amazon Key feature that looks to be the next wave of home delivery service. The company released a statement about the big news this week.

“Ring is committed to our mission to reduce crime in neighborhoods by providing effective yet affordable home security tools to our neighbors that make a positive impact on our homes, our communities, and the world," founder Jamie Smirnoff said. "We’ll be able to achieve even more by partnering with an inventive, customer-centric company like Amazon. We look forward to being a part of the Amazon team as we work toward our vision for safer neighborhoods.”

The rap legend has kept his deals low key. He teamed up with Anthony Saleh to create his venture capital company and shared with CNBC  his journey.

"I think anyone can be involved with investing if they have the means, but I'd advise anyone who wants to invest to be careful. You have to study it," he said in 2016. "It's not easy to find the projects that are going to generate a return, and you have to invest your time and energy — not just your money — into researching the companies that are going to do big things."

Since the creation of his Queensbridge Venture enterprise, the rap legend has also successfully backed startups like Genius (formerly Rap Genius), Lyft and SeatGeek.

Nice to see his long list of investments paying off.

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Dr. King's Childhood Home Sold For $1.9 Million To The National Park Service

The two-story Atlanta home that Dr. Martin Luther King Jr spent his formidable years has been sold. According to the Atlanta-Journal Constitution, the yellow and brown house on Auburn Avenue in Atlanta was sold for $1.9 million to the National Park Service.

Will Shafroth, CEO of the National Park Foundation said it was hard to place a dollar amount on the location where a lot of Dr. King's character was molded.

"It is difficult to value something this significant in our nation’s history. It is a priceless asset. It is one of the most important places to tell the story of America,” Shafroth said.

Bernice King, daughter of late the civil rights leader, said the King Center for Nonviolent Social Change had been considering selling the home since the passing of their mother Coretta Scott, in 2006. King said the center will focus on nonviolent educational and training programs.

“We are working on creating more robust, nonviolence training,” King said. “Our society is desperately in need of Dr. King’s nonviolent teachings right now in order to create a just, humane and peaceful world. That is what we are trying to put our energy in.”

The home was reportedly built by a white firefighter in 1895 and then purchased by Dr. King's maternal grandfather, Rev. Adam Daniel Williams, who was pastor at Ebenezer Baptist Church for $3,500. When King's mother and father wed in 1927, they moved. All of King's siblings including himself were born in the home.

Elizabeth Paradis Stern, spokeswoman for the National Park Service said the preservation of the home will not falter now that it's out of the family's possession.

“The most important thing about this is that this property will be protected and preserved permanently as one of our most important properties,” Stern said. “It is part of the American fabric.”

READ MORE: New Book Details Dr. King's Teenage Years And His Alleged White Girlfriend

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Donnie McClurkin Sent To Hospital Following Car Accident

Gospel legend Donnie McClurkin couldn't be more grateful after surviving a car accident this past Wednesday (Dec. 12).

The "We Fall Down" singer was driving on the road in the earlier part of the day when he passed out and began weaving into traffic. He reportedly struck the middle concrete island.

Following the incident, he posted a selfie of him on the hospital bed in scrubs on Facebook. Along with the photo, he explained that he woke up from the accident with stitches on his left thumb, on top of having a sprained wrist, and hurt knee. His car was also completely totaled.

"I AM ALIVE!!!! Somewhat mangled, stitches on left thumb, sprained wrist, hurt knee, but I’m still here! God and two angels saved my life!," the Grammy-winning artist wrote.

He also mentioned that two "angels" pulled him out the car to safety and medical attention. "I owe them...I am still here by the grace of God! Thank you, Lord...thank you!" he added.

On Friday (Dec. 14), McClurkin posted to his Facebook page again, sharing several photos of his destroyed car. "This is the totaled car that two angels rescued me from ....after passing out while driving I don’t remember most of what happened a day and a half ago...but God," he wrote. "I overrode doctors and sisters advice and flew to KENYA today for ministry Saturday @ TWO RIVERS. and home on this Sunday to celebrate life."

In happier news, McClurkin also took time to plug in his new Christmas single titled "My Favorite Things." Check out McClurkin's posts on social media and stream his new song below.

READ MORE: Big K.R.I.T. Drops Surprise Gospel-Influenced 'Thrice X' EP

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Nicki Minaj's Boyfriend Kenneth Petty Received 18 Violations During Prison Stint

Nicki Minaj's new boyfriend, Kenneth Petty has a very troubled past.

On Friday (Dec. 14), TMZ revealed court documents disclosing Petty's history of disciplinary actions while he was an inmate in New York for manslaughter from 2006 to 2013.

When he entered the correctional facility, he was reportedly written up for creating a disturbance. Later during his stint, he was hit with a slew of disciplinary actions following a series of violent actions that included fighting, making terroristic threats, and "disobeying a direct order."

In 2009, prison faculty placed him in solitary confinement for four months as part of being reprimanded for nine different violations. Petty lost privileges that included the usage of the inmate telephone service, recreational activity, and the prison canteen.

In addition to his prison violations, Petty is a convicted sex offender. At the age of 16, he was tried as an adult served a four-year sentence for attempted rape of a minor.

Petty, who hails from the same borough as Nicki, Queens, knew the platinum-selling rap star since she was a teenager. They dated for a short period years prior to reuniting.

Minaj posted various photos of her and Petty going on a vacation getaway earlier this month. Sources close to Minaj told the celebrity gossip website that the 36-year-old hip-hop artist is  "happier than she's been in years" with Petty.

 

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READ MORE: Nicki Minaj Plans To Sue 'Daily Mail' TV Host Jesse Palmer

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