TMZ: Kelis Makes Nas Reveal His Income & Bank Account Balance In Court (Nas Makes $175k A Month)

[ORDER_66]

NAS LAWST

How did he lose?!?

 

[MAGNETO.]

Jay Z spends Nas's monthly salary at the bar

https://www.google.ca/amp/s/amp.www...-hundred-thousand-dollar-bar-tab-in-one-night

The tip he gave the waiter is more then Kelis gets in child support . Now we know why Nas baby mama let Jay Z skeet in her baby seat she was trying to trade up

Big pimpin

 

[Olu Dara]

How does this get dapped by @Olu Dara ?

Must’ve been a mistake good looking

 

[prophecypro]

Yeah I feel you fam. It's just insane how this bytch can do this. Nas has the worst taste in women.

It’s not even that big of a deal (in retrospect Carmen has been a breeze to deal with )

She went from a 50k deal to 8k and she feels frustrated that because he’s a public figure who’s still flying doing shows he’s not there every weekend despite what I think is him trying to and admittedly putting him in an expensive private school costs much

At the same time it sounds like she herself doesn’t organize and set the child support given properly

This stuff is normal in high profile divorces to go back in and re-evaluate

They just got management and lawyers that like to leak stuff to blogs (both sides) which I hate

 

[mrfortune]

nas only got 8M? hold up that cant be right according to his coli stans the man is close to billionaire status..

now.. who is the liar, court documents or da coli stans?

what you make and what your interest are are two different things. He can make that on shows, apperances etc but his investments could be making him millions. thats not what he makes those are assets until

 

[Calmye]

It’s not even that big of a deal (in retrospect Carmen has been a breeze to deal with )

She went from a 50k deal to 8k and she feels frustrated that because he’s a public figure who’s still flying doing shows he’s not there every weekend despite what I think is him trying to and admittedly putting him in an expensive private school costs much

At the same time it sounds like she herself doesn’t organize and set the child support given properly

This stuff is normal in high profile divorces to go back in and re-evaluate

They just got management and lawyers that like to leak stuff to blogs (both sides) which I hate

Logical well tempered ass nikka
The hell you doing on the Coli

 

[Ironman]

His son ain't close to 18 yet??Child support system is sinister

 

[Safe]

Facts

Wealthy people engaged in actively managing their money keep the bare minimum of liquid cash in the bank.

Cash in the bank earns little to no return, and is easily accessible via nuisance lawsuits, child support bullshyt (like Nas is currently going through), etc.

I'm willing to bet that Nas has upwards of $100 million invested across a broad array of asset classes in a variety of bankruptcy-remote vehicles, trusts, and other tax minimization / tax avoidance / liability avoidance vehicles.

What wealthy folks will do is have access to large revolving lines of credit collateralized by assets held in all of these vehicles should they need access to cash. A paternity lawsuit, car accident settlement, sex tape case, etc. can't access that line of credit to try and recoup whatever they're owed. It's a liability, not an asset It also inflates the wealthy person's debt / income ratio should they want to go through bankruptcy proceedings to shed accumulated liabilities they are no longer interested in paying (see: 50 Cent).

A good rule of thumb is that most wealthy folks will maintain no more than 12 months' worth of expenses in cash & cash equivalents. Nas has overshot this amount by a pretty significant margin - I'm willing to bet that this lawsuit was filed in the midst of him rebalancing his investment portfolio and maybe simplyfing / rationalizing whatever trust structures he has in place to protect his wealth.

I knew the Coli wouldn't let me down. Dap+rep. One that can see...

 

[Big Boss]

 

[3rdWorld]

Greedy bytch..

 

[itsyoung!!]

No bruh. Drake has sold 103 million records

Drake has not sold 103 records in the US..

 

[Drip Bayless]

Mad reasons. Some women are unstable. U got women who ALWAYS want more. Especially if they see u doing well. And u got some women who do the shyt out of spite. Revenge. Anger. But most of all. It's a control thing. Do something she dont like. She will use the court against u. U sir. Are extremely fortunate. My oldest son's mother put me thru hell and back. Would try to hold my son away from me. Throw dirt on my name. Even her own family was shytting on her for the shyt she put me thru. End of the day tho. She fukked up bad and now I have full custody of my son. The truth always eventually comes out. Bottom line. I know sometimes it's hard. But be careful who u mate with.

Ya baby moms still in ya sons life?

 

[surv2syn]

8 mil in the bank is a fukkin lot. That's liquid cash not cash plus assets. Imagine how much more he has tucked away in businesses, trusts and investments. Then on top of that add to the fact that he was never one of those 5 mil plus album sellers and then you'll realize that dude is actually pretty damn good with his money. I can almost guarantee most people you think are mega rich, don't have that kind of liquid cash that they access to. And I'm no Nas Stan.

this x1000, lol. I dont keep that much money in my actual BANK account. I have about 10x as much in investment accounts. I would guess he is worth at least 3x that amount. I aint a Nas stan either and I am kinda surprised it was revealed that he has that much that is not hidden somewhere. at the nikka that scoffed at having only $8 mil in the bank.

 

[fortheblessings]

Nas let me hold something for all these years of stanning

What a fakkit

 

[spliz]

Ya baby moms still in ya sons life?

Supervised visits.