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, he has sold millions of albums and tens of millions of singles across the globe. At various points in his journey, Rick has ranked among the top ten highest-paid rappers worldwide. As of now, his career earnings exceed $90 million, excluding the worth of his real estate investments, record label, and other income-generating pursuits.

In 2006, Rick Ross rose to fame with his debut album “Port of Miami,” which made its mark by debuting at number one on the U.S. Billboard 200. Recognized for his unique husky voice and vivid storytelling in his lyrics, Ross followed his initial success with several acclaimed albums such as “Trilla” (2008), “Deeper Than Rap” (2009), “Teflon Don” (2010), and “God Forgives, I Don’t” (2012), each making a significant impact on the Billboard charts. His music frequently explores themes related to wealth, criminal life, and the Miami lifestyle.

In addition to his music endeavors, Ross is the founder of Maybach Music Group (MMG), a record label that has produced albums for successful artists like Meek Mill and Wale. Besides his music career, he has diversified into entrepreneurship, owning multiple franchises for 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 before attending Albany State University, a historically black college, on a football scholarship.

Career

For 18 months, from December 1995 until resigning in June 1997, Ross served as a correctional officer. Under the name Teflon Da Don, he began his musical journey but later adopted the name Rick Ross in the mid-2000s, inspired by the former drug kingpin “Freeway” Rick Ross.

Releasing his debut single “Hustlin” in 2006, he quickly became a hot topic as multiple industry players vied for his attention. Offers came from Diddy’s Bad Boy Entertainment and Irv Gotti’s Murder Inc. Ultimately, he signed a multimillion-dollar contract with Jay-Z’s Def Jam Records. That same year, he launched his debut album, Port of Miami, which impressively debuted at number one on the Billboard 200 album chart. His second album, Trilla, was released in 2008 and also debuted at number one on the Billboard 200.

Founding Maybach Music Group in 2009, Ross produced a series of studio albums through the label 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). Notably, Rick was the first artist signed to Diddy’s management company, Ciroc Entertainment.

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

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

up to cook with Martha Stewart.

Legal Issues

In a traditional sense, Ross has encountered legal troubles – he’s faced arrests for drug and gun possession, along with multiple lawsuits from individuals within the music industry. In January 2008, he was taken into custody on charges related to guns and marijuana. During a deposition involving Officer Rey Hernandez, the officer who arrested him in Miami Beach, Ross’s lawyer questioned Hernandez on the assignment of Ross’s case to the gang task force. The officer’s response indicated it was due to Ross claiming connections with Triple C’s (the Carol City Cartel) and other known gang affiliates, without providing evidence of any actual gang affiliation.

In August 2008, DJ Vlad, a YouTube entertainer, filed a lawsuit against Ross, accusing him of assault and battery. Vlad alleged that Ross orchestrated an ambush against him at the 2008 Ozone Awards held in Houston, Texas, prompted by Vlad’s inquiries regarding Ross’s history as a correctional officer.

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

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

Personal Life

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

A Christian, Rick Ross shared 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.” Moreover, he expressed that he prays before every performance.

On January 27, 2013, while celebrating his 37th birthday, Ross and his girlfriend were victims of a drive-by shooting in Fort Lauderdale, Florida. While neither suffered injuries, their car ended up crashing into an apartment as they attempted to flee the gunfire.

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

In 2017, he faced backlash after 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 the criticism, Ross issued a Facebook apology, calling his remarks “insensitive” and a “mistake [he regrets].”

Rick Ross owns multiple locations of Wingstop restaurants.

Earnings Highlights

Since 2007, we’ve monitored Rick Ross’s salary and net worth. He has certainly kept busy. 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

In February 2009, during the Ed Lover morning show, rival rapper 50 Cent appeared with Rick Ross’s financial documents that had been obtained from a child support case. These documents indicated that Ross’ actual financial situation was quite different from the persona he preferred to display. At that time, Ross asserted that he owned three vehicles:

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

Additionally, Ross mentioned that he possessed jewelry valued at $45,000, which would imply that all the jewelry he showcased in his videos and on television was either counterfeit or borrowed. His total monthly mortgage payments amounted to $9,700, and he claimed to overspend by $7,000 each month compared to his earnings.

As per the legal documents from the child support case involving his ex-girlfriend, it was disclosed that Rick Ross had a monthly income of $585,000 in the years 2020/2021.

Real Estate

In 2012, Rick Ross acquired a luxurious waterfront mansion measuring 10,000 square feet in Fort Lauderdale, Florida for $5.2 million. This three-story, Mediterranean-style residence features eight bedrooms, 11 bathrooms, and two half-baths. Additionally, the mansion boasts two master suites, a theater, a game room, a full bar, an elevator, and a swimming pool with an adjoining bar and spa. Set on nearly half an acre, the estate offers 150 feet of exclusive waterfront access in Fort Lauderdale’s Seven Isles community. He listed the property for $9.25 million in 2014 and eventually sold it for just over $6 million in 2016.

In 2014, he garnered attention after purchasing a 54,000-square-foot mansion with 109 rooms for $5.8 million, situated on 235 acres outside of Atlanta. The property, formerly owned by boxer Evander Holyfield, is reputedly the largest home 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 residence, bringing his total acreage to 322. He has named this expansive property “The Promise Land.”

In April 2023, reports surfaced that Rick Ross made a cash purchase of $4.2 million to acquire Meek Mill’s mansion in Atlanta.

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

Private Jet

In June 2023, Rick disclosed via an Instagram post about the acquisition of a private jet. Following the tracking of the airplane’s tail number, it was discovered that he had bought a 2012 Gulfstream G550. Based on various factors, 2012 G550s typically sell between $10 million to $40 million. It is estimated that Rick’s jet was likely purchased for $19.5 million in April 2023 through an LLC named Maybach Air.