Rick Ross net worth 2024 – "Richer Than I Ever Been" | Finbold (2024)

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 speak 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 modest roots: the prominent 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.

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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.

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. He also deals in other fast-food, clothing, and hair product businesses, among others.

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). However, 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.

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 observe.

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Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.