Rick Ross Net Worth (Money & Salary)

What is Rick Ross’ net worth?

With a net worth of $150 million, Rick Ross stands as an American rapper, songwriter, entrepreneur, record executive, producer, and CEO. Over the course of his career, he has sold millions of albums and tens of millions of singles globally. At times, he has ranked among the top ten highest-paid rappers worldwide, and as of now, his total career earnings have surpassed $90 million. This figure excludes the worth of his real estate investments, record label, and other revenue-generating ventures.

Rick Ross gained recognition in 2006 upon the release of his debut album “Port of Miami,” which was a chart-topper on the U.S. Billboard 200. Known for his unique husky voice and engaging storytelling in his lyrics, Ross built on his initial success with more acclaimed albums including “Trilla” (2008), “Deeper Than Rap” (2009), “Teflon Don” (2010), and “God Forgives, I Don’t” (2012), each hitting the top of the Billboard charts. His music frequently explores themes of wealth, crime, and the Miami lifestyle.

Apart from his musical pursuits, Ross is the founder of Maybach Music Group (MMG), a record label that has released albums from successful artists such as Meek Mill and Wale. In addition to his musical achievements, he ventures into entrepreneurship, owning several franchises of the Wingstop restaurant chain.

Early Life

William Leonard Roberts II, born on January 28, 1976, in Clarksdale, Mississippi, grew up in Carol City, Florida. He completed his education at Miami Carol City Senior High School and later attended Albany State University, a historically black college, on a football scholarship.

Career

For 18 months, from December 1995 to June 1997, Ross worked as a correctional officer before leaving the position. Initially, he debuted using the name Teflon Da Don but switched to Rick Ross in the mid-2000s, taking inspiration from the infamous drug kingpin “Freeway” Rick Ross.

His first single “Hustlin” was released in 2006 and led to a bidding war for his talent. Offers poured in from Diddy’s Bad Boy Entertainment and Irv Gotti’s Murder Inc., ultimately culminating in a multimillion-dollar contract with Jay-Z’s Def Jam Records. That same year, he launched his debut album, Port of Miami, which premiered at the top of the Billboard 200. His second album, Trilla, followed in 2008 and similarly achieved the number one spot on the Billboard 200.

In 2009, Ross established the record label Maybach Music Group, under which he produced his studio albums Deeper Than Rap (2009), Teflon Don (2010), God Forgives, I Don’t (2012), Mastermind, Hood Billionaire (both in 2014), Black Market (2015), Rather You Than Me (2017), Port of Miami 2 (2019), and Richer Than I Ever Been (2021). Additionally, he became the first artist to be signed by Diddy’s management company, Ciroc Entertainment.

MTV recognized Ross as the Hottest MC in the Game in early 2012.

Ross made an appearance on VH1’s popular series Snoop and Martha’s Potluck Dinner Party, where he was paired…

to cook with Martha Stewart.

Legal Issues

Ross’s legal troubles have been notable; he has faced arrests related to guns and drugs, along with lawsuits from various music industry figures. In January 2008, Ross found himself arrested on charges regarding gun possession and marijuana. During a deposition with Officer Rey Hernandez, the Miami Beach officer who apprehended Ross, the lawyer inquired why Ross’s case was allocated to the gang task force. The officer indicated that it was because Ross had claimed links to Triple C’s (also known as Carol City Cartel) and other recognized gang individuals. Nonetheless, no evidence of Ross’s gang affiliation was provided by the officer.

In August 2008, DJ Vlad, a YouTube personality, initiated a lawsuit against Ross citing assault and battery. Vlad accused Ross of orchestrating an ambush during the 2008 Ozone Awards in Houston, Texas, after Vlad inquired about Ross’s past as a correctional officer.

In June 2010, “Freeway” Ricky Ross initiated a copyright infringement claim against Ross for using his name in California federal court. Eventually, on December 30, 2013, the court favored rapper Rick Ross, permitting him to retain the name founded on a First Amendment ruling.

In 2021, agreement was reached where Rick Ross would pay his ex-girlfriend Briana Singleton a monthly sum of $11,000 in child support for their three shared children.

Personal Life

Ross is the father of four children: Toie Roberts, William Roberts III, Berkeley Hermes Roberts, and Billion Leonard Roberts.

As a Christian, Rick Ross expressed, during an interview with Corey “Coco Brother” Condrey on Lift Every Voice, that he has told himself, “no matter what I go through, I never question God.” Furthermore, Ross mentioned that he prays prior to every performance.

On January 27, 2013, while celebrating his 37th birthday, Ross and his girlfriend were targeted in a drive-by shooting in Fort Lauderdale, Florida. Fortunately, neither sustained injuries, though they crashed their vehicle into an apartment while trying to escape the attack.

In 2015, Ross became briefly engaged to Lira “Galore” Mercer.

In 2017, for remarks made in an interview where he claimed he never signed a female rapper because “I would end up f*cking [her] and f*cking the business up,” Ross faced backlash. He later issued an apology via Facebook, deeming his comments “insensitive” and a “mistake [he regrets].”

Rick Ross owns multiple Wingstop restaurant locations.

Earnings Highlights

Since 2007, we’ve been monitoring Rick Ross’s salary and net worth. He has certainly kept busy. Below is a yearly salary breakdown:

• 2007 – $2 million
• 2008 – $3 million
• 2009 – $6 million
• 2010 – $5 million
• 2011 – $6 million
• 2012 – $9 million
• 2013 – $6 million
• 2014 – $7 million
• 2015 – $9 million
• 2016 – $10 million
• 2017 – $11 million
• 2018 – $4 million
• 2019 – $5 million
• 2020 – $7 million

Total:

$90 million

Rival rapper 50 Cent showcased a copy of Rick’s financial records during a child support case when he appeared on the Ed Lover morning show in February 2009. These documents disclosed that Ross’ actual financial situation was quite different from the persona he preferred to project. He claimed ownership of three vehicles:

• 2004 Maybach valued at $55,000
• Leased 2007 Cadillac Escalade valued at $30,000
• 2006 Infinity Q56 valued at $30,000

In addition, Ross asserted that he possessed jewelry worth $45,000, which implies that the jewelry he wore in his music videos and on television might have been fake or borrowed. His mortgage payments each month amounted to $9,700, and he reported spending an additional $7,000 beyond his income every month.

Legal documents from the child support case with his former girlfriend indicated that Rick Ross’ monthly income was approximately $585,000 during the years 2020/2021.

Real Estate

In 2012, Rick Ross bought a 10,000-square-foot waterfront mansion in Fort Lauderdale, Florida, for $5.2 million. This Mediterranean-style residence spans three stories and includes eight bedrooms, eleven bathrooms, and two half-baths. The property features two master suites, a theater, a game room, a full bar, an elevator, and a pool with a bar and spa area. Situated on nearly half an acre, it boasts 150 feet of private waterfront in the Seven Isles community of Fort Lauderdale. Ross listed the home for sale in 2014 at $9.25 million and finalized a sale in 2016 for just over $6 million.

In 2014, he gained media attention after purchasing a 54,000-square-foot, 109-room mansion previously owned by boxer Evander Holyfield for $5.8 million. This estate, thought to be the largest residence in Georgia, offers twelve bedrooms and twenty-one bathrooms.

In October 2020, Rick Ross invested $1 million in additional land, acquiring 87 more acres adjacent to his suburban Atlanta mansion. This acquisition increased his total property size to 322 acres, which he has named “The Promise Land.”

Reports in April 2023 mentioned that Rick Ross spent $4.2 million in cash to acquire Meek Mill’s mansion in Atlanta.

In July 2023, there were reports indicating that Rick was under contract for a mansion located on Star Island in Miami, with a purchasing price around $37 million.

Private Jet

In June 2023, Rick unveiled through an Instagram update that he had acquired a private jet. By tracing the jet’s tail number, it was discovered that he purchased a 2012 Gulfstream G550. Such aircraft from 2012 typically range in price from $10 million to $40 million. It’s believed Rick’s jet was acquired for approximately $19.5 million in April 2023 through an LLC named Maybach Air.