Rick Ross Net Worth (Money & Salary)

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, Rick Ross has sold millions of albums and tens of millions of singles on a global scale. At different points in his career, he has ranked among the ten highest-paid rappers worldwide. His cumulative career earnings, as of this moment, exceed $90 million, not accounting for the value of his real estate investments, his record label, and other income-earning ventures.

Rising to fame in 2006 with his debut album “Port of Miami,” which soared to number one on the U.S. Billboard 200, Rick Ross is known for his unique husky voice and vivid lyrical storytelling. Following the success of his debut, he released several more critically acclaimed albums, such as “Trilla” (2008), “Deeper Than Rap” (2009), “Teflon Don” (2010), and “God Forgives, I Don’t” (2012), each of which ascended to the top of the Billboard charts. His music frequently explores themes of wealth, crime, and the Miami lifestyle.

In addition to his musical pursuits, Ross founded the record label Maybach Music Group (MMG), which has produced albums from successful artists like Meek Mill and Wale. Furthermore, Ross is a businessman with diverse interests, including ownership of multiple Wingstop restaurant franchises.

Early Life

William Leonard Roberts II was born on January 28, 1976, in Clarksdale, Mississippi, and was raised 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

Ross began his career as a correctional officer, working for 18 months from December 1995 until his resignation in June 1997. He initially debuted under the name Teflon Da Don, later adopting the name Rick Ross in the mid-2000s, influenced by the former drug kingpin “Freeway” Rick Ross.

He made waves in 2006 with his debut single “Hustlin,” which provoked a bidding war, attracting offers from Diddy’s Bad Boy Entertainment and Irv Gotti’s Murder Inc. Ultimately, Ross signed a multimillion-dollar contract with Jay-Z’s Def Jam Records. That same year, he released his debut album, Port of Miami, which debuted at number one on the Billboard 200 album chart. He followed with his second album, Trilla, in 2008, achieving the same number one position on the Billboard 200.

In 2009, Ross launched the record label Maybach Music Group, through which he produced 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). He was also the first artist to sign with Diddy’s management firm, Ciroc Entertainment.

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

He made an appearance on VH1’s hit 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 faced legal troubles – he was arrested due to guns and drugs, and has encountered various lawsuits from others within the music industry. In January 2008, charges for gun possession and marijuana led to Ross’s arrest. During a deposition held with Officer Rey Hernandez, the Miami Beach police officer who conducted the arrest, Ross’s attorney inquired why the gang task force was assigned to Ross’s case. The officer indicated it was due to Ross’s claimed affiliation with the Carol City Cartel (also known as Triple C’s) and other recognized gang members. However, the officer failed to present any evidence linking Ross to the gang.

In August 2008, a lawsuit for assault and battery was filed against Ross by YouTube entertainer DJ Vlad. Vlad accused Ross of orchestrating an ambush during the 2008 Ozone Awards in Houston, Texas, following inquiries concerning Ross’s past as a correctional officer.

In June 2010, “Freeway” Ricky Ross initiated a copyright infringement lawsuit against him for the use of his name in a California federal court. The ruling in favor of rapper Rick Ross on December 30, 2013, allowed him to retain the name based on First Amendment grounds.

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

Personal Life

Ross has four children: Toie Roberts, William Roberts III, Berkeley Hermes Roberts, and Billion Leonard Roberts.

As a Christian, Rick Ross expressed in an interview with Corey “Coco Brother” Condrey on Lift Every Voice that “I had told myself at one point no matter what I go through, I never question God.” Furthermore, Ross mentioned that he prays prior to every performance.

On January 27, 2013, during the celebration of his 37th birthday, Ross and his girlfriend were targets of a drive-by shooting in Fort Lauderdale, Florida. Fortunately, neither Ross nor his girlfriend sustained injuries, though they crashed their vehicle into an apartment while attempting to evade the shooting.

In 2015, Ross had a brief engagement with Lira “Galore” Mercer.

Criticism arose in 2017 when Ross expressed in an interview that he refrained from signing a female rapper because “I would end up f*cking [her] and f*cking the business up.” He quickly made amends with a Facebook post, referring to his comments as “insensitive” and a “mistake [he regrets].”

Rick Ross is the owner of several Wingstop restaurant franchises.

Earnings Highlights

Since 2007, we have been monitoring the salary and net worth of Rick Ross. He has remained quite active over these years. Below is a yearly 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, during the Ed Lover morning show, rival rapper 50 Cent showcased a financial document of Rick Ross that he had obtained amidst a child support dispute. The financial breakdown disclosed that, contrary to the persona he presented, Ross’ actual financial situation was quite different. He claimed ownership of three vehicles:

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

Furthermore, Ross asserted ownership of $45,000 in jewelry, raising questions about the authenticity of the jewelry he displayed in his videos and on television, suggesting it might have been either counterfeit or borrowed. His monthly mortgage payments amounted to $9,700, and he indicated that he was spending $7,000 more than his earnings each month.

The legal documents submitted in the child support case with his former girlfriend revealed that Rick Ross had a monthly income of $585,000 during the period of 2020/2021.

Real Estate

In 2012, Ross acquired a waterfront mansion in Fort Lauderdale, Florida, spanning 10,000 square feet, at a price of $5.2 million. This three-story Mediterranean-style residence includes eight bedrooms, 11 bathrooms, and two half-baths. The estate features dual master suites, a theater, a game room, a full bar, an elevator, and a pool complete with a bar and spa. Occupying nearly half an acre, the property boasts 150 feet of private waterfront within the Seven Isles community. Ross listed the home for sale in 2014 at $9.25 million, eventually selling it in 2016 for slightly over $6 million.

In 2014, Ross drew attention by purchasing a massive 54,000-square-foot mansion previously owned by boxer Evander Holyfield for $5.8 million, situated on 235 acres. This estate is considered to be the largest residence in Georgia, featuring 12 bedrooms and 21 bathrooms.

In October 2020, he invested $1 million in an additional 87 acres adjacent to his suburban Atlanta mansion, bringing his total landholding to 322 acres, which he references as “The Promise Land.”

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

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

Private Jet

In June 2023, Rick announced via an Instagram post the acquisition of a private jet. Investigations into the plane’s tail number revealed he bought a 2012 Gulfstream G550. Depending on various factors, the price for 2012 G550 jets ranges from $10 to $40 million, with Rick’s likely purchase price around $19.5 million in April 2023, made through an LLC named Maybach Air.