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Rick Ross Net Worth: With varied business ventures and real estate, how much will the singer be worth in 2024?
Rick Ross is a renowned American music producer, rapper, songwriter, record executive, and entrepreneur, celebrated for selling millions of albums throughout his illustrious career.
The world of hip-hop is often synonymous with opulence and grandeur, and when it comes to rapper Rick Ross, the narrative is no different. As of 2024, Rick Ross boasts an estimated net worth of staggering multi-millions, solidifying his status as one of the wealthiest figures in the rap industry.
Rick Ross net worth in 2023: $150 million
Rick Ross, born William Leonard Roberts II in Clarksdale, Mississippi, has carved an illustrious career in the music industry since his debut in 2006. His distinctive husky voice and vivid storytelling in his lyrics have garnered him a massive fan base and commercial success.
However, Ross's financial empire extends far beyond his music royalties. With 11 successfully released studio albums, Ross has sold millions of copies across the globe. The rap star's estimated net worth stands at a whopping $150 Million, as retrieved via Celebrity Net Worth.
How is Rick Ross so rich?
Apart from his musical triumphs, Rick Ross has strategically ventured into various lucrative businesses, contributing significantly to his immense wealth. One notable investment includes his ownership of multiple Wingstop restaurant franchises. As a fast-food chain specializing in chicken wings, Wingstop has soared to a valuation of $5.08 billion, as per Marca, contributing significantly to Ross's overall net worth.
The rap star is also the founder of the record label Maybach Music Group (MMG), which is behind the successful album releases of artists like Meek Mill and Wale.
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Rick Ross salary highlights
Rick Ross's financial ascent is further highlighted by his remarkable salary figures over the years. In 2007, the beats resonated with a symphony of $2 million, setting the stage for a crescendo in the subsequent years. The financial cadence climbed to $3 million in 2008, a prelude to the harmonious success that would follow.
As the melody unfolded, 2009 witnessed a substantial leap, reaching a resounding $6 million, a testament to Ross's burgeoning stature in the industry. The rhythm swayed between $5 million and $6 million in the ensuing years, creating a melodic bridge to the zenith of 2017, where the crescendo reached an impressive $11 million.
Ross's ownership of three cars: a 2004 Maybach, a leased 2007 Cadillac Escalade, and a 2006 Infinity Q56, further solidifies his empire. Ross, who often flaunted opulent jewelry in his videos, claimed ownership of $45,000 worth of jewels.
As the financial symphony continued, the monthly mortgage payments composed a steady bassline, resonating at $9,700. Yet, an unexpected revelation echoed through legal documents in a child support case with his ex-girlfriend – a stark dissonance. In 2020/2021, Ross's monthly income stood at a staggering $585,000.
Rick Ross real estates
Rick Ross's opulent lifestyle extends to his impressive real estate portfolio. In 2012, he purchased a 10,000-square-foot waterfront mansion in Fort Lauderdale, Florida, for $5.2 million. The mansion boasted eight bedrooms, 11 bathrooms, and two half-baths. Despite listing it for $9.25 million in 2014, Ross eventually sold the property for over $6 million in 2016.
In 2014, Ross made headlines with the acquisition of a mammoth 54,000-square-foot mansion in suburban Atlanta, formerly owned by boxer Evander Holyfield. Sitting on 235 acres, this mansion is believed to be the largest in Georgia, featuring 12 bedrooms and 21 bathrooms. Ross expanded his Atlanta property in 2020 by purchasing an additional 87 acres, bringing the total acreage to an impressive 322.
In a testament to his lavish lifestyle, Ross revealed his ownership of a private jet. The 2012 Gulfstream G550 of Ricky Ross was reportedly taken over by an LLC called Maybach Air in April 2023 for $19.5 million.
Rick Ross's journey from a correctional officer in the late '90s to a multimillionaire rapper, entrepreneur, and real estate magnate is nothing short of extraordinary. His ability to diversify income streams, coupled with shrewd business investments, have catapulted him into the upper echelons of wealth in the music industry.
Disclaimer: All amounts mentioned in the article are sourced from public platforms. In some cases, celebrities or their teams give their inputs too, which we incorporate if provided by them. We take all efforts to share possible accurate numbers, however unless otherwise mentioned they are all approximates. We are open to feedback and suggestions on editorial@pinkvilla.com.
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