Rick Ross Net Worth 2023: Everything You Need To Know
A famous rapper and record executive, Rick Ross net worth 2023 is $120 million. He painstakingly tells stories of triumph over struggle, frequently praising money and grandeur, with his commanding voice and captivating lyrics.
His 11 studio albums made an effect on the Billboard 200 chart. Rick Ross’s BET, Grammy, and BET Hip Hop Awards show his dominance in music.
American entertainer Ross is well-known. Being a great rapper, songwriter, and record executive has made him rich. His music career has grown due to his experience and partnerships with industry legends.
| Name | Rick Ross |
| Net Worth | $120 Million |
| Profession | Rapper, songwriter, record executive |
| Salary | $10 Million + |
| Monthly Income | $1 Million + |
| Yearly Income | $10 Million + |
| Annual Expenses | $1.5 Million + |
Rick Ross, a rapper, songwriter, and record executive, boasts a net worth of $120 million. His earnings include a salary surpassing $10 million and a consistent monthly income of over $1 million, summing up to an annual income of more than $10 million.
Rick Ross’s Net Worth Growth
Rick Ross’s Net Worth Progression:
| Year | Net Worth (Million) |
| 2018 | $75 Million |
| 2019 | $80 Million |
| 2020 | $90 Million |
| 2021 | $100 Million |
| 2022 | $110 Million |
| 2023 | $120 Million |
Over the years, Rick Ross’s net worth has shown a consistent upward trajectory: In 2018, it stood at $75 million and increased steadily to $120 million by 2023, showcasing his continuous financial growth and success.
The Balance Sheet and Income Statement of Rick Ross
Rick Ross’s Financial Snapshot:
| Assets | $6 Million + |
| Gold Reserves | $80,000 + |
| Inheritance | $0.3 Million + |
| Luxury Watches | 15 + |
| Luxury Cars | 4 + |
| Luxury Yachts | 2 + |
| Stock Portfolio | $2 Mullion + |
| Loans & Liabilities | $2 Million + |
| Crypto Investments | $2 Million + |
| Investment | $ 20 Million + |
| Royalty Income | $4 Million + |
| Business Income | $3 Million + |
| Other Income | $1 Million + |
| Taxes Paid | $70,000 + |
Rick Ross has gold reserves, luxury things, equities, and crypto investments, as shown in this breakdown. Additionally, it details his diverse income streams derived from royalties, business ventures, and other sources. The financial record also indicates the amount paid in taxes.
Earnings Highlights
| Year | Salary |
| 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 |
| 2019 | $5 million |
| 2020 | $7 million |
| Total | $90 million |
In February 2009, during a child support case, documents surfaced through rapper 50 Cent revealing Rick Ross’s financial breakdown. It contradicted the image Ross portrayed. He claimed ownership of three cars:
- 2004 Maybach valued at $55,000
- Leased 2007 Cadillac Escalade valued at $30,000
- 2006 Infinity Q56 valued at $30,000
Moreover, he claimed $45,000 in jewelry, suggesting that the jewelry displayed in his videos might have been fake or borrowed. His monthly mortgage payments were reported at $9,700, and he stated that monthly expenses exceeded his income by $7,000.
Legal documents from a child support case with his ex-girlfriend revealed that in 2020/2021, Rick Ross’s monthly income was reported at $585,000.
Overview of Rick Ross
| Full name | Rick Ross |
| Other name | William Leonard Roberts II |
| Birth date | Jan 28, 1976 |
| Birthplace | Clarksdale, Mississippi, USA |
| Nationality | United States of America |
| Age (As of 2023) | 47 years old |
| Zodiac Sign | Aquarius |
| Gender | Male |
| Ethnicity | Black |
| Religion | Christianity |
| Father | N/A |
| Mother | Tommie Roberts |
| Siblings | Sister: Tawanda Roberts |
| Marital status | Unmarried |
| Children | 3 |
| Famous For | Being an American rapper and entrepreneur |
| Eye color | Dark Brown |
| Hair color | Black |
| Height | 5’11”, 180cm |
| Weight | 113Kg, 249lbs |
| No. of Cars | 10+ |
| No. of Houses | 5 |
| Profession | Rapper, Songwriter, Actor |
| No. of Awards | 1 |
| Notable Hits | Chart-topping singles from the album include “Hustlin’” and “Push It” |
| Social Media |
Rick’s Early Life
On January 28, 1976, Rick Ross was born in Clarksdale, Mississippi, and raised in Miami, Florida, with his sister Tawanda by Tommie and William Leonard Roberts Sr. He studied at Albany State University in Georgia after graduating from Carol City Senior High School.
The 1990s rap outfit Carol City Cartel included him due to his early musical interest. Starting his career with Suave House Records as Teflon Don, he debuted in the mid-2000s on Erick Sermon’s album “Ain’t Sh** to Discuss.”
His 2006 debut studio album “Port of Miami” established his musical breakthrough as Rick Ross, a name he took from “Motorway” Rick Ross. Miami’s notorious cocaine trade was clearly shown in this record, reflecting his connections to it. The album had hits with “Hustlin'” and “Push It.”
Rick Ross Personal Life
- Family: Toie Roberts, William Roberts III, Berkeley Hermes Roberts, and Billion Leonard Roberts are Rick Ross’s proud children.
- Faith: A Christian, Ross. He told Corey “Coco Brother” Condrey on Lift Every Voice that he no longer questions God, despite his struggles. Always praying before performing, he said.
- Incident: A drive-by shooting hurt Ross and his girlfriend in Fort Lauderdale on his 37th birthday. Ross’ girlfriend and he were unharmed. As they fled the shooting, their automobile hit an apartment.
- Engagement: Lira “Galore” Mercer briefly engaged Ross in 2015.
- Controversy and Apology: In the 2017 interview, Ross was criticized for saying he didn’t sign a female rapper to avoid personal and business issues. Afterward, he apologized on Facebook for his rude words.
- Business Ventures: In 2017, Rick Ross owned many Wingstop restaurants.
- Political Aspiration: In May 2023, Ross declared his 2024 Fayetteville, Georgia, mayoral bid.
Rick Ross has had a family life, conflicts, companies, and political ambitions.
Career of Rick Ross
- Early Career: Rick Ross worked as a correctional officer from December 1995 until June 1997. He began his music career as Teflon Da Don before becoming Rick Ross in the mid-2000s. Former drug kingpin “Motorway” Rick Ross inspired this stage name.
- Musical Breakthrough: His 2006 debut single “Hustlin'” sparked a bidding war amongst music labels, launching his rap career. Gotti’s Murder Inc. and Diddy’s Bad Boy Entertainment offered him. Ross earned a lucrative agreement with Jay-Z’s Def Jam Records. In the same year, he released “Port of Miami,” which topped the Billboard 200 album list.
- Album Releases: Ross maintained his music career. In 2008, his second album, “Trilla,” debuted at number one on the Billboard 200. In 2009, he founded Maybach Music Group, which released “Deeper Than Rap” (2009), “Teflon Don” (2010), “God Forgives, I Don’t” (2012), “Mastermind,” “Hood Billionaire” (2014), “Black Market” (2015), “Rather You Than Me” (2017), “Port of Miami 2” (2019), and “Richer Than I Ever Been” (2021).
- Professional Associations: Ross was Diddy’s first Ciroc Entertainment artist. MTV crowned him the Hottest MC in 2012, boosting his fame. He also appeared on VH1’s “Snoop and Martha’s Potluck Dinner Party,” cooking with Martha Stewart.
Rick Ross is a notable music industry personality due to his musical accomplishments, profitable record company, and savvy collaborations.
Real Estate Ventures by Rick Ross
Ross bought a 10,000-square-foot waterfront house in Fort Lauderdale for $5.2 million in 2012. The luxury three-story Mediterranean mansion has eight bedrooms, 11 bathrooms, and two half-baths. The property has 150 feet of private shoreline in Seven Isles with two master bedrooms, a theatre, a game room, a complete bar, an elevator, and a pool with a bar and spa on nearly half an acre. Ross listed the property for $9.25 million in 2014 and sold it for a little over $6 million in 2016.
Atlanta house: Ross bought a 54,000-square-foot, 235-acre house near Atlanta for $5.8 million in 2014. Former boxer Evander Holyfield’s estate has 109 rooms, including 12 bedrooms and 21 baths, making it Georgia’s largest.
In October 2020, Ross bought 87 acres of land next to his suburban Atlanta mansion, bringing his total landholding to 322 acres and christening it “The Promise Land.”
Further Acquisitions: Rick Ross reportedly bought Meek Mill’s Atlanta property for $4.2 million in April 2023. In July 2023, Ross was reportedly buying a $37 million Star Island mansion in Miami.
Rick Ross’s real estate assets in Florida and Atlanta illustrate his love of luxury and vast residences.
Houses of Rick Ross
Rick Ross, known for his opulent lifestyle, owns several luxurious properties:
- Fayetteville Palace: Located in Fayetteville, Georgia, this colossal 45,000-square-foot mansion, acquired in 2014, sprawls over 235 acres. It’s a luxurious paradise, featuring a bowling alley, indoor and outdoor pools, and a private cinema.
- Fort Lauderdale Retreat: Situated in Fort Lauderdale, Florida, Ross’s estate purchased for $7.5 million in 2014 encompasses nine bedrooms, 12 bathrooms, a high-end gym, a lavish home theater, and a private dock for his watercraft.
- Davie Estate: Secured back in 2008 for $5.8 million, this 109-room mansion in Davie, Florida, boasts a massive 350,000-gallon swimming pool, a dedicated gym, and an impressive cinema room.
- Miami Beach Haven: Apart from his vast estates, Ross enjoys high-rise living with a stylish Miami Beach condo featuring three bedrooms, four bathrooms, and stunning views of the ocean.
- Fayetteville Equestrian Ranch: Ross also owns a 235-acre ranch in Fayetteville, Georgia. This equestrian marvel includes a vast 54,000-square-foot stable, tranquil lakes, and several barns.
Car Collection
Rick Ross has an incredible collection of luxury cars and motorcycles, showing his love for both old and new:
- Ross’s Rolls-Royce Ghost, with a 6.6-liter V12 engine and 563 horsepower, can reach 155 mph. Its tuxedo-inspired black-and-white paint scheme is distinctive.
- 1975 Chevrolet Impala Convertible: Ross owns a customized 1975 Impala with a 350-cubic-inch V8 engine and 24-inch wheels.
- Ferrari 488 Spider: Ross loves his scarlet 488 Spider, which he often posts on social media.
- Rolls-Royce Phantom: Renowned for its opulence, Ross’s black Rolls-Royce Phantom stands as the most luxurious car in his collection. The many customization choices boost its appeal and prestige.
Private Jet
In June 2023, Rick Ross made an announcement on Instagram about acquiring a private jet. The specific aircraft, a 2012 Gulfstream G550, was identified through its tail number. Depending on various conditions, 2012 G550s typically range from $10 million to $40 million. It’s estimated that Rick’s jet, purchased by an LLC named Maybach Air, was likely bought for approximately $19.5 million in April 2023.
Rick’s Possessions and Charity
Rick Ross owns luxury properties worldwide. His main residence is a 54,000-square-foot estate on 200 acres in Fayetteville, Georgia. Ross bought this luxurious property from Evander Holyfield for $5.8 million in 2014. He bought Meek Mill’s elegant three-story Atlanta house for $4.2 million to add to his collection. He also owns a picturesque 2.3-acre Florida resort-style villa for $3.5 million.
And if his real estate ventures weren’t lavish enough, Ross also possesses a 2012 Gulfstream G550 private jet. This luxurious jet perfectly complements his lifestyle, given the vast number of properties he owns.
However, Ross isn’t solely focused on his opulent lifestyle. He’s notably involved in giving back to his community. His philanthropic endeavors include partnering with Habitat For Humanity in 2020 to construct a house for a local veteran in Fayette County, Georgia. He also contributed $30,000 in 2023 to support a health clinic in Georgia from shutting down. In a similar charitable vein, he collaborated with Foot Locker in Miami to provide essential school supplies to children in need.
Awards
- Rick Ross has been the proud recipient of numerous accolades throughout his career. His BET Hip Hop Awards include Best Collaboration for “Diced Pineapples” with Drake and Wale in 2012, Album of the Year for “God Forgives, I Don’t” in 2013, and Hustler of the Year in 2012 and 2013.
- Ross won the 2007 and 2011 ASCAP Rhythm & Soul Awards for Top R&B/Hip-Hop Song for “Hustlin’” and “Aston Martin Music” for his music compositions.
- In 2012, Ross and Big Sean won the MTV Video Music Award for Best Hip-Hop Video for “Dance (A$$).”
- Ross won Songwriter of the Year in 2010 and Urban Song of the Year for “Hustlin’” in 2007 at the BMI R&B/Hip-Hop Awards.
- The 2012 Soul Train Music Award for Best Hip-Hop Song went to Ross’s “Diced Pineapples,” featuring Drake and Wale.
- Ross’s remarkable album “Mastermind” earned him a nomination for an NAACP Image Award in 2014 for Outstanding Album.
Rick Ross: Success Despite Legal Issues
In 2010, Rick Ross faced a legal battle when former drug kingpin “Freeway” Ricky Ross sued him over the use of his name. The case stirred attention, with Jay-Z, who was heading Def Jam at Ross’s signing, also involved. The lawsuit demanded $10 million in damages. Although the legal tussle moved to California, Ross finally closed the case in 2013, claiming victory due to the protection of the First Amendment.
Ross had further legal entanglements, including minor drug-related issues in 2011 and 2014 involving cannabis possession. He was charged with kidnapping and assault in 2015. He was fined $10,000, charged with various misdemeanors, and sentenced to five years of probation in 2017, a lenient sentence for a first-time criminal offender.
FAQs about Rick Ross Net Worth 2023
1. How much is Rick Ross worth 2023?
Rick Ross net worth is estimated at $120 million in 2023.
2. What are Rick Ross’s main revenue sources?
He makes most of his money as a rapper, composer, and record executive. He benefits from investments, commercial ventures, royalties, and other financial activities.
3. What’s helped Rick Ross’s wealth grow?
Ross’s music success has increased his riches. His multiple studio albums, Billboard chart singles, financial savvy, shrewd investments, and ownership of real estate, expensive cars, and a private plane have increased his net worth.
4. Rick Ross’s notable investments and assets?
Rick Ross has luxury watches, a stock portfolio, gold reserves, real estate in several countries, many luxury cars, boats, crypto investments, and a private jet.
5. How is Rick Ross’s property portfolio?
Ross has a 45,000-square-foot mansion in Fayetteville, Georgia, a waterfront property in Fort Lauderdale, Florida, a Miami Beach estate, and other luxurious residences and estates.
6. How is Rick Ross charitable?
Rick Ross is known for his philanthropy despite his lavish lifestyle. He has supported Habitat for Humanity, housing projects, and healthcare.
7. How has Rick Ross maintained his riches during legal issues?
Rick Ross has maintained and grown his riches through smart financial decisions, diverse assets, and a great business sense despite legal fights and conflicts over his stage identity.
8. How was Rick Ross’s rise from aspiring artist to multimillionaire described?
Rick Ross’s rise from ambitious artist to multimillionaire entrepreneur is a testament to his talent, determination, and smart business judgments. He became wealthy and famous through his singing career and business ventures.
Final Thoughts
Rick Ross, a music industry powerhouse with a $120 million net worth in 2023, From a fledgling artist to a successful mogul, his talent, business knowledge, and rap success are all evident. Ross, a lyrical genius and hip-hop pioneer, has 11 studio albums and many chart-topping singles.
Ross has invested in real estate, assets, and business enterprises in addition to music. A collection of luxury cars, various residences, and a private jet shows his appetite for excess.
Despite legal issues with his stage name, Ross has maintained his riches well, growing it over time. In addition to his musical achievements, he has actively supported community-benefiting charities.
As Rick Ross expands his musical and economic endeavors, his future seems bright. He is an influential hip-hop and business legend due to his ability to manage the entertainment industry, make smart financial decisions, and create a big effect on music.