Master P Net Worth (Money & Salary)

What Is Master P’s Net Worth?

With a net worth of $200 million, Master P is a prominent American rap mogul, entrepreneur, and film producer. He was among the most accomplished figures in hip-hop during the late 1990s and early 2000s and remains one of the wealthiest rappers/entrepreneurs around today.

In the mid-1990s, Master P rose to fame as the founder of No Limit Records, which became one of the most flourishing independent record labels in the music business. His music career gained momentum with the launch of his platinum-selling album “Ice Cream Man” in 1996, quickly followed by hit releases like “Ghetto D” and “MP Da Last Don.”

Famed for his unique Southern rap style and entrepreneurial skills, Master P has broadened his empire beyond music, delving into film production, real estate, and various business ventures. He has starred in several films, including “I Got the Hook Up” and “Gone in 60 Seconds,” and is also known for his philanthropic efforts.

Over his career, Master P has sold more than 100 million records globally, establishing him as one of the most accomplished artists in hip-hop history. His impact transcends music, with recognition for his business acumen and his journey in building a multimillion-dollar empire from modest beginnings.

Early Life

Born as Percy Miller on April 29, 1970, in New Orleans, Louisiana—a city famous for its music but not necessarily the genre he would later produce—Master P grew up in the Calliope Projects. He was the third of four siblings, with two brothers, Vyshonne and Corey, who later became successful rap artists known as Silkk the Shocker and C-Murder.

The Calliope Projects, notoriously known for their violence, were Master P’s home during his upbringing. Following his parents’ divorce, he divided his time between New Orleans with his father’s family and Richmond, California, where his mother’s relatives resided.

An enthusiastic basketball player, Master P attended Booker T. Washington High School and Warren Easton High School, where he earned a scholarship to the University of Houston. However, shortly into his collegiate journey, he transferred to Merritt Junior College in Oakland, California, to pursue a degree in business.

Career

Master P’s career spans various fields, making it challenging to categorize into just a few roles. He has amassed his wealth through multiple streams, including his endeavors as a rapper, entrepreneur, and occasional actor.

While still in Oakland, Master P received $10,000 from his grandfather’s estate, which he used to establish a record store, naming it No Limit Records. After familiarizing himself with his customer’s preferences, he decided in 1990 to transform the store into a record label. The first release was the 1990 cassette-exclusive EP “Mind of a Psychopath,” under the band title The Real Untouchables (often abbreviated to TRU), a supergroup that featured two of his brothers. Tragically, that year also saw the death of another brother, Kevin, in New Orleans.

Since starting his career, Master P has consistently released and produced music, beginning with his debut album “Get Away Clean” in 1991. Additional solo albums and collaborations with TRU further elevated his status in the underground gangsta rap scene. In 1995, he relocated the label back to New Orleans, where he continued to grow his empire and released a diverse selection of albums, achieving varying levels of success.

Among the more popular albums released during this period are “Mr. Ice Cream Man” and “Ghetto D,” which includes…

his best-known single, “Make ‘Em Say Uhh!” was part of the album “Ghetto D,” which sold over 260,000 copies during its initial week and later attained triple platinum certification. In 1998, he unveiled the popular album “MP Da Last Don,” which outperformed “Ghetto D” by debuting at #1 on the “Billboard” charts and exceeding 400,000 units sold in its first week. That same year, Master P also released a film to accompany the album. By 2001, he launched his tenth studio album, “Game Face,” followed by his eleventh album in 2004. Master P and his son Lil’ Romeo established the independent label Guttar Music in 2005 and released an album dedicated to Hurricane Katrina victims. Two years later, they collaborated on an album that sold 32,000 copies worldwide. Master P continued to collaborate, record, and tour, releasing annual mixtapes. His sixth collaborative mixtape, “We All We Got,” was launched in January 2017 with his group No Limit Boys. In total, he has released 15 studio albums.

Other pursuits

During the late ’90s, Master P developed a diverse business empire comprising various rap labels, a clothing line, a management company, a high-end travel agency, a film production company, a video game company, and even a phone sex line.

Among his varied business ventures, No Limit Records stands out as his most recognized and arguably most successful project, introducing Southern Rap to the mainstream and selling over 80 million records globally. In 1998, Master P’s business endeavors generated over $160 million. He wrote and published his first book, “Guaranteed Success,” in 2007.

As an investor, Master P has achieved considerable success, notably as the founder and CEO of No Limit Entertainment, which is regarded as one of the most successful independent record labels in history.

In addition to his music career, Master P has experienced some success in acting since 1997, participating in various feature films and straight-to-DVD releases. He had a brief stint with World Championship Wrestling in 1999 and was a contestant on “Dancing with the Stars,” where he partnered with Ashly DelGrosso, scoring the lowest in the show’s history and getting eliminated in Week 4.

In the acting realm, he is most recognized for his role in the Nickelodeon sitcom Romeo!, where he played the father of the main character, fitting given that Lil’ Romeo, the rapper, is his real-life son. In 2015, it was announced that Master P and his family would feature in their own reality show, “Master P’s Family Empire,” which aired on Reelz for one season with ten episodes.

In October 2019, Master P acquired ownership of the Brooklyn-based independent wrestling promotion House of Glory.

Accolades

Master P was honored as the Favorite Rap/Hip Hop Artist at the American Music Awards in 1999. He was ranked #36 in 2005 on VH1’s list of 50 Greatest Hip Hop Artists. His single “Make Em Say Uhh!” was placed at #94 on VH1’s 100 Greatest Hip Hop Songs. He has also been recognized at #28 on BET’s list of The Most Influential Rappers of All Time. Moreover, BET

He was recognized as one of the 25 Most Influential Black Music Executives. In July 2013, Master P achieved the distinction of being the first hip-hop artist to enter the Louisiana Music Hall of Fame. By 2021, he was awarded an honorary doctorate from Lincoln University in Pennsylvania.

Personal life

In 1989, Master P wed Sonya Miller, and the couple shares seven children. When Miller filed for divorce in 2014, she alleged that the rapper possessed 31 properties nationwide, owned 13 cars, and operated 45 profitable companies. Additionally, she asserted that No Limit Records had a value of $136 million according to the company’s own audit and that Master P’s net worth peaked at $350 million. She sought 40% of his assets, and the divorce was settled later that year on undisclosed terms.

In 2020, Master P relocated to Minneapolis, Minnesota, from Hollywood to care for a sick family member. In May 2022, he shared the news of his daughter Tytyana Miller’s passing at the age of 29.

Master P dedicates time to underserved communities via his organizations: the P Miller Youth Centers and the P Miller Food Foundation for the Homeless. In 1999, he contributed $500,000 to his Catholic elementary school and two local churches. In July 2005, he was honored with the key to the city of Memphis, Tennessee.

In 2007, Master P became actively engaged in politics, advocating for increased voter participation. He was an early backer of Illinois Senator Barack Obama’s candidacy and supported his presidential campaign. In April 2010, both Master P and his son, Lil’ Romeo, received a Certificate of Special Recognition from Congress member Maxine Waters. Later that year, they co-hosted an anti-obesity event featuring Michelle Obama.

In April 2023, Master P announced a partnership with Swizzle Dinner and Drinks to introduce a special menu item aimed at benefiting children in Louisville. The dish, consisting of twin petite Angus filets with crawfish and cajun cream sauce, reflects his Louisiana heritage, with 20 percent of each order’s proceeds directed to the Game Changers outreach program.

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Master P Net Worth (Money & Salary)

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The data sourced is from 2023 and 2024, with projections extending to 2025 and 2026. Moreover, we have extended the forecast to include 2027 and 2028.

 

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* This information was taken from various sources around the world, including these countries:

Australia, Canada, USA, UK, UAE, India, Pakistan, Philippines, Indonesia, Nigeria, Tanzania, Kenya, US, United Kingdom, United States of America, Malaysia, U.S., South Africa, New Zealand, Turkey, United Arab Emirates.

Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antarctica, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan.

Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Bouvet Island, Brazil, British Indian Ocean Territory, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi.

Cambodia, Cameroon, Canada, Cape Verde, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island, Cocos (Keeling Islands), Colombia, Comoros, Congo, Cook Islands, Costa Rica, Cote D’Ivoire (Ivory Coast), Croatia (Hrvatska), Cuba, Cyprus, Czech Republic.

Denmark, Djibouti, Dominica, Dominican Republic, East Timor, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Ethiopia, Falkland Islands (Malvinas), Faroe Islands, Fiji, Finland, France, Metropolitan, French Guiana, French Polynesia, French Southern Territories.

Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guadeloupe, Guam, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Heard and McDonald Islands, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy.

Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, North Korea, South Korea, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Liechtenstein, Lithuania, Luxembourg.

Macau, Macedonia, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montserrat, Morocco, Mozambique, Myanmar.

Namibia, Nauru, Nepal, Netherlands, Netherlands Antilles, New Caledonia, New Zealand (NZ), Nicaragua, Niger, Nigeria, Niue, Norfolk Island, Northern Mariana Islands, Norway.

Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn, Poland, Portugal, Puerto Rico, Qatar, Reunion, Romania, Russia, Rwanda, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and The Grenadines, Samoa, San Marino, Sao Tome and Principe.

Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, Somalia, South Africa, South Georgia and South Sandwich Islands, Spain, Sri Lanka, St. Helena, St. Pierre and Miquelon, Sudan, Suriname, Svalbard and Jan Mayen Islands, Swaziland, Sweden, Switzerland, Syria.

Taiwan, Tajikistan, Tanzania, Thailand, Togo, Tokelau, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Uganda, Ukraine, United Arab Emirates (UAE), UK (United Kingdom), USA (United States of America, U.S.), US Minor Outlying Islands.

Uruguay, Uzbekistan, Vanuatu, Vatican City State (Holy See), Venezuela, Vietnam, Virgin Islands (British), Virgin Islands (US), Wallis and Futuna Islands, Western Sahara, Yemen, Yugoslavia, Zaire, Zambia, Zimbabwe.

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Article Title: Master P Net Worth (Money & Salary)
Last Updated: April 17, 2025