Rick Ross Net Worth (Money & Salary)

Rick Ross’ Net Worth: What Is It?

The net worth of Rick Ross, an American rapper, songwriter, entrepreneur, record executive, producer, and CEO, stands at $150 million. Over the course of his career, he has sold millions of albums and tens of millions of singles across the globe. At different times, he has ranked among the ten highest-paid rappers worldwide, with total career earnings exceeding $90 million. This figure excludes the worth of his real estate investments, record label, and other income sources.

In 2006, Rick Ross gained recognition with his first album, “Port of Miami,” which made its debut at the top of the U.S. Billboard 200. Celebrated for his unique deep voice and engaging storytelling in his lyrics, Ross continued his success with several notable albums such as “Trilla” (2008), “Deeper Than Rap” (2009), “Teflon Don” (2010), and “God Forgives, I Don’t” (2012), all achieving high positions on the Billboard charts. His music often reflects themes related to wealth, criminal behavior, and the lifestyle associated with Miami.

Besides his musical endeavors, Ross is the founder of Maybach Music Group (MMG), a record label that has produced albums from notable artists like Meek Mill and Wale. Ross also ventures into entrepreneurship, owning several franchises of the Wingstop restaurant chain.

Early Life

On January 28, 1976, William Leonard Roberts II was born in Clarksdale, Mississippi, and grew up in Carol City, Florida. Following his graduation from Miami Carol City Senior High School, he received a football scholarship to the historically black Albany State University.

Career

For 18 months, Ross served as a correctional officer starting in December 1995 until he resigned in June 1997. Initially, he performed under the name Teflon Da Don but rebranded himself as Rick Ross in the mid-2000s, taking inspiration from the infamous drug dealer “Freeway” Rick Ross.

In 2006, he launched his career with the single “Hustlin,” leading to a bidding war among music labels. Diddy’s Bad Boy Entertainment and Irv Gotti’s Murder Inc. made offers, but Ross signed a lucrative deal with Jay-Z’s Def Jam Records. He subsequently released “Port of Miami,” debuting at number one on the Billboard 200. His second album, “Trilla,” arrived in 2008, also achieving a number one debut on the same chart.

Establishing Maybach Music Group in 2009, Ross released numerous 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). 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.

He made an appearance on VH1’s popular show, Snoop and Martha’s Potluck Dinner Party, where he shared cooking duties with Martha Stewart.

Legal Issues

Rick Ross has encountered various legal troubles over the years, including arrests for drug and gun possession, along with multiple lawsuits from individuals within the music industry. In January 2008, he faced gun and marijuana charges. During a deposition involving Officer Rey Hernandez, who had arrested Ross, the officer testified that the case was assigned to the gang task force due to Ross’s claimed affiliations with the Carol City Cartel and other gang members, though no solid evidence of such affiliations were provided.

In August 2008, YouTube entertainer DJ Vlad sued Ross for assault and battery, alleging that Ross orchestrated an ambush against him at the 2008 Ozone Awards in Houston, Texas, following inquiries about his background as a correctional officer.

In June 2010, the original “Freeway” Ricky Ross sued him for name infringement in a California federal court. However, on December 30, 2013, the ruling favored Rick Ross, permitting him to retain his name based on First Amendment grounds.

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

Personal Life

Rick Ross is the father of four children: Toie Roberts, William Roberts III, Berkeley Hermes Roberts, and Billion Leonard Roberts.

A practicing Christian, Rick Ross shared in an interview with Corey “Coco Brother” Condrey on Lift Every Voice his faith, stating, “I had told myself at one point no matter what I go through, I never question God.” He also mentioned that he prays before every performance.

On January 27, 2013, Ross was a target in a drive-by shooting in Fort Lauderdale, Florida, while celebrating his 37th birthday with his girlfriend. Fortunately, neither sustained injuries, although they crashed their vehicle while trying to escape.

In 2015, he briefly got engaged to Lira “Galore” Mercer.

In 2017, he faced backlash for a comment made during an interview where he stated his reluctance to sign a female rapper, reasoning that he might end up in a romantic relationship with her, which could complicate business. He later apologized, calling his remarks “insensitive” and a “mistake [he regrets].”

Rick Ross is the proprietor of several Wingstop locations.

Earnings Highlights

Since 2007, we have been monitoring Rick Ross’s salary and net worth. He has certainly kept busy. Here’s a summary of his earnings year by year:

• 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
• $5 million – 2019
• $7 million – 2020

Total: $90 million

In February 2009, during an appearance on the Ed Lover morning show, rival rapper 50 Cent displayed Rick Ross’ financial breakdown, which he obtained through a child support case. These documents exposed a reality significantly different from the image that Ross wished to convey regarding his finances. Ross asserted ownership of three vehicles:

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

Additionally, Ross mentioned possessing $45,000 worth of jewelry, implying that the pieces he showcased in his music videos and on television were likely either fabricated or borrowed. His total monthly mortgage payment amounted to $9,700, while he claimed to spend $7,000 more than his earnings every month.

Legal documents provided in his child support case against his ex-girlfriend indicated that Rick Ross’ monthly income reached $585,000 in 2020/2021.

Real Estate

In 2012, a 10,000-square-foot waterfront mansion located in Fort Lauderdale, Florida was purchased by Ross for $5.2 million. This three-story, Mediterranean-style residence features eight bedrooms, 11 bathrooms, and two half-baths. Among its amenities are two master suites, a theater, a game room, a full bar, an elevator, and a pool complete with a bar and spa. The property, occupying nearly half an acre, boasts 150 feet of private waterfront within the Seven Isles community in Fort Lauderdale. He listed the home for sale in 2014 at $9.25 million and ultimately sold it in 2016 for slightly more than $6 million.

In 2014, Ross garnered attention after spending $5.8 million on a vast 54,000-square-foot mansion situated outside Atlanta on 235 acres, which was previously owned by boxer Evander Holyfield. This mansion is believed to be the largest residential property in Georgia, containing 12 bedrooms and 21 bathrooms.

In October 2020, Rick Ross purchased an additional 87 acres of land near his suburban mansion in Atlanta for $1 million. This brought his total land ownership to 322 acres, a property he has named “The Promise Land.”

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

In July 2023, reports indicated that Rick was under contract for a mansion located on Star Island in Miami, with a purchase price estimated at $37 million.

Private Jet

In June 2023, Rick disclosed via an Instagram post that he had acquired a private jet. Through tracking the plane’s tail number, it was revealed that he purchased a 2012 Gulfstream G550. Depending on various factors, the selling price of a 2012 G550 ranges from $10 to $40 million, with Rick’s jet likely bought for $19.5 million in April 2023 through an LLC named Maybach Air.