What Is Rick Ross’ Net Worth?

Rick Ross’ net worth is $150 million as of 2024. He accumulated his wealth from his career as a rapper, record executive, and businessman.

Born William Leonard Roberts II, Rick Ross is an American rapper whose onscreen charm has put him on the spot of his fans’ favorites. With his years of hard work and dedication, he has been able to build a notable net worth, making him one of the richest rappers in the United States. The rapper did not just accumulate a good net worth but has also put it to good use, and invested in real estate, and more.

Net Worth:	$150 million
Income Sources:	Music, businesses including several different Wingstop restaurants, lucrative endorsement deals.
Age/Date of Birth:	48 years old (January 28, 1976)
Height:	In feet: 5 feet 11 inches In centimeters: 180.3 cm In meters: 1.80 m.
Nationality:	American
Last Updated:	2024

What is Rick Ross’ Net Worth?

Rick Ross has a net worth estimated at $150 million as of 2024. Before his big break, the rapper was engaged in various hustles, which earned him a decent sum. Meanwhile, the bulk of his net worth came from his music career as a rapper, songwriter, record executive, producer, entrepreneur, and CEO. Aside from his listed sources of income, the rapper also has other sources through which his net income accrues.

How Does Rick Ross Make His Money?

Rick Ross has streams of businesses through which his net worth accrues. Meanwhile, as a result of the illegal activities he promotes in his videos, many have questioned the real source of Rozay’s income, attributing it to illegal criminal activities. His moniker “Rick Ross” is in homage to Freeway Ricky Ross, an 80s infamous narcotics kingpin in L.A, California.

However, there’s no base fact to support this claim as the rapper has never been convicted of any felony charge. Here is a rundown of how the rapper built his net worth:

Music Career

Inspired by Tupac Shakur and Notorious B.I.G., Rick Ross, also known as Rozay, released his debut single, ‘Hustlin’, in 2006, which was certified gold, a great achievement for a new artist. This hit saw his album ‘Port of Miami’ get to number one on the Billboard 200. His instant success attracted numerous labels looking to sign future stars.

Ross signed to Russell Simmons‘ Def Jam Records, which offered a highly publicized record deal. His subsequent three albums also peaked at the top spot on the charts. Rozay began by writing music that romanticized the money he got from drug dealing, a theme that still cuts across his music today.

Sales of Albums and Digital Streams

Rick Ross’s net worth has received a meteoric rise from the sales of his albums. So far, he has released about eleven studio albums and one compilation album that sold millions of copies. He also earned from the sales of his solo singles and collaborated singles.

Rick Ross’s streaming royalties have contributed immensely to the growth of his net worth over the years. His music can be streamed on the following platforms; Tidal, Deezer, SoundCloud, YouTube, Spotify, Apple Music, and more. With the large number of followers that he has on these platforms and the method of payment, he must have cashed out a substantial amount so far.

Concerts and Tours

Having gained a large fanbase with his successful songs and albums, Rick Ross has held successful concerts and tours. The singer has sold out major event centers that amounted to millions of dollars, with the least ticket pegged at $37 while an average ticket is about $173. Over the years, he has sold out thousands of seats in places such as the Barclays Center in Brooklyn, New York, the Paramount Arts Center, Ashland, Kentucky, and more. Rick Ross’s net worth is expected to increase in the future as he keeps touring various cities within and beyond the United States.

Record Label

is the owner of the Maybach music record label, which he started in 2009 as a part of Warner Brothers. He has signed several artists like Meek Mill, Omarion, French Montana, and Wale. Interestingly, women hold executive positions in Ross’ company, Maybach Music Group. Read more to find out all there is to know about the rap star, including his net worth and details of his relationship.

Rick Ross Earns From Endorsement Deals

Rick Ross’s net worth also accumulated from his ambassadorial deals with successful companies. Some of the companies that he has endorsed so far include Luc Bellaire Champagne, Ciroc Vodka, Reebok, Checkers, and more. Though the exact amount that he bags for each deal is not known, he is sure to earn a good sum from them.

Non-Music Ventures Through Which Rick Ross’s Career Accrued

 

Corrections Officer: Interestingly, Ross was a corrections officer in South Florida for about a year before he got into music. Music is probably the best way to express his passion for the ‘gangsta’ life he grew up seeing all around him.

However, Rick Ross involved himself with other non-music ventures, which in a way averted the rumors of his criminal involvement. In 2014, he was involved in talks with Stephen M. Ross, the majority owner of the Miami Dolphins. Rick wanted to become part owner of his hometown NFL team.

Wingstop Brand of Restaurants: Rick Ross also banks on his Wingstop brand of restaurants, which opens an average of one outlet per year. In 2016, the business was the major contributor to the $10 million he earned. Rozay also benefits from lucrative deals with the likes of Luc Belaire Rose and mCog e-cigarettes.

The rapper has an average annual income of $7 million (he made $10 million in 2016), most of which stems from music sales. As of 2017, he has made $13 million from album sales. Additionally, he makes money from performing live shows and concerts. He signed with Diddy’s Bad Boy management in 2010. In January 2016, he signed a solo record deal with Epic Records. In total, Rick Ross’s net worth is estimated at $150 million.

Rick Ross’s Cars and Jet

Rick Ross has over a hundred cars in his collection; meanwhile, here is a list of his notable vehicles.

Vehicles	Estimated Value
Maybach Airlines (2012 Gulfstream G550)	$5 million
Rolls-Royce Phantom	$450,000
1971 Chevrolet Impala with a Touch of Gucci	$4,000
Mercedes-Maybach S650 Cabriolet	$320,000
Lamborghini Aventador	$350,000
Maybach 57S	$956,000
Rolls-Royce Wraith	$311,000
1957 Chevrolet Bel Air: ’57 Renzel’	$52,000
Ferrari 488 Spider	$280,000

 

Rick Ross Bought a $5.8 Million Mansion That Once Belonged To Evander Hollyfield

Rick Ross’s net worth is sufficiently huge, so we expect him to live in a lavish home. The rapper once lived in a 4500-square-feet Florida home worth $1.2 million. The house offered him four bedrooms and five baths with a pool and jacuzzi.

But it seems the rapper needed more space, and a massive one at that. He recently bought a $5.8 million house that belonged to heavyweight champion Evander Holyfield. Just in case you are wondering how much space he has now or if he gets the value of his money, here’s what the house offers.

The house sits on 235 acres of land, and it contains 109 rooms, which include 12 bedrooms and 21 beautiful bathrooms. It also offers a bowling alley, a beautiful interior, awe-inspiring paintings, a 350,000-gallon outdoor pool, and a home theatre.

For $5.8 million, you bet it doesn’t end there; the house additionally offers a baseball field with proper lighting and scoreboard, a recording studio, a guest house, an indoor pool, a seven-stall barn, and a boxing gym.

The 54,000-square-feet home is said to be the biggest single-family house in the state of Georgia. Evander had to get rid of the house to save himself from some financial burden. He sold to a bank at a public auction as part of foreclosure for $7.5 million in 2012 before Rick Ross snapped it.

As you might expect, the house’s yearly maintenance cost is almost as big as the space it offers. The ex-owner, Evander, opened up in an interview that it took him $1 million every year to maintain the mansion.

Rick Ross’s Real Estate

Real Estate	Worth
Fayetteville estate	$5.8 Million
Southwest Ranches, Florida estate	$3.5 Million
The Promise Land	$1 Million
Miami mansion	$37 Million
Houston Real estate	$3.5 Million
Atlanta estate	$2 million

View this post on Instagram

A post shared by Rick Ross (@richforever)

Woes

Rozay has had his fair share of highs and lows. In 2009, during a child support case filed against him, it was revealed that he had three cars worth $105,000 and jewelry worth $45,000. Also, his mortgage payments were $9,700. The rapper claimed that he spent $7,000 more than he earned every month.

As is typical of celebrities, especially rappers, Ross has been involved in a couple of publicized feuds, most notably with 50 Cent. It began in 2008 at the BET Awards, when 50 gave Ross a “look.” The feud has led the duo to release their tracks at each other. 50 went as far as releasing a YouTube cartoon series, ‘Officer Ricky’, and a sex tape of Lastonia Leviston, Ross’ baby mama. 50 Cent was ordered to pay her $5 million.

FAQs

What is Rick Ross’ Net Worth?

Rick Ross’s net worth is estimated at $150 million as of 2024, which he accrued from his career as a rapper, record executive, and businessman.

How Much Money Does Rick Ross Make a Year?

Rick Ross makes about $9 million a year. The American musician is highly involved in various high-ranking income hustles that keep raking in cash monthly.

Does Rick Ross Own a Private Jet?

Yes! Rick Ross owns a 2012 Gulfstream G55018-seater jet, which he dubs Jet Maybach Airlines. He acquired the big bird in April 2023 for $5 million.

How Much is Rick Ross’s Estate Worth?

Rick Ross’s estate is worth over $50 million at the moment. The rapper ventured into acquiring real estate after he made his first million and now has over six houses in the posh areas of the United States.