Rick Ross
Rappers
Current Networth - $150 Million
Personal Stats
Name | Rick Ross |
---|---|
Role | Rapper, Song Writer, Record Executive |
Industry | Music |
Net Worth | $150 Million |
Date of Birth and Age | January 28, 1976 (age 48) |
Related People
Table of Contents
- About Rick Ross
- Businesses Owned
- Early Life
- Family
- What is Rick Ross’ net worth?
- What is Rick Ross’ claim to fame?
About Rick Ross
Rick Ross, born William Leonard Roberts II, is a highly influential American rapper, entrepreneur, and record executive. Known for his commanding style and luxurious themes, he rose to fame with his debut album Port of Miami in 2006 and founded the successful Maybach Music Group (MMG) label. Ross has expanded his influence beyond music, venturing into business with various partnerships, including his Wingstop franchise and the forthcoming release of his 12th album, Champagne Moments, in 2024. His success, combined with a strong entrepreneurial spirit, has made him a fixture in both hip-hop and business.
Businesses Owned
Maybach Music Group
Maybach Films
Rich by Rick Ross
Early Life
Ross’s journey from Carol City, Florida, to the top of the rap charts is marked by ambition and drive.
- Born on January 28, 1976, in Clarksdale, Mississippi, Rick Ross grew up in Carol City, Florida, where he faced early challenges in a tough neighborhood.
- Attended Miami Carol City Senior High School and later briefly studied at Albany State University on a football scholarship.
- Inspired by Southern hip-hop, Ross began developing his craft as a rapper, initially going by the stage name “Teflon Da Don.”
- Launched his career with Port of Miami, driven by the breakout single "Hustlin'," which secured his position in the industry and led to his first record deal with Def Jam
Family
Family has remained central to Ross’s life, despite his high-profile career and extensive business ventures.
- Ross is the father of five children: Toie Roberts, William Roberts III, Berkeley Hermès Roberts, Billion Leonard Roberts, and Bliss Roberts. He frequently expresses pride in fatherhood and often mentions his dedication to providing for his family.
- Although he was briefly engaged to Lira Mercer in 2015, Ross has generally kept his personal life private, focusing on family and career.
- Known for his close relationship with his mother, Tommie Roberts, he often credits his family’s influence on his journey and success.
Rick Ross is an American rapper who was a former correctional officer, but that did not stop him from pursuing his dreams. He has made a multi-million-dollar brand out of his different business ventures apart from music.
Rick Ross is well known for his hit albums like Port of Miami, Trilla, Deeper Than Rap, and many more. Just like some other acclaimed rappers, he also has his own record label. Rick Ross has done a lot for the community via donations and auctioning off rare items.
Net Worth | $150 Million |
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Salary | $15 Million |
Profession | Rapper, Songwriter and Entrepreneur |
Nationality | American |
No. of Houses | 4+ |
No. of Cars | 100+ |
What is Rick Ross’ net worth?
As per Forbes, Rick Ross’ estimated net worth is $150 million
Despite several speculations around his amassed wealth, Rick himself believes his net worth to be much more than it. Surely, there’s not all boasting, as in an interview just last year, Rick Ross said he spent $100 million in about six months. The spending consisted of $50 million in investments and $50 million in lavish spending.
Rick Ross acquired a respectable amount of wealth from the music industry. In 2007, Ross made a multi-million-dollar deal with Jay-Z’s Def Jam Records and $2 million within the first year itself.
After founding Maybach Music Group in 2009 and signing Wale and Meek Mill to his label, his earnings doubled from $3 million to $6 million. However, Rick Ross has invested and benefited from real estate, food chain ventures, and brand endorsements.
At one point, Rick Ross owned about 30 Wingstop outlets that earned him a profit of $200,000 each per year. In 2014, he made close to $7 million from his Wingstop investments. In June 2024, Rick Ross made the headlines by applying for a zoo license for Promise Land Estate. Surely, the Promise Land Zoo will be one of his income streams in the future.
Rick Ross also runs a car rental business, which can give the customers a unique opportunity to rent one of Rick Ross’ personal cars from his Atlanta fleet. He even organizes car and bike shows. He has also signed multi-million-dollar deals with Ciroc, Reebok, Bumbu Rum, Checkers, and Collins Ave, to name a few.
What is Rick Ross’ claim to fame?
Definitely, the backstory of Rick Ross’ claim to fame fits the “rags to riches” tag. So, fate had its own plans for Rick Ross, and he became “the boss” for his fans. The following are some of the events that paved the way for his success.
- Debut Album: Rick Rose rose to prominence with his 2006 debut album, “Port of Miami,” and was at number one on the U.S. Billboard 200, which is no small feat.
- Another Superhit Album: After the success of his debut album, Rick Ross released Trilla in 2008, featuring hit albums like “The Boss” and “Here I Am." The album was a mega hit, debuting at number one on the U.S. Billboard 200. In the first week itself, about 198,000 copies were sold.
- Chain of Successful Albums: Rick Ross had tasted success by 2010 and released multiple successful albums like “Deeper Than Rap," “Teflon Don," “God Forgives, I Don't," and “Rather You Than Me." During this time, Rick Ross also benefited from collaborations with other famous artists like Drake, Jay-Z, DJ Khaled, and Lil Wayne.
Rick Ross tasted fame and success when he was 30 years old. In the music world, that’s too late, where other rappers in their 20s gave chartbusters. However, age is just a number, and Rick Ross’ determination made him reach the top of the charts.
What businesses does Rick Ross own?
Well, to make a net worth of $150 million, one needs multiple streams of cash flow. Besides the traditional music industry incomes like music sales, royalties from streaming platforms, and touring, Rick Ross made shrewd investments into different businesses that made him what he is today. Let’s have a look at some of the businesses that Ross owns:
- Wingstop: Rick Ross used to own about 30 Wingstop franchises but later sold most of them, remaining with only one of them now. He used to make $7 million from these franchises annually.
- Checkers and Rally’s: Rick Ross owns several of Checkers and Rally’s eateries across the country, and surely that would add up to his revenue.
- Maybach Music Group: Founded by Rick Ross, the record label earns close to $5 million in revenue each year.
- Maybach Films: With success in Maybach Music Group, Rick Ross is trying his hands on the entertainment industry too. Maybach Films has some planned projects that will soon debut in theaters.
- Rich by Rick Ross: Rick Ross has also ventured into the hair care and grooming industry with this brand. Rich by Rick Ross primarily focuses on hair and beard grooming products like conditioners, pomade, moisturizer, shampoo, and beard oil, to name a few.
- Hempacco: Hempacco derives its name from the sale of Hemp Hop Smokables. Rick Ross wanted to document the health benefits of hemp from his personal life experiences and started the development of these smokeables. In 2023 alone, it made a revenue of $4.05 million.
What brands has Rick Ross endorsed?
Besides the above businesses, Rick Ross has also partnered with some of the big brands in the food, beverage, and sports categories, adding to his massive net worth.
- Luc Belaire Rose: Rick Ross has been a fan of this wine brand and even promoted it within the music industry. He made a rapper-based fan group for the brand called the “Black Bottle Guys.”
- RAP Snacks: Rick Ross has been associated with RAP Snacks, and since its inception, the company has made $50 million in revenue. Rap Snacks became popular with its custom Rick Ross chips.
- Ewing Athletics Sneakers: The Rick Ross X Ewing 33 Hi Sneakers were a result of a collaborative effort between the rapper and sneaker brand in 2017.
- Reebok: Rick Ross also partnered with Reebok, but the partnership ended in 2013 after Ross made controversial comments in a song that was criticized for promoting date rape.
How does Rick Ross spend his millions?
Rick Ross clearly mentioned that he is making much more money than what he is spending. So, now, he wants to start spending equally and live a more lavish life. Rick Ross invests in profitable business ventures, buys real estate, cars, private jets, and digital assets (including cryptocurrencies and NFTs)
How many houses does Rick Ross own?
Well, besides just owning houses, Rick Ross sees them as investments that will benefit him in the future after significant appreciation. Here is the list of some of the real estate owned by Mr. Ross:
Georgia Mansion: After tasting success, Rick Ross wasted no time and bought Evander Holyfield's large Georgia mansion for $5.8 million in 2014. The same place got its Zoo license recently, as mentioned earlier.
- Resort-style Estate in Miami: Rick Ross’ mother helped narrow down on this beautiful estate in Southwest Ranches, Florida, in 2021. Rick reportedly paid $3.5 million in cash, and it was previously owned by his friend NBA All-Star Amar’e Stoudemire.
- Atlanta-area Estate: Rick Ross revealed that while some others were buying Dogecoin and stuff, he was investing heavily into real estate. He bought the huge Atlanta estate for $4.2 million in cash from his fellow rapper Meek Mill in 2023.
- Star-Island Home: Soon after, Rick Ross went for the waterfront home on guard-gated Star Island. He paid close to $37 million for this luxurious property. Rick Ross’ neighbors include the super-rich like Ken Griffin, Jennifer Lopez, and Gloria Estefan.
How many cars and other high-end vehicles does Rick Ross own?
Rick Ross owns a massive car collection of over 100 cars, and he can sell or buy any of them at the blink of an eye. Some of the standout examples in his collection include the following:
- 1957 Chevrolet Bel Air: Yes, Rick Ross owns this red beauty and even showcased the same at his Promise Land Car Show. It can fetch as much as $300K without breaking a sweat even today.
- Ferrari F8 Spider: As seen in a video multiple times, Rick Ross got himself delivered a black Ferrari F8 Spider at his home. Even today, a pristine example of the F8 Spider can fetch close to $500,000 without any issues.
- Lamborghini Huracan STO: With Rick Ross’ many horses there resides a bull as well. Purchased in March 2023, Rick Ross bought this black bull draped in blue accents for somewhere around $327,900.
- Mansory Rolls-Royce Cullinan: Yes, he owns a Mansory-tuned Black Rolls-Royce Cullinan, featuring a widebody kit, multiple chrome details, and silver wheels. Rick Ross owns a standard Cullinan, a Phantom, and a Dawn as well.
- Bentley Brooklands: The boss owns a black Bentley Brooklands as well. The now discontinued model can fetch close to $185,000 even in today’s market scenario.
- 1971 Chevrolet Impala (Gucci Edition): Yes, this one’s a custom example in Rick Ross’ garage. It features a Gucci designer top, beige exterior color, and large 24-inch Gold Dayton wire wheels.
Motorcycles
Besides four wheels, Ross owns multiple distinct examples of two wheels as well. He owns a customized Harley trike and a BMW R75/6, to name a few.
Private Jet
Rick Ross bought himself a customized Black and Gold Gulfstream G550 jet. He shared the pictures on social media and called it a $5 billion jet. Typical prices of this jet vary between $15 million and $40 million.
What are Rick Ross’ charitable contributions?
Rick Ross is not all about splurging his wealth and making smart investments. He is also known to have donated a ton of money for the betterment of the community. Some of the donations / charities done by him are mentioned below:
- Auctions: Rick Ross recently auctioned off his sneakers, clothes, and some rare collectibles for charity at Julien’s Auctions .
- Boss Up Grant: Most proceeds from the above auctions were donated to the Boss Up Grant. It’s a charitable initiative between Creative Collective NYC and Rick Ross to strengthen the Black community supporting creatives and entrepreneurs.
- Donation To Miami High School: Rick Ross donated $200K to the Miami High School through the ”THRT” clothing line and supplies to inspire the students with their future endeavors.
- Donation to Fayette County Clinic: Due to shortage of funds, this particular clinic that offers free treatment to patients in need was in danger of closing. So, Rick Ross donated $30,000 to keep it running.
What’s next for Rick Ross?
Rick Ross is a brand that needs no introduction. Rick Ross will continue to produce energetic music for Gen Z with his husky voice and good flow. He even plans to enter the entertainment industry with Maybach Films.
He will continue to collaborate with major brands and work on strengthening his own brands. He has his own website that shares everything he is affiliated with. In a recent incident, a man sued Rick Ross for having no wheelchair accessibility at the Georgia car show.
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FAQs
What is Rick Ross's connection to the Miami music scene?
Rick Ross is closely associated with the Miami music scene and often incorporates references to the city in his music. He has also been involved in various philanthropic efforts in the Miami area.
Has Rick Ross had any legal issues?
Rick Ross has had several legal issues throughout his career, including arrests for possession of marijuana and assault. He was also sued by a former drug kingpin named "Freeway" Ricky Ross over the use of his name.
What is the meaning behind Rick Ross's stage name?
Rick Ross's stage name is a combination of the name of a notorious drug kingpin from Los Angeles named "Freeway" Ricky Ross and the name of rapper "Rick Rock."
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