Rick Ross Net Worth (Money & Salary)

What is Rick Ross’ net worth?

Rick Ross, an American rapper, songwriter, entrepreneur, record executive, producer, and CEO, boasts a net worth of $150 million. Throughout his career, Rick has sold millions of albums and tens of millions of singles globally. At different stages of his career, he has ranked among the top ten highest-paid rappers worldwide. As of now, his total career earnings exceed $90 million, excluding the valuation of real estate investments, his record label, and other income-generating activities.

In 2006, Rick Ross gained fame with his debut album, “Port of Miami,” which secured the number one spot on the U.S. Billboard 200. He is recognized for his unique husky voice and vivid storytelling within his lyrics. Following the success of his debut, Ross released several acclaimed albums such as “Trilla” (2008), “Deeper Than Rap” (2009), “Teflon Don” (2010), and “God Forgives, I Don’t” (2012), all achieving number one positions on the Billboard charts. His music frequently explores themes of wealth, criminality, and the Miami lifestyle.

Aside from his music career, Ross is the founder of Maybach Music Group (MMG), a record label that has released albums for successful artists like Meek Mill and Wale. Additionally, Ross is a businessman with numerous ventures, including ownership of multiple franchises of the Wingstop restaurant chain.

Early Life

Born William Leonard Roberts II on January 28, 1976, in Clarksdale, Mississippi, he was raised 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 until his resignation in June 1997, Ross worked as a correctional officer. Initially debuting under the stage name Teflon Da Don, he transformed his moniker to Rick Ross in the mid-2000s, drawing inspiration from the notorious drug kingpin “Freeway” Rick Ross.

In 2006, he released his debut single “Hustlin,” sparking a bidding war among record labels. Offers came from Diddy’s Bad Boy Entertainment and Irv Gotti’s Murder Inc., leading Ross to ultimately sign a multimillion-dollar deal with Jay-Z’s Def Jam Records. Subsequently, he released his first album, Port of Miami, which debuted at number one on the Billboard 200 album chart. His second album, Trilla, followed in 2008, achieving a similar chart-topper status.

In 2009, Ross established the record label Maybach Music Group, through which he launched his studio albums including 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 was the first artist associated with Diddy’s management company, Ciroc Entertainment.

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

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

up to cook with Martha Stewart.

Legal Issues

In a conventional sense, Ross has encountered legal troubles, having faced arrests for gun and drug-related offenses along with lawsuits from various individuals in the music sector. Arrested in January 2008 on charges involving guns and marijuana, the Miami Beach officer, Rey Hernandez, who apprehended Ross, was questioned by Ross’s attorney during a deposition about why the gang task force was assigned to his case. Hernandez pointed out that it was due to Ross claiming ties with the Carol City Cartel (Triple C’s) and other recognized gang members, though he failed to present any evidence linking Ross to the gang.

In August 2008, DJ Vlad, an entertainer on YouTube, took legal action against Ross for assault and battery. Vlad alleged that Ross orchestrated an ambush on him at the 2008 Ozone Awards in Houston, Texas, as a reaction to questions surrounding Ross’s past as a correctional officer.

In June 2010, “Freeway” Ricky Ross filed a copyright infringement lawsuit against the rapper for using his name in a California federal court. A ruling in favor of Rick Ross was made on December 30, 2013, allowing him to retain the name based on First Amendment grounds.

In 2021, Rick Ross agreed to a monthly child support payment of $11,000 to his ex-girlfriend Briana Singleton for their three children.

Personal Life

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

As a Christian, Rick Ross shared during an interview with Corey “Coco Brother” Condrey on Lift Every Voice that he had promised himself not to question God, regardless of his circumstances. Additionally, he mentioned that he prays before every performance.

On January 27, 2013, when celebrating his 37th birthday, Ross and his girlfriend were targeted in a drive-by shooting in Fort Lauderdale, Florida. Although neither sustained injuries, they ended up crashing their vehicle into an apartment while trying to flee the scene.

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

In 2017, Ross faced backlash for stating in an interview that he never signed a female rapper because “I would end up f*cking [her] and f*cking the business up.” Following this, he promptly apologized through a Facebook post, labeling his remarks as “insensitive” and a “mistake [he regrets].”

Numerous Wingstop restaurant locations are owned by Rick Ross.

Earnings Highlights

Since 2007, we have been monitoring Rick Ross’s salary and net worth. He has certainly kept himself occupied. Here’s a year-by-year breakdown of his earnings:

• 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, 50 Cent, a rival rapper, appeared on the Ed Lover morning show with a copy of Rick’s financial records that he had obtained during a child support case. These documents indicated that Ross’s actual financial condition was markedly different from the persona he preferred to project. Ross asserted that he owned three vehicles:

• A 2004 Maybach valued at $55,000
• A leased 2007 Cadillac Escalade with a worth of $30,000
• A 2006 Infinity Q56 priced at $30,000

Additionally, Ross claimed ownership of $45,000 in jewelry, which could imply that the jewelry showcased in his videos and on television was either counterfeit or borrowed. His mortgage payments amounted to $9,700 monthly, and he asserted that he spent $7,000 more than he earned each month.

Legal documents submitted in the child support case involving his ex-girlfriend disclosed that Rick Ross had a monthly income of $585,000 during 2020/2021.

Real Estate

In 2012, Ross acquired a 10,000-square-foot mansion located on the waterfront in Fort Lauderdale, Florida, for $5.2 million. This Mediterranean-style residence spans three stories and contains eight bedrooms, 11 bathrooms, and two half-baths. With two master suites, a theater, a game room, a full bar, an elevator, and a pool complete with a bar and spa, the property is built on almost half an acre and boasts 150 feet of private waterfront in the Seven Isles community. He initially listed this home for sale in 2014 at $9.25 million and later sold it in 2016 for just over $6 million.

In 2014, Ross made headlines by purchasing a sprawling 54,000-square-foot mansion outside Atlanta for $5.8 million. This expansive property, which was previously owned by boxer Evander Holyfield, sits on 235 acres and is considered the largest house in Georgia, featuring 12 bedrooms and 21 bathrooms.

In October 2020, Rick Ross invested $1 million in an additional 87 acres of land adjacent to his suburban Atlanta home, raising his total land ownership to 322 acres, which he named “The Promise Land.”

Reports in April 2023 indicated that he spent $4.2 million in cash to purchase Meek Mill’s mansion in Atlanta.

By July 2023, Rick was noted to be under contract for a mansion on Star Island in Miami, with a reported purchase price of $37 million.

Private Jet

In June 2023, Rick disclosed through an Instagram post that he had acquired a private jet. Following the plane’s tail number, it was determined that he had purchased a 2012 Gulfstream G550, which typically ranges in price from $10 million to $40 million, depending on various factors. It’s likely that Rick bought the jet for approximately $19.5 million in April 2023 through an LLC named Maybach Air.