Rick Ross Net Worth (Money & Salary)

What is Rick Ross’ net worth?

With a net worth estimated at $150 million, Rick Ross is known as an American rapper, songwriter, entrepreneur, record executive, producer, and CEO. Throughout his career, Ross has sold millions of albums and tens of millions of singles globally. At different points during his career, he has ranked among the top ten highest-paid rappers in the world. As of now, his total career earnings exceed $90 million, excluding the worth of his real estate investments, his record label, and other business endeavors.

Ross rose to fame in 2006 with his first album “Port of Miami,” which achieved the top spot on the U.S. Billboard 200. Recognized for his unique husky voice and compelling storytelling in his songs, he followed up his debut with several critically acclaimed albums, including “Trilla” (2008), “Deeper Than Rap” (2009), “Teflon Don” (2010), and “God Forgives, I Don’t” (2012), each of which topped the Billboard charts. His lyrics often explore themes related to wealth, criminal life, and the lifestyle of Miami.

In addition to his musical career, Ross established the record label Maybach Music Group (MMG), which has produced albums for successful artists such as Meek Mill and Wale. Furthermore, Ross is an entrepreneur with diverse business interests, notably owning 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. After graduating from Miami Carol City Senior High School, he attended Albany State University, a historically black college, on a football scholarship.

Career

Ross served as a correctional officer for 18 months, from December 1995 until he resigned in June 1997. He made his music debut under the stage name Teflon Da Don but adopted the name Rick Ross in the mid-2000s, inspired by the infamous drug lord “Freeway” Rick Ross.

In 2006, he released his first single “Hustlin,” which led to a bidding war among several record labels. Offers came 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 same year, his debut album, Port of Miami, launched at number one on the Billboard 200. His second album, Trilla, released in 2008, also debuted at the top spot on the Billboard 200 album chart.

In 2009, Ross founded the record label Maybach Music Group, through which he released several 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 inaugural artist signed to Diddy’s management firm Ciroc Entertainment.

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

Ross made an appearance on VH1’s well-known program Snoop and Martha’s Potluck Dinner Party, where he was paired

up to cook with Martha Stewart.

Legal Issues

The law has posed challenges for Ross in a conventional manner – he’s faced arrests related to guns and drugs as well as lawsuits from various figures within the music industry. In January 2008, Ross encountered legal trouble, leading to his arrest on charges related to firearms and marijuana. During a deposition involving Officer Rey Hernandez, the Miami Beach police officer responsible for the arrest, Ross’s attorney queried Hernandez about the reasons for assigning Ross’s case to the gang task force. The officer responded that it was due to Ross’s claimed association with the Triple C’s (commonly known as Carol City Cartel) and other recognized gang affiliates. However, the officer did not provide evidence supporting Ross’s gang affiliation.

In August 2008, entertainer DJ Vlad from YouTube initiated a lawsuit against Ross for assault and battery, alleging that Ross had orchestrated an ambush during the 2008 Ozone Awards in Houston, Texas, in retaliation for inquiries regarding his history as a correctional officer.

June 2010 saw “Freeway” Ricky Ross file a copyright infringement suit against Ross for appropriating his name, advancing the case in a California federal court. On December 30, 2013, the court favored rapper Rick Ross, permitting him to retain the name based on the First Amendment.

In 2021, Rick Ross reached an agreement to pay his former partner Briana Singleton $11,000 monthly for child support concerning 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 expressed in an interview with Corey “Coco Brother” Condrey on Lift Every Voice that, “At one point, I told myself that regardless of my circumstances, I would never question God.” Furthermore, Ross mentioned he prays prior to each performance.

On January 27, 2013, during his 37th birthday celebration, Ross and his girlfriend became victims of a drive-by shooting in Fort Lauderdale, Florida. Fortunately, neither sustained injuries, but they mistakenly crashed their vehicle into an apartment while trying to evade the gunfire.

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

Ross drew criticism in 2017 for remarks made during an interview where he mentioned he had never signed a female rapper due to concerns he might end up being inappropriate with her, thus compromising the business. He promptly apologized through a Facebook post, describing his comments as “insensitive” and a “mistake [he regrets].”

Several Wingstop restaurant locations are owned by Rick Ross.

Earnings Highlights

Since 2007, we have monitored the salary and net worth of Rick Ross. He has certainly kept 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

In February 2009, 50 Cent, a rival rapper, showcased a copy of Rick’s financial documents during his appearance on the Ed Lover morning show, which he had obtained from a child support case. These records indicated that Ross’ actual financial condition was significantly different from the public image he wished to maintain. Ross asserted ownership of three vehicles:

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

Ross also claimed to own jewelry worth $45,000, implying that the jewelry showcased in his videos and aired on TV was either not genuine or borrowed. His monthly mortgage payments amounted to $9,700, with a claim of spending $7,000 more than his monthly earnings.

Legal documents from the child support suit involving his ex-girlfriend revealed that Rick Ross’ monthly income stood at $585,000 during 2020/2021.

Real Estate

Ross acquired a 10,000-square-foot waterfront mansion for $5.2 million in Fort Lauderdale, Florida in 2012. Featuring three floors, this Mediterranean-style house includes eight bedrooms, 11 bathrooms, and two half-baths. Among its amenities are two master suites, a home theater, a game room, a full bar, an elevator, and a pool with a bar and spa. Situated on nearly half an acre, the estate boasts 150 feet of private waterfront within the Seven Isles community. In 2014, he listed the property for $9.25 million and, ultimately, sold it in 2016 for a little over $6 million.

In 2014, Ross gained media attention for spending $5.8 million on an expansive 54,000-square-foot mansion, formerly owned by boxer Evander Holyfield, which is set on 235 acres outside Atlanta. It is considered to be the largest residence in Georgia, containing 12 bedrooms and 21 bathrooms.

In October 2020, Rick Ross invested $1 million in 87 more acres adjacent to his Atlanta mansion, increasing his total land ownership to 322 acres, which he has aptly named “The Promise Land.”

Reported in April 2023, Rick Ross spent $4.2 million in cash to acquire Meek Mill’s mansion in Atlanta.

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

Private Jet

Rick made headlines in June 2023 when he announced via an Instagram post that he had acquired a private jet. By examining the plane’s tail number, it was determined that he had purchased a 2012 Gulfstream G550. Depending on various factors, 2012 G550s typically range from $10 – $40 million in price. Rick’s jet was probably acquired for approximately $19.5 million in April 2023 by a company named Maybach Air.