"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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21 Savage Unveils Free Online Financial Literacy Program For Young People

In continuing his efforts to help young people access financial literacy, 21 Savage announced  the launch of his Bank Account at Home Financial Literary Project on Wednesday (July 1). The campaign includes a partnership with Atlanta Mayor Keisha Bottoms to offer free Wi-Fi and tablets to those in need.

“I felt like it’s important more than ever to give our next generation the tools to succeed in life,” the rapper said in a statement to the Associated Press.

 

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I’m making financial literacy available to kids and families across the country this summer with #BankAccount At Home- a free online program to give you the tools you need to learn to save and make money. @chime @everfi @keishabottoms

A post shared by Saint Laurent Don (@21savage) on Jul 1, 2020 at 12:21pm PDT

21 Savage and his charity, Leading by Example, partnered with mobile banking service Chime, Juma Ventures and EverFi to “connect our youth with financial education and work opportunities to teach them how to manage and earn money.”

The Grammy winner launched the Bank Account Program in 2018.

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California, Arizona And More States Tighten Lockdown Restrictions As COVID-19 Cases Surge

Coronavirus cases are surging around the country with several states changing quarantine guidelines as 4th of July weekend approaches. The U.S. reached a grim milestone of more than 80,000 additional confirmed cases of COVID-19 since Tuesday (June 30).

In total, at least 2.7 million people in the U.S. have contracted COVID-19 since March. Over 1.1 million people have recovered, while more than 100,000 have died.

California, Texas, Arizona, and several other states announced new restrictions this week including the temporary closure of bars, beaches, gyms and other business in hopes of flattening the curve after easing lockdown restrictions in May.

New York Governor Andrew Cuomo announced that travelers from over a dozen states with surging cases including Florida, Texas, Arizona, Georgia, Indiana, Arkansas, Mississippi, and Utah, must self-quarantine for 14 days.

If you're traveling to New York from the following states you must self-quarantine for 14 days.

The states are: AL, AR, AZ, CA, FL, GA, IA, ID, LA, MS, NC, NV, SC, TN, TX, UT.

— Andrew Cuomo (@NYGovCuomo) June 30, 2020

The traveling restriction don't just apply to the states. The European Union has closed its bordered to U.S. travelers until further notice.As of Wednesday (July 1), Florida reported an additional 6,500 new cases, pushing the state total above 100,000. But despite the surge in cases, Florida Gov. Ron DeSantis refused to reinstate social distancing restrictions.

Meanwhile, Texas reported over 8,000 cases in just 24 hours, the highest one-day total for the state since the pandemic began. California saw record-breaking numbers as well, prompting Gov. Gavin Newsom to order the closure of beaches, bars, restaurants, and other businesses. The Golden State has surpassed 233,000 confirmed cases of COVID-19, many of which are centered in Los Angeles County.

Arizona added 4,682 cases to its total of nearly 85,000 confirmed cases on Tuesday. North Carolina also hit a record high of 1,843 cases, bringing the state’s total of 66,513 following slight dip in the number of infections last weekend.

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50 Cent Offers To Help Virgil Abloh Amid Backlash Over Pop Smoke Album Cover

50 Cent wants to assist Virgil Abloh with the cover of Pop Smoke’s debut studio album, Shoot for the Stars Aim for the Moon. The fashion designer caught criticism after the album artwork hit the web earlier in the week, and fans felt the creation was disrespectful to the late rapper.

Fif initially criticized the creation on Instagram writing, “f**k Virgil he’s [out] of here,” after he learned that Abloh was behind the cover.

Taking to Twitter on Tuesday (June 30), the G-Unit honcho offered Abloh a helping hand. “Hey Virgil we need new album art. They ain’t going for that bulls**t. Love ya work let’s get to it.”

Hey Virgil we need new album art, they ain’t going for this bullshit. Love ya work let’s get to it. 🤔Steven i told you this shit was 😡eww let’s get it right! #bransoncognac #lecheminduroi pic.twitter.com/mE24CtErto

— 50cent (@50cent) June 30, 2020

Abloh later explained that the cover was inspired by his final conversation with Pop Smoke. “This album cover was one of like 5 things we talked about,” Virgil wrote in a deleted Instagram post. “He mentioned his story felt like the metaphor of a rose & thorns growing from the concrete of his hood in Canarsie, Brooklyn. In your memory, I just finished it yesterday.” Pop Smoke's manager reportedly decided to change the cover of the album, which is slated for release on Friday (July 3).

UPDATE: Pop Smoke’s manager says they will change the album cover after listening to the fans. https://t.co/eGPQ9DXa1t

— Hot Freestyle (@HotFreestyle) June 30, 2020

In March, Fif announced that he was working on Pop Smoke’s posthumous LP. “I’m on the move listening to Pop Smoke. I deduced I’m gonna executive produce and finish his album for him,” he revealed on Instagram.

Pop Smoke was shot and killed inside his Southern California rental home in February. His murder remains unsolved.

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