Rick Ross Net Worth (Money & Salary)
Title: Rick Ross Net Worth (Money & Salary)
Last Updated: November 30, 2024
What is Rick Ross’ net worth?
An American rapper, songwriter, entrepreneur, record executive, producer, and CEO, Rick Ross boasts a net worth of $150 million. Throughout his career, he has sold millions of albums and tens of millions of singles globally. At various points in his career, he has ranked among the ten highest-paid rappers worldwide. As noted in this writing, his total career earnings exceed $90 million, excluding the worth of his real estate investments, record label, and other income-generating pursuits.
In 2006, Rick Ross gained recognition with his debut album “Port of Miami,” which entered the U.S. Billboard 200 at number one. Renowned for his unique husky voice and evocative storytelling in his lyrics, Ross followed up his successful debut with several other acclaimed albums such as “Trilla” (2008), “Deeper Than Rap” (2009), “Teflon Don” (2010), and “God Forgives, I Don’t” (2012), all of which topped the Billboard charts. His music frequently explores themes related to wealth, criminality, and the lifestyle in Miami.
Aside from his musical ventures, he is the founder of Maybach Music Group (MMG), a record label that has released albums from popular artists like Meek Mill and Wale. Ross is also known for his entrepreneurial spirit, possessing a diverse array of business interests, including owning multiple franchises of the Wingstop restaurant chain.
Early Life
Born William Leonard Roberts II 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, a historically black college, on a football scholarship.
Career
For 18 months, Ross worked as a correctional officer, from December 1995 until his resignation in June 1997. He initially debuted using the name Teflon Da Don, eventually changing it to Rick Ross in the mid-2000s, a name inspired by the former drug lord “Freeway” Rick Ross.
His debut single “Hustlin” was released in 2006, catapulting him into the spotlight and drawing attention from major record labels. He received offers from Diddy’s Bad Boy Entertainment and Irv Gotti’s Murder Inc., ultimately signing a multimillion-dollar contract with Jay-Z’s Def Jam Records. Later that year, his debut album, Port of Miami, premiered at number one on the Billboard 200 album chart. Ross’s second album, Trilla, was released in 2008, also debuting at number one on the Billboard 200.
In 2009, Ross established Maybach Music Group, through which he released 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 became the inaugural artist signed to Diddy’s management company, Ciroc Entertainment.
MTV recognized Ross as the Hottest MC in the Game in early 2012.
He made an appearance on VH1’s popular series Snoop and Martha’s Potluck Dinner Party, where he was paired…
up to cook with Martha Stewart.
Legal Issues
In terms of legal troubles, Ross has experienced issues typical of a high-profile figure—his history includes arrests related to firearms and drugs, in addition to facing various lawsuits from others in the music industry. In January 2008, he was taken into custody on charges involving guns and marijuana. During a deposition with Officer Rey Hernandez, the Miami Beach officer who arrested him, Ross’s attorney inquired why Ross’s case had been assigned to the gang unit. The officer mentioned it was due to Ross’s claims of having connections with Triple C’s (also known as Carol City Cartel) and other identified gang members, although he did not present evidence supporting Ross’s gang affiliation.
In August 2008, DJ Vlad, a YouTube personality, initiated a lawsuit against Ross, accusing him of assault and battery. Vlad alleged that Ross orchestrated an ambush during the 2008 Ozone Awards in Houston, Texas, because of his inquiries into Ross’s prior role as a correctional officer.
A lawsuit for copyright infringement was filed by “Freeway” Ricky Ross against the rapper in June 2010, claiming the unauthorized use of his name. However, on December 30, 2013, the court made a ruling favoring Rick Ross, permitting him to retain his name based on First Amendment protections.
In 2021, Rick Ross consented to pay $11,000 monthly in child support to his former girlfriend Briana Singleton, pertaining to their three children.
Personal Life
Rick Ross is the father of four children: Toie Roberts, William Roberts III, Berkeley Hermes Roberts, and Billion Leonard Roberts.
A practicing Christian, Ross mentioned in a discussion with Corey “Coco Brother” Condrey on Lift Every Voice that he has resolved never to question God, no matter the circumstances. He also stated that before taking the stage to perform, he engages in prayer each time.
On January 27, 2013, during his 37th birthday celebration, Ross, along with his girlfriend, became targets of a drive-by shooting in Fort Lauderdale, Florida. Luckily, neither of them sustained injuries, but they crashed their vehicle into an apartment while trying to escape the attack.
Ross was engaged briefly to Lira “Galore” Mercer in 2015.
Criticism arose in 2017 when Ross remarked in an interview that he avoided signing a female rapper because he believed it would lead to personal complications that could damage his business. He later issued an apology via a Facebook post, referring to his comments as “insensitive” and a “mistake [he regrets].”
Rick Ross operates several locations of the Wingstop restaurant chain.
Earnings Highlights
Since 2007, we have been monitoring Rick Ross’s earnings and net worth, reflecting his active career. Below is a yearly breakdown of his salary:
- 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
During a child support case in February 2009, rival rapper 50 Cent appeared on the Ed Lover morning show, presenting Rick Ross’ financial disclosure. This information indicated that Ross’ actual financial situation deviated significantly from the persona he wished to project. Ross asserted he owned three vehicles:
- 2004 Maybach valued at $55,000
- Leased 2007 Cadillac Escalade appraised at $30,000
- 2006 Infinity Q56 priced at $30,000
Additionally, Ross mentioned possessing $45,000 in jewelry, which implied that the jewelry showcased in his music videos and on television was either imitation or borrowed. His monthly mortgage expenses amounted to $9,700, and he claimed to exceed his monthly earnings by $7,000.
Revealed in the legal documents related to the child support case with his former girlfriend, it was disclosed that Rick Ross’ monthly earnings were approximately $585,000 in 2020/2021.
Real Estate
In 2012, Ross acquired a 10,000-square-foot bayfront mansion in Fort Lauderdale, Florida for $5.2 million. This Mediterranean-style abode spans three stories, featuring eight bedrooms, 11 bathrooms, and two half-baths. The house includes two master suites, a media room, a game area, a complete bar, an elevator, and a swimming pool outfitted with a bar and spa. Positioned on nearly half an acre, the estate boasts 150 feet of private waterfront in the Seven Isles enclave of Fort Lauderdale. He listed the home for sale in 2014 at $9.25 million and eventually sold it in 2016 for just over $6 million.
In 2014, Ross garnered attention after he purchased a 54,000-square-foot, 109-room mansion on 235 acres outside Atlanta for $5.8 million, a property formerly owned by boxer Evander Holyfield. It is believed to be the largest residence in Georgia, featuring 12 bedrooms and 21 bathrooms.
In October 2020, Rick Ross invested $1 million to expand his land by an additional 87 acres adjacent to his Atlanta mansion, bringing his total land area to 322 acres. He refers to this estate as “The Promise Land.”
Recent reports from April 2023 indicated that Rick Ross spent $4.2 million in cash to acquire Meek Mill’s mansion in Atlanta.
In July 2023, Rick was said to be in contract to purchase a mansion on Star Island in Miami, with a reported price tag of $37 million.
Private Jet
In June 2023, via an Instagram post, Rick disclosed his acquisition of a private jet. Examination of the plane’s tail number revealed that he had purchased a 2012 Gulfstream G550. Depending on various conditions, 2012 G550 models can sell for between $10 million and $40 million. It is estimated that Rick’s jet was acquired for $19.5 million in April 2023 by an LLC named Maybach Air.
Rick Ross Net Worth (Money & Salary)
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Information is derived from 2023 and 2024, with projections extending to 2025 and 2026. Furthermore, we will expand the forecast data to include 2027 and 2028.
* 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.
Post Title: Rick Ross Net Worth (Money & Salary)
Last Updated: November 30, 2024