Rick Ross Net Worth (Money & Salary)

What is Rick Ross’ net worth?

Rick Ross, an acclaimed American rapper, songwriter, entrepreneur, record executive, producer, and CEO, boasts a remarkable net worth of $150 million. Over the course of his career, he has sold millions of albums and tens of millions of singles globally. He has frequently been listed among the ten highest-paid rappers worldwide. As of now, his total career earnings exceed $90 million, excluding the worth of his real estate investments, record label, and various other revenue-generating enterprises.

In 2006, Rick Ross gained significant recognition with his debut album “Port of Miami,” which soared to the number one spot on the U.S. Billboard 200. Renowned for his unique deep voice and vivid storytelling in his lyrics, he continued his success with a series of hit albums, including “Trilla” (2008), “Deeper Than Rap” (2009), “Teflon Don” (2010), and “God Forgives, I Don’t” (2012), all reaching the top of the Billboard charts. His musical themes often explore topics of wealth, criminal lifestyles, and life in Miami.

Apart from his music career, Ross established the record label Maybach Music Group (MMG), representing successful artists like Meek Mill and Wale. Additionally, he engages in entrepreneurial ventures, owning multiple franchises of the Wingstop restaurant chain.

Early Life

William Leonard Roberts II was born on January 28, 1976, in Clarksdale, Mississippi, yet he grew up in Carol City, Florida. He completed his education at Miami Carol City Senior High School before attending 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 resigning. Initially, he debuted under the name Teflon Da Don but later adopted the name Rick Ross in the mid-2000s, inspired by the notorious drug lord “Freeway” Rick Ross.

In 2006, he released his debut single “Hustlin,” which sparked a bidding war among major labels. He received offers from Diddy’s Bad Boy Entertainment and Irv Gotti’s Murder Inc. Ultimately, Ross signed a lucrative deal with Jay-Z’s Def Jam Records. That year, his debut album, Port of Miami, hit number one on the Billboard 200 album chart. His second album, Trilla, was launched in 2008, also debuting at the top of the Billboard 200.

Ross founded Maybach Music Group in 2009, through which he released his studio albums including Deeper Than Rap (2009), Teflon Don (2010), God Forgives, I Don’t (2012), Mastermind, and 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 to sign with Diddy’s management venture, Ciroc Entertainment.

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

He is also featured on VH1’s beloved series Snoop and Martha’s Potluck Dinner Party, where he showcased his cooking talents alongside Martha Stewart.

to cook with Martha Stewart.

Legal Issues

In a traditional sense, trouble with the law has found Ross, including arrests related to guns and drugs, along with multiple lawsuits from others in the music industry. In January 2008, he faced arrest on charges relating to gun possession and marijuana. During a deposition involving Officer Rey Hernandez, the Miami Beach officer who took Ross into custody, Ross’s attorney inquired why the case had been assigned to the gang task force. Hernandez revealed that it was due to Ross claiming association with Triple C’s (also known as Carol City Cartel) and various known gang members; he did not, however, present evidence of Ross’s gang affiliation.

In August 2008, Ross found himself facing a lawsuit from YouTube entertainer DJ Vlad, accusing him of assault and battery. Vlad asserted that Ross orchestrated an ambush at the 2008 Ozone Awards in Houston, Texas, after he questioned Ross about his former role as a correctional officer.

June 2010 saw “Freeway” Ricky Ross suing for using his name, leading to a copyright infringement case in a Californian federal court. Ultimately, on December 30, 2013, the court ruled in favor of Rick Ross, permitting him to retain the name under a First Amendment defense.

In 2021, Rick Ross consented to pay $11,000 monthly in child support to his ex-girlfriend Briana Singleton for their three children together.

Personal Life

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

Identifying as a Christian, Rick Ross expressed during an interview with Corey “Coco Brother” Condrey on Lift Every Voice, “At one point, I told myself, regardless of what I go through, I will never question God.” Furthermore, he noted that he prays before every stage 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, but they did crash their vehicle into an apartment while trying to escape the attack.

In 2015, a brief engagement to Lira “Galore” Mercer occurred.

In response to criticism in 2017 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,” Ross quickly issued an apology on Facebook, labeling his remarks as “insensitive” and a “mistake [he regrets].”

Rick Ross operates several Wingstop restaurant locations.

Earnings Highlights

Since 2007, we have monitored Rick Ross’s salary and net worth. His schedule has been quite busy. 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

During February 2009, the rival rapper 50 Cent made an appearance on the Ed Lover morning show, brandishing a copy of Rick’s financial analysis sourced from a child support litigation. These documents disclosed that Ross’ actual financial condition was quite distant from the persona he preferred to project at that time. Ross asserted that he possessed three vehicles:

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

Additionally, Ross mentioned that his jewelry collection was worth $45,000, implying that all the pieces he showcased in his music videos and on television were likely either counterfeit or borrowed. His monthly mortgage payments amounted to $9,700, and he claimed to be spending $7,000 more than his earnings each month.

The legal documents provided in the child support case involving his former girlfriend revealed that Rick Ross’ monthly income was approximately $585,000 during 2020/2021.

Real Estate

In 2012, Ross acquired a 10,000-square-foot waterfront mansion in Fort Lauderdale, Florida, for $5.2 million. This three-story, Mediterranean-style estate features eight bedrooms, 11 bathrooms, and two half-baths. There are two master suites, a movie theater, a game room, a full bar, an elevator, and a swimming pool complete with a bar and spa. The property, which occupies nearly half an acre, boasts 150 feet of private waterfront within the Seven Isles community in Fort Lauderdale. In 2014, he listed the home for sale at $9.25 million and ended up selling it in 2016 for a little over $6 million.

Ross made headlines in 2014 when he spent $5.8 million on a sprawling mansion outside Atlanta, comprising 54,000 square feet and 109 rooms, previously owned by boxer Evander Holyfield. This residence is regarded as the largest house in Georgia and consists of 12 bedrooms and 21 bathrooms.

By October 2020, Rick Ross invested $1 million to acquire an additional 87 acres near his suburban Atlanta estate, bringing his total land holdings to 322 acres. He has named his property “The Promise Land.”

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

In July 2023, it was announced that Rick was under contract to buy a mansion on Star Island in Miami, with a reported purchase price of $37 million.

Private Jet

In June 2023, Rick shared through an Instagram update that he had acquired a private jet. A follow-up investigation into the plane’s tail number revealed that he had bought a 2012 Gulfstream G550. The selling price of 2012 G550s can range between $10 million to $40 million depending on various factors. Rick’s jet was likely purchased for $19.5 million in April 2023 through an LLC named Maybach Air.