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Rick Ross Net Worth (April 2024)

Rick Ross Net Worth

Rick Ross, one of the influential figures in modern hip-hop music, has not only dominated the rap industry but has also generated a substantial net worth of $150 million over the years. 

Born on 28 January 1976 in Clarksdale, Mississippi, US, Ross made such a massive worth in the industry due to his booming vocal performance, vivid lyrical imagery, and larger-than-life persona. 

This article will delve deep into the fascinating journey of Rick Ross’ professional life, exploring his career successes, investments and philanthropic endeavours. 

Who is Rick Ross?

Full nameWilliam Leonard Roberts II
Professional nameRick Ross
Date of Birth28 January 1976
Age48 years
BirthplaceClarksdale, Mississippi, United States
NationalityAmerican
EthnicityBlack
GenderMale
SexualityStraight
ReligionChristian
Zodiac SignAquarius
Marital StatusNot Married
ProfessionRapper, Songwriter, Record Executive

William Leonard Roberts II, whose stage name is Rick Ross, is an American rapper, songwriter and record executive. 

He is known as one of the influential figures in modern hip-hop music due to his larger-than-life personality, booming vocal performance and lyrics influenced by the hardships of street life and black market economic activities. 

After his debut single in March 2006, Ross became the subject of a bidding war, ultimately signing a multi-million deal with Jay-Z on Def Jam Recordings. In the same year, his debut studio album debuted at the top spot on the Billboard 200 chart. 

Moreover, Ross was a lead member of the hip-hop group Triple C’s. He is also a founder of a renowned record label, Maybach Music Group. 

How Much is Rick Ross’ Net Worth?

Net Worth$150 Million
Annual Income$30 million
Monthly Income$585 thousand
Income Sources
Album sales, Real Estate Investments, Record Label, Brand collaborations, Concert Tours

As per reports, Ross has an estimated net worth of $150 million. Check out his income sources below to know how he made such a massive worth in the industry.

1. Record Label: Maybach Music Group

Ross founded a record label, Maybach Music Group, in 2008. He has signed various successful artists, including Meek Mill and Wale, to the record label. 

It rose to prominence with the success of albums like God Forgives, I Don’t, and Teflon Don. The record label is generating around $400 thousand in revenue per year with a net worth of $10 million.

2. Brand Collaborations and Endorsement Deals

Ross has secured various lucrative endorsement deals, contributing to his financial success. 

  • Wingstop:- In 2011, Ross made investments in Wingstop, a popular chain of aviation-themed restaurants known for its chicken wings. After tasting its signature Lemon Pepper-Flavoured wings, he became a fan of this restaurant chain. Ross has secured nearly 30 locations in this American restaurant chain, making him around $200 thousand annually. 
  • Checkers and Rally’s:- Besides Wingstop, Ross has another delicious investment in Checkers and Rally’s restaurants. The massive popularity of the rapper has played a significant role in the restaurant chain’s growth. 
  • Rich Hair Care:-  Ross partners with a grooming and hair care products brand, Rich Hair Care. 
  • Luc Belaire:- Ross has been associated with a French sparkling wine brand, Luc Belaire, since 2013. After the collaboration, the brand has transformed so much that it retails for more than $200 per bottle. 
  • Collins Ave:- The leading international lifestyle and cannabis brand Cookies has collaborated with the rap legend Rick Ross to launch a new cannabis brand named Collins Ave. 
  • JET DOC:-  A strategic partnership between Ross and Jetdoc, a digital healthcare platform that connects you with a licensed healthcare professional in minutes.

3. Album Sales

The majority of Ross’ fortune comes from his record and album sales. One of his albums, Port of Miami, released in 2006, stands out as the best-selling album, achieving platinum status with over one million copies sold out. 

Its widespread appeal is the result of the strategic mix of collaborations and solo tracks. The album includes some massive hits like Huslin and Push It. Since the release of Port of Miami, Ross has consistently released numerous successful albums, such as Deeper Than Rap, Trilla, and Teflon Don, contributing to his overall record sales.

4. Concert Tours

As per reports, the American rapper charges between $150,000-$299,000 for an event. It can be a fundraiser, corporate event, social media campaign, festival, endorsement project or conference.

5. Real Estate Investments

The rap legend has significantly invested in real estate. His real estate portfolio looks like this; 

  • Fayetteville, Georgia Mansion:- It is a 45,000-square-foot mansion consisting of 109 rooms on 235 acres. The rapper purchased it for $5.9 million in 2014. Today, it is worth $30 million. He named the property “Promise Land”, which was featured in a 2021 film, Coming 2 America
  • Evander Holyfield’s home:- Ross owns a 322-acre property in Suburban Atlanta worth $6 million. The property consists of a bowling alley, theatre and pool. 
  • Atlanta, Georgia Mansion:- This 40,000-square-foot Atlanta, Georgia mansion worth $5.8 million is like a dream home for the rapper. The property consists of 14 bedrooms, 23 bathrooms, a bowling alley, a boxing gym, a formal dining room and an indoor pool. 
  • Miami Property:- Ross threw down a whopping $35 million for a Waterfront mansion on Miami’s Star Island. It is a 40,000-square-foot mega mansion located near the middle of the star-studded and guard-gated enclave
  • Houston Property:- In 2023, Ross purchased a real estate property in Houston worth $3.5 million. 

Ross’ Net Worth Growth From 2019 to 2024

YearsNet Worth
2019$45 million
2020$50 million
2021$65 million
2022$95 million
2023$100 million
2024$150 million

Career

Music Debut

Ross made his music debut by releasing his first single, Hustlin, in March 2006. The single became a massive hit that led him to sign a multi-million dollar deal with Jay-Z on Def Jam Recordings. 

Rose to Fame: Successful Albums

The rap legend rose to fame after his debut album, Port of Miami, released in August 2006. With sales at 187,000 units during the first week, the album was featured in the top spot on the US Billboard 200 album chart. 

It also featured collaborations with artists such as Jay-Z and Lil Wayne. Below, we’ve curated a list of other successful albums delivered by Ross throughout his career. 

Album nameRelease Date
Trilla11 March 2008
Deeper Than Rap21 April 2009
Teflon Don20 July 2010
God Forgives, I Don’t30 July 2012
Mastermind3 March 2014
Hood Billionaire24 November 2014
Black Market4 December 2015
Rather You Than Me17 March 2017
Port Of Miami 29 August 2019
Richer Than I Ever Been10 December 2021

Maybach Music Group

Beyond his solo music career, Ross founded a record label, Maybach Music Group, in 2009. He signed numerous famous artists, including Wale, Meek Mill, French Montana, and Omarion, for the record label. 

The music group has some major collaborations with Def Jam and Epic Records. It gave hits like Hood Billionaire, Black Market, Rather You Than Me, and Port of Miami 2. 

Awards and Achievements

The rapper hasn’t won any major award throughout his career. But he has been nominated for nine Grammy Awards. Ross has also been named “Man of the Year” for two consecutive years.

Rick Ross’ Luxury Car Collection

1. Rolls Royce Wraith worth $343,000

Rick Ross cars collection

2. Rolls Royce Phantom worth $460,000

3. Mercedes-Maybach S650 Cabriolet worth $337,000

4. Mercedes-Maybach 57s worth $416,200

Rick Ross cars collection

5. Ferrari 488 Spider worth $329,900

6. 1971 Chevrolet Impala with a touch of Gucci worth $4000

7. Tesla Model 3 worth $46,990

Frequently Asked Questions

1. What is the Net Worth of Rick Ross?

As per reports, Ross has an estimated net worth of $150 million. 

2. How Much Does Rick Ross Earn Monthly?

Ross earns around $585 thousand monthly. 

3. How Did Rick Ross Get So Famous?

Ross rose to prominence with his unique voice and vivid lyrical imagery. 

4. Does Rick Ross Own a Private Jet?

Yes, the rapper and songwriter owns a fully customized Gulfstream G550.

5. Is Rick Ross Married?

Ross is not married yet. He was engaged to a model and social media personality, Lira “Galore” Mercer, in 2015. Unfortunately, they got separated two months later for unknown reasons. 

6. Does Rick Ross Have Children?

Ross is blessed with five children: William Roberts III, Billion Leonard Roberts, Toie Roberts and Berkeley Hermes Roberts

7. How Much Does the Rapper Weigh?

As per information available on the internet, Rick Ross’ weight is a little over 200 pounds.

Wrapping Up

From delivering numerous successful hits and owning a record label to generating a massive net worth of $150 million, Rick Ross has shown clear dominance in the industry. He achieved all these with his booming vocal performance, talent and hard work. 

As Ross has the determination and passion for his craft, his fortune will likely grow, solidifying his position as the most influential artist in the industry.

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