Are you curious about Rick Ross’s net worth, his journey through the music industry, and his impressive real estate portfolio in 2024? From chart-topping hits to lucrative business ventures, Rick Ross’s career continues to thrive. But how much is he worth, and what does his empire look like today?
As of 2024, Rick Ross has a staggering net worth of $150 million, driven by both his music and entrepreneurial endeavors. Known for his luxurious real estate investments, he owns multiple properties, including his iconic Atlanta mansion. This article will explore his biography, career highlights, and financial success in depth.
Who is Rick Ross?
Ross began his music career in the early 2000s and gained significant attention with his debut single “Hustlin’” in 2006. This track led to a bidding war among major record labels, and he eventually signed with Def Jam Recordings. His debut album, Port of Miami, was released in 2006 and debuted at number one on the Billboard 200 chart.
Over the years, Rick Ross has released several successful albums, including Trilla (2008), Deeper Than Rap (2009), Teflon Don (2010), and God Forgives, I Don’t (2012). He is also the founder of the record label Maybach Music Group (MMG), which has signed artists like Meek Mill, Wale, and French Montana.
In addition to his music career, Ross has ventured into various business endeavors, including owning several Wingstop franchises and launching his own line of luxury products. Despite facing legal issues and controversies, he remains a prominent figure in the hip-hop industry
Here’s an overview of Rick Ross’s net worth and biography in a table format:
| Net Worth 2024 | $150 Million |
| Full Name | William Leonard Roberts II |
| Stage Name | Rick Ross |
| Date of Birth | January 28, 1976 |
| Place of Birth | Clarksdale, Mississippi, USA |
| Career Start | 2000 (as Teflon Da Don) |
| Debut Album | Port of Miami (2006) |
| Notable Albums | Trilla (2008), Deeper Than Rap (2009), God Forgives, I Don’t (2012) |
| Record Label | Maybach Music Group (MMG) |
| Business Ventures | Wingstop franchises, Belaire Rose Champagne, Rich by Rick Ross (hair care) |
| Real Estate | Multiple properties including Evander Holyfield’s mansion in Atlanta |
| Personal Life | Christian, has children, briefly engaged to Lira “Galore” Mercer in 2015 |
| Legal Issues | Various lawsuits and charges, including over his stage name |
What is Rick Ross’ net worth in 2024?
Rick Ross is a well-known American rapper, songwriter, and entrepreneur with an impressive net worth of $150 million. Over the years, he has sold millions of albums and singles around the globe. At various points in his career, he has ranked among the top 10 highest-paid rappers worldwide. As of now, his career earnings exceed $90 million, excluding his real estate investments, record label profits, and other business ventures.
Ross gained fame in 2006 with his debut album Port of Miami, which premiered at number one on the U.S. Billboard 200 chart. With his deep, husky voice and storytelling style, he continued his success with albums like Trilla (2008), Deeper Than Rap (2009), Teflon Don (2010), and God Forgives, I Don’t (2012), all of which also topped the charts. His music often explores themes like wealth, crime, and life in Miami.
Apart from music, Rick Ross founded the record label Maybach Music Group (MMG), which has released albums for artists like Meek Mill and Wale. He’s also an entrepreneur with diverse business ventures, including owning multiple Wingstop restaurant franchises.
Key Facts
- Rick Ross has earned $90 million from his music and touring career so far.
- In 2014, he purchased Evander Holyfield’s suburban Atlanta mansion for $6 million.
- The mansion boasts 190 rooms and is situated on 235 acres.
- Spanning 54,000 square feet, it is the largest mansion in Georgia.
- In 2020, Ross bought an additional 87 acres of land next to his property.
- The total acreage of Rick Ross’s Atlanta estate now stands at 322 acres.
Early Life
William Leonard Roberts II, known as Rick Ross, was born on January 28, 1976, in Clarksdale, Mississippi. He grew up in Carol City, Florida. After graduating from Miami Carol City Senior High School, he attended Albany State University on a football scholarship.
Career
Rick Ross worked as a correctional officer for 18 months, from December 1995 to June 1997, before resigning. He initially performed under the name Teflon Da Don but later adopted the name Rick Ross in the mid-2000s, inspired by the former drug kingpin “Freeway” Rick Ross.
In 2006, Ross released his debut single “Hustlin’,” which led to a bidding war between major labels. He chose to sign a multimillion-dollar deal with Jay-Z’s Def Jam Records. That same year, he released his debut album, Port of Miami, which topped the Billboard 200 chart. His second album, Trilla, also debuted at number one in 2008.
In 2009, Ross founded Maybach Music Group and released several successful albums, including Deeper Than Rap (2009), Teflon Don (2010), God Forgives, I Don’t (2012), Mastermind and Hood Billionaire (2014), Black Market (2015), Rather You Than Me (2017), Port of Miami 2 (2019), and Richer Than I Ever Been (2021). He was also the first artist to sign with Diddy’s management company, Ciroc Entertainment.
In early 2012, MTV named Rick Ross the Hottest MC in the Game. Additionally, he made an appearance on VH1’s Snoop and Martha’s Potluck Dinner Party, where he cooked with Martha Stewart.
(Photo by Paras Griffin/Getty Images)
Legal Issues
Rick Ross has faced several legal issues over the years. In January 2008, he was arrested on charges related to guns and marijuana. During the legal proceedings, it was revealed that his case was assigned to a gang task force because Ross had claimed affiliation with the Triple C’s (Carol City Cartel) and other known gang members. However, the arresting officer did not provide concrete evidence linking Ross to the gang.
Later that year, DJ Vlad, a YouTube personality, sued Ross for assault and battery. Vlad alleged that Ross had orchestrated an attack on him at the 2008 Ozone Awards in Houston, Texas, after Vlad questioned him about his past as a correctional officer.
In June 2010, “Freeway” Ricky Ross sued the rapper Rick Ross for using his name. This lawsuit, filed in a California federal court, claimed copyright infringement. On December 30, 2013, the court ruled in favor of Rick Ross, allowing him to continue using the name based on First Amendment rights.
In 2021, Rick Ross agreed to pay his ex-girlfriend Briana Singleton $11,000 per month in child support for their three children.
Personal Life
Rick Ross has four children: Toie Roberts, William Roberts III, Berkeley Hermes Roberts, and Billion Leonard Roberts.
He is a Christian and has shared in interviews that he maintains his faith through life’s challenges. Ross has mentioned that he never questions God, no matter what he faces, and that he prays before 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 Ross nor his girlfriend was injured, although their car crashed into an apartment as they attempted to escape.
In 2015, Ross was briefly engaged to Lira “Galore” Mercer.
In 2017, Ross faced backlash after making controversial comments about never signing a female rapper, suggesting it would negatively impact his career. He quickly apologized for his remarks, calling them “insensitive” and expressing regret.
Additionally, Rick Ross owns multiple Wingstop restaurant locations, further showcasing his entrepreneurial ventures.
Earnings Highlights
We’ve been tracking Rick Ross’s salary and net worth since 2007. Here’s a summary of his earnings year by year:
- 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
In February 2009, rival rapper 50 Cent revealed documents on the Ed Lover morning show that detailed Rick Ross’s financial situation. These documents indicated that Ross’s actual financial status was not as extravagant as he often portrayed. According to the documents, Ross claimed ownership of three cars:
- A 2004 Maybach valued at $55,000
- A leased 2007 Cadillac Escalade valued at $30,000
- A 2006 Infiniti Q56 valued at $30,000
He also stated that he owned $45,000 worth of jewelry, implying that much of the jewelry he displayed in videos and on TV might have been fake or borrowed. Ross’s monthly mortgage payments were reported at $9,700, and he claimed to spend $7,000 more each month than he earned.
In legal documents related to a child support case with his ex-girlfriend, it was revealed that Rick Ross’s monthly income was approximately $585,000 in 2020/2021.
(Photo by Paras Griffin/Getty Images for BET)
Real Estate
In 2012, Rick Ross bought a stunning 10,000-square-foot waterfront mansion in Fort Lauderdale, Florida, for $5.2 million. This Mediterranean-style, three-story home features eight bedrooms, 11 bathrooms, and two half-baths. It includes two master suites, a theater, a game room, a full bar, an elevator, and a pool with a bar and spa. Located on nearly half an acre with 150 feet of private waterfront in the Seven Isles community, Ross listed the home for $9.25 million in 2014 and sold it for just over $6 million in 2016.
In 2014, Ross made headlines by purchasing a massive 54,000-square-foot mansion in Atlanta, formerly owned by boxer Evander Holyfield, for $5.8 million. With 109 rooms, including 12 bedrooms and 21 bathrooms, it is believed to be the largest home in Georgia and sits on 235 acres.
In October 2020, Ross expanded his property by acquiring an additional 87 acres of land near his Atlanta mansion for $1 million, increasing his total acreage to 322. He has named this estate “The Promise Land.”
In April 2023, Ross bought Meek Mill’s Atlanta mansion for $4.2 million in cash. Later, in July 2023, it was reported that he was in contract to purchase a mansion on Star Island in Miami for $37 million.
Private Jet
In June 2023, Rick Ross shared on Instagram that he had bought a private jet. The plane, identified by its tail number, is a 2012 Gulfstream G550. The cost of a 2012 Gulfstream G550 typically ranges from $10 million to $40 million, depending on various factors. Rick Ross’s jet was most likely purchased for $19.5 million in April 2023 through an LLC named Maybach Air.
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