Rick Ross is an American rapper and record executive known for his hugely popular albums like Port of Miami and God Forgives, I Don’t, and hits like “Hustlin” and “BMF.” Having sold in tens of millions, his songs frequently tell about themes of crime, wealth, and luxurious lifestyle. In fact, Ross himself has often been named among the world’s highest-paid rappers. Today’s article will reveal Rick Ross’ net worth and track his sources of wealth.
How rich is Rick Ross?
Rick Ross’ significant net worth has humble roots: the superstar rapper was a former correctional officer before turning to music. However, this did not prevent “The Boss” from creating a multi-million-dollar brand out of his numerous business endeavors.
Rising to prominence with his 2006 album Port of Miami, the rapper would utilize his characteristic gruff voice and evocative lyrics to rise through the entertainment ranks and become massively popular. The many platinum albums and sold-out tours helped Ross become rich. However, his additional ventures, like brand sponsorships and shrewd investments, turned him into a financial behemoth.
How much is Rick Ross’ net worth?
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Rick Ross’ music career
Rick Ross embarked on a music career in 2000, debuting under the pseudonym Teflon Da Don on Erick Sermon’s album. In the mid-2000s, he adopted the name Rick Ross, drawing inspiration from the former drug lord “Freeway” Rick Ross.
Ross released “Hustlin,” his debut single, in 2006, which sparked a bidding war among major labels. Ultimately, he signed a multimillion-dollar deal with Jay-Z’s Def Jam Records. Later that year, Ross released his first album, Port of Miami, which debuted at number one on the Billboard 200. In 2008, he released his second album, Trilla, which also debuted at number one on the Billboard 200. Needless to say, the breakout significantly enriched Rick Ross’ net worth.
As a testament to his popularity, in 2012, MTV named Ross “the Hottest MC in the Game.”
Rick Ross & Maybach Music Group (MMG)
In 2023, Rick Ross and his Maybach Music Group partnered with gamma., a multimedia platform housing names like Usher and Sexyy Red. Furthermore, Breyon Prescott, Ross’ enduring partner, joins gamma. as executive VP of content. This addition could prove fruitful as the exec previously headed urban music at Epic Records and cooperated with artists such as Brandy, Dr. Dre, and Diddy.
Rick Ross & his brand
Besides the income he generated through his music and tours, Rick Ross has leveraged his image to launch other successful commercial projects to add to his net worth.
Notably, Ross partnered with brands such as Belaure Rose Champagne, Luc Belaire, and Reebok, which have all played on his lavish lifestyle card. However, Reebok cut him loose over accusations that his lyrics allude to rape. Certain media outlets claimed the departure lost him somewhere between $3.5 million and $5 million.
Rick Ross net worth & various business ventures
The rapper has been featured in several films and TV series, including Magic City, Days of Wasting Light, Step Up: High Water, and Coming 2 America.
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Rick Ross also purchased his first Wingstop restaurant in 2011. At one point, he owned almost 30 of them, which earned him a profit of about $200,000 annually. Ross also deals in other fast-food, clothing, and hair product businesses, among others, which diversifies his income and adds even more steady streams of income to his already-significant net worth.
In 2019, Ross published his memoir titled Hurricanes. It was followed by The Perfect Day To Boss Up: A Hustler’s Guide To Building Your Empire in 2021, which ended up on the New York Times bestseller list, indicating strong sales.
Finally, a sizeable portion of Rick Ross’ net worth lies in his real estate investments. The singer and songwriter owns multiple high-end properties, including the largest mansion in Georgia valued at $5 million, a dozen luxury homes in Florida, and a suburban Atlanta home bought for $6 million. He has also made headlines in June 2024 when he announcedthat he applied for a zoo licence, with the intent to enrich his Promise Land residence with “pets” like elephants, giraffes, and buffalos.
Rick Ross’ controversies
William Leonard Roberts II, which is the real name behind the Rick Ross pseudonym, has had multiple conflicts with the law. In January 2008, he was arrested for possessing a gun and marijuana. His case was classified as a gang-related case, ostensibly due to affiliation with Triple C’s (aka Carol City Cartel). Despite the label, there was no proof to support this.
In August 2008, DJ Vlad, a YouTube celebrity, claimed that Ross ambushed him for asking questions about his C.O. past and filed a lawsuit for assault and battery. In June 2010, the former drug lord filed a copyright infringement lawsuit against Ross for using his name. Ultimately, the court judged in favor of the rapper.
Ross infamously started a feud with fellow rapper 50 Cent that lasted from 2009 to as late as 2014. Both musicians made diss tracks and 50 Cent created a cartoon of Ross and interviewed his ex-wife about his past as a correctional officer.
Rick Ross’ feud with Drake
Rick Ross closed his Canada Day concert in Vancouver by playing Kendrick Lamar’s diss track about Drake, “Not Like Us,” and Drake fans apparently attacked him. Video footage shows people throwing insults and even punching the rapper. Not a week later, 50 Cent commended the Canadian audience at his birthday concert for how they treated Ross.
How much is Rick Ross worth – the bottom line
Rick Ross’ net worth is estimated to be about $150 million, which makes him one of the richest rappers in the world. That said, it was not solely for music that he managed to acquire that wealth. If it weren’t for his keen instinct for business and smart sponsorships and investments, that figure would likely be far lower than it is today.
Furthermore, he is far from done with his career. Will this figure become even bigger? We’ll be patient and keep looking.
FAQs about Rick Ross net worth
How much is Rick Ross net worth?
Through his many sources of income, Rick Ross has achieved a net worth of $150 million.
How did Rick Ross become so rich?
Rick Ross put his unique voice to work and carved his own niche on the rap music scene. Through smart use of his characteristic voice, the former correctional officer quickly turned his fortune around and invested his brand for marketing and business purposes to amass an impressive wealth.
Does Rick Ross own a record label?
Rick Ross founded “Maybach Music Group” (MMG), his record label, in 2008. He would release the majority of his studio albums with MMG, including Deeper Than Rap, Port of Miami 2, and Richer Than I Ever Been.
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