Master P Net Worth Is $350 Million
One of the pioneers of rap music in America is Master P. He is the current CEO and president of the Better Black Television. Starting out as a gangster rapper, P is now an activist and one of the richest Black Americans in the world. Master P was also the founder of the popular No Limit Records. He also founded the P. Miller Enterprises that was dedicated to entertainment. Here is more about Master P’s Net Worth.
Master P Net Worth: The humble beginning
Just like most black American rappers, Master P started out on a low-level. Born Percy Robert Miller, Master P had an initial interest in basketball. When his grandpa died, Miller got $10,000 as an inheritance from a malpractice settlement. The smart boy used the money to open a record house in California. That was when the No Limit Records was founded. P used the studio to record his debut album. The record label was among the most profitable during the 90s signing the likes of Snoop Dogg.
Master P Net Worth: The Rap career
Master P started his rap career via a rap group called TRU group. P didn’t make an impressive progress with them so he went solo. His solo career became very successful, his “Make Em Say Uhh” was a popular instant hit. In 98, P recorded Da Last Don album which became very successful. The album which is rated as the best of his career went platinum four times, thus earnings lots of money. Master P is named as one of the heavyweights of southern hip hop, he is also among the few people that brought the South style in the rap industry.
Master P Net Worth: No Limits Records
P’s music legacy has passed on to the children. After his No Limit Records went through a series of problems including bankruptcy beginning from 2003, his son Lil Romeo now known as Rome revived it and renamed it to No Limits Forever Records in 2010. Master P’s daughter Cymphonique Miller is also a rapper.
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Master P Net Worth: Businesses And Divorce
Master P may not be a prolific musician, but he has other investments and businesses to cover up for this. He has other rap labels under his ownership, and also owns a video game company. In 2015, P and Seth Green developed a hip-hop-based RPG for the lovers of the video games. He is also a real-estate mogul, owning some properties around America.
Hitherto, Master P was worth around $600 million. Nonetheless, this was cut down when he was divorced by his wife. The ex-wife declared that Master P has to pay for the welfare of their children. As a result, P had to part with more than $270 million.
P’s net worth comes from different areas, starting from the record labels, real estate, TV, among other high-profile businesses. He has helped developed some of the leading rappers in the world. Regardless of his poor rap performance, he is richer than most of the current active rappers.