|Name||William Leonard Roberts II (AKA Rick Ross)|
|Net Worth:||$45 Million|
|Birth Name:||William Leonard Roberts II|
|Date of Birth:||January 28, 1976|
|Place of Birth:||Clarksdale, Mississippi, U.S.|
|Occupation:||Rapper, songwriter, entrepreneur|
|Labels:||Maybach Music Group, Def Jam, Epic, Suave House|
|Notable Works:||Port of Miami, Trilla, Teflon Don, God Forgives, I Don’t|
|Awards:||BET Hip Hop Awards, BET Awards, ASCAP Rhythm & Soul Awards, BMI Urban Awards, MTV Video Music Awards, Grammy Awards|
|Social Media:||Twitter, Instagram, Facebook, YouTube|
Have you ever wondered what the net worth of Rick Ross is? The American rapper, songwriter, record executive, and entrepreneur has become a wealthy man.
He is most notably known for his skills on the mic and owner of Maybach Music.
As of May 2023, Rick Ross’s net worth of $45 million. This post will illustrate what steps the man formerly known as “Teflon Don” took to achieve his success.
Table of Contents
Rick Ross, born as William Leonard Roberts II, was born in Clarksdale, Mississippi, but raised in Carol City, Florida. Roberts attended Miami Carol City Senior Highschool.
Roberts grew up listening to Notorious B.I.G and Luther Campbell. These artists influence played a significant role in Roberts’ passion for rap.
He also enjoyed football and played throughout most of his teenage years.
He was good enough to land a football scholarship at Albany State University. However, Roberts’ love for rap consumed him after one year, causing him to drop out and focus on his rap career.
Roberts’ rap debut was a feature on Erick Sermon’s song Ain’t Shh to Discuss under Suave House records.
Roberts’ stage name was Teflon Da Don at the time, and the feature was well-received. Which gained him popularity and left people wondering what he was capable of on his own record.
Changing Name to Rick Ross
Inspired by the former drug kingpin “Freeway Rick Ross,” Roberts would change his stage name to Rick Ross.
Under that name, he would release his debut single, Hustlin, which took the rap world by storm. The song’s smash success put him in the middle of a bidding war between Irv Gotti’s Murder Inc. and Diddy’s Bad Boy Entertainment for his talent.
Signing With Def Jam Records
The song would also go certified gold and gain the attention of rap icon Jay-Z, who would eventually sign Roberts to Def Jam Recordings in 2006.
He would go on to release his debut album Port of Miami, later that year.
Releasing Port of Miami
Port of Miami debuted at number one on the US Billboard top 200 and sold over 180,000 units in the first week.
The album made Roberts one of the hottest in the game. As well as allow him to work with notable stars DJ Khaled, T-Pain, and Trey Songz.
Roberts was solidified as one of the biggest stars in the rap game. This allowed him to realize the significant influence he possessed. He would capitalize on that by creating his record label.
Maybach Music Group
Roberts created Maybach Music (MMG) in 2008, but his significant signings weren’t until early 2011.
That year he signed Meek Mill and Wale, and the group released their debut compilation album Self Made Vol 1, which was critically acclaimed and brought recognition to his young artists.
MMG Now consists of 5 artists, Meek Mill, Wale, Gunplay, Rockie Fresh, and Rick Ross. The label has had seven albums debut at number one on the billboard 200.
Roberts had the smarts to run a successful music label, proving he was more than just a rapper. He would then use this experience to assist other business ventures of his.
Roberts is the owner of over 30 Wingstop locations, and his name has added tremendous value to the stake of the food chain.
Wingstop has become a fan favorite amongst rappers and everyday people. Roberts also owns several Checkers and Rally’s franchises in Miami. He has made both chains culturally relevant while creating a stream of passive income for himself.
In addition to his ventures, he has invested a million dollars in a Telehealth startup Jetdoc. Jetdoc is a virtual urgent care app that connects users directly to a medical professional.
Roberts was well aware that rap is not a forever thing. With these ventures, he has set himself up nicely for life after music.
Rick Ross Net Worth Growth
|Year||Net Worth||Contributing Factors|
|2006||$1 million||Debut album “Port of Miami”|
|2008||$8 million||Album “Trilla”, “Maybach Music Group” founded|
|2010||$15 million||Album “Teflon Don”, endorsement deals with Reebok, Belaire Rosé|
|2012||$25 million||Album “God Forgives, I Don’t”, ownership in Wingstop and Checkers franchises, signing new artists to Maybach Music Group|
|2015||$35 million||Album “Black Market”, investing in real estate, Wingstop franchise expansion|
|2020||$40 million||Album “Port of Miami 2”, investing in various businesses, Maybach Music Group’s success|
|2022||$45 million||Continued success of Maybach Music Group, Wingstop franchise ownership, various business investments|
Rick Ross Net Worth 2023
As of May 2023, Rick Ross has a net worth of $45 million. Roberts is a sensational artist and has made ten studio albums and seven mixtapes from 2006 until now.
While most of his money is from his music and label. He grows his wealth through business ventures and investments, ensuring that his millions are equipped to grow in years to come.
Ross’s latest business venture in the works is his first annual car show that is set to be held later this month.
The show will highlight classic sports cars and has received six-figure endorsement deals to sponsor the event.
Frequently Asked Questions (FAQs)
How much is Rick Ross worth in 2022?
Based on current estimates, Rick Ross’ net worth is $45 million.
How did Rick Ross get so rich?
Rick Ross amassed his wealth through a combination of record sales, touring, business ventures, and investment.
What is Rick Ross’s car collection worth?
Rick Ross’s car collection is reported to be worth around $6 million.
Rick Ross has four children, three sons, and one daughter: Toie, Berkeley Hermes Roberts, Billion Leonard Roberts, and William Roberts III. Ross has not married any of the mothers of his children.
Ross has kept his children out of the public eye and hasn’t revealed their faces to the world.
He had also been in a long-term relationship with model Lira Galore, but the two have since broken up.
In 2015, Ross was arrested on a charge of kidnapping and assault after he allegedly pistol-whipped one of his groundskeepers. The charges were later dropped, but the victim filed a civil suit against Ross, which was settled in court.
He has been open about his past as a correctional officer and how it still haunts him to this day. Ross’s success story is one of rags to riches, and he is now living his best life.
Ross’s net worth will continue to grow as he releases more music and expands his business ventures.
Now that you know what Rick Ross’s net worth is and how he built it, let’s take a look at the most important lesson we can learn from his journey.
Always Think About What’s Next
Roberts was doing great within the realm of Hip Hop and Rap. With that being said, he didn’t stay small-minded and created his record label so other rappers could make him money as well.
It’s essential to work on your craft and establish a skill, but it’s also important to always keep in mind the next step.
Thinking like this will always keep you goal-oriented and will have you reach your full potential.