Rapper Rick Ross’s net worth is estimated at $150 million. Learn how the rap mogul made his fortune.Rapper and entrepreneur Rick Ross has an estimated net worth of $150 million. Although he started his career as a correctional officer, Rick Ross has become one of the most successful moguls in hip-hop music. Rick Ross, CEO, Maybach Music. Image source: Robb ReportBorn on January 28, 1976, in Clarksdale, Mississippi. The African-American star has built his career as a rapper, an actor, a record executive, a songwriter, and a producer.Rick Ross was raised in Carol City, Florida. Ross attended Miami Carol City Senior High School, where he played football, which later granted him a scholarship to the historically black college Albany State University.After graduating, Ross worked as a correctional officer for 18 months, from December 1995 until June 1997, after which he resigned. Ross made his debut in the hip-hop world under the pseudonym Teflon Da Don. His debut was on the song ‘Ain’t Shh to Discuss’ on Erick Sermon’s lone album for Dreamworks.In the mid-2000s, he changed his stage name to Rick Ross, which he derived from a former druglord, ‘Freeway’ Rick Ross. Ross has four children, including three from his ex-girlfriend, Briana Singleton, to whom he agreed to pay $11,000 per month in child support in 2021.In 2015, Ross was briefly engaged to Lira ‘Galore’ Mercer. As of 2017, Ross owned several Wingstop restaurant locations. In May 2023, Ross announced his intentions to run for mayor of Fayetteville, Georgia, in 2024. Ross is also a Christian, and says he prays every time before going on stage.Rick Ross’s net worth is estimated at $150 million. He accomplished this by being one of the most famous rappers in the world, a record executive, an actor, and a real estate investor.Rick Ross came to prominence in 2006 after getting to Jay-Z’s Def Jam Records. He released his debut album, ‘Port of Miami’, which debuted at number one on the U.S. Billboard 200 album chart with over 187,000 units sold during the first week. In March 2008, Ross dropped another album, ‘Trilla’.Ross followed with more albums, including ‘Deeper Than Rap’ (2009), ‘Teflon Don’ (2010), and ‘God Forgives, I Don’t’ (2012), all of which reached the top of the Billboard chart. Ross also owns the record label ‘Maybach Music Group (MMG), which has signed notable artists such as Meek Mill and Wale.In 2012, after Ross dropped his fifth studio album, ‘God Forgives, I Don’t’, the album charted at number eight on the UK R&B Albums chart, making it Ross’s highest-charting album and first top 10 albums in the United Kingdom. The album had a first-week sale of over 218,000 copies and debuted at number one on the Billboard 200. The album was certified gold in less than 2 months.Rick Ross’ career took off after signing with Jay-Z’s record label, Def Jam Records. Image source: WireImage (Ben Rose)In 2014, Ross released his sixth studio album, ‘Mastermind’; it also debuted at number one on the Billboard 200 chart with first-week sales of 179,000 copies. A month later, it had sold over 290,000 copies. In November 2014, Ross dropped another album, ‘Hood Billionaire’.In 2016, Ross signed a solo deal with Epic Records. In March 2017, he announced his ninth studio album, ‘Rather You Than Me’. On August 26, 2020, Ross announced his eleventh album, ‘Richer Than I Ever Been, which was released on December 10, 2021.In his career so far, Rick Ross has been a massive success, selling millions of albums and tens of millions of singles worldwide. At times, he’s ranked among the top 10 highest-earning rappers globally. As of now, he’s amassed a whopping $90 million in total career earnings, and that’s not even counting the value of his real estate investments, his record label, and other profitable ventures.In light of this, let’s examine Rick Ross’s most significant business endeavors.Rick Ross founded MMG in 2008. The record label is located in Miami, Florida. MMG is home to artists including Meekmill, Wale, Gunplay, Omarion, etc. Atlantic Records distributes MMG albums.Rick Ross is a major promoter of this brand. It is owned by Niaz. The black bottles can be seen in music videos.Rick Ross proudly owns 25 Wingstop restaurants spread across the country. These restaurants make $200,000 in sales each year. In 2014, his investment in the Wingstop business paid off big time, bringing in a hefty $7 million.Checkers and Rally’s, known for their delicious burgers and more, got a significant boost in popularity thanks to Rick Ross’ endorsement. He didn’t just put his name on them; he invested in these restaurants, just like he did with Wingstop.Rick Ross has his own line of hair care and grooming products called “Rich by Rick Ross.” Starting with beard care in 2018, he’s grown the range to include products for both men and women, like moisturizer, pomade cream, conditioner, shampoo, and more.The hip-hop industry is full of rags to riches stories and successful rappers are known for flaunting their money. Just by looking at the titles of his albums, it quickly becomes obvious that Rick Ross uses his wealth as one of the key elements of his rapper persona. But how rich is Rick Ross compared to some of the world’s most famous rappers?Although his estimated net worth of $150 million is nothing to scoff at, Rick Ross isn’t even among the world’s top 10 richest rappers, according to publicly available information:Rick Ross has built a huge $150 million net worth. Though he started as a correctional officer, his rap success and smart business moves, like owning Wingstop franchises, make Ross one of the wealthiest hip-hop icons in the world. His chart-topping albums and the founding of the Maybach Music Group cemented his status as a hip-hop mogul. If you want to learn more about the net worth of other prominent individuals, check out our articles about wealthy rapper Drake and YouTube star Logan Paul.
