William Leonard Roberts II or better professionally as Rick Ross is an American rapper, song writer and entrepreneur as well as producer and record executive. Reportedly, Rick Ross became one of the highest-paid rappers in the world.
Considering a lot of professions that Rick Ross has, of course, many fans really wonder about his net worth that he earned through his multiple professions in entertainment. Aside from that, there are several sources reporting that he’s one of the richest rappers worldwide. So, let’s Rick Ross’ net worth below!
What Is Rick Ross’s Net Worth?
As of 2021, Rick Ross’s net worth is approximately $40 million. Well, his total earnings reach $85 million. Ross has sold millions of albums and tens of millions of singles worldwide during his career to date. He also has been one of the 10 highest-paid rappers in the world at various times in his career.
Here’s for a list of Ross’ salary year to 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
- 2019 – $5 million
- Total: $83 million
How Does Rick Ross Spend Money?
Ross mostly spends his money on real estate. He bought a 10,000 square foot waterfront mansion in Fort Lauderdale, Florida for $5.2 million in 2012. This Mediterranean-style home totally has 8 bedrooms, 11 bathrooms and two half-baths. It also has a theater, a game room, two master suites, an elevator, a full bar and a pool with a spa and bar.
His property has 150 feet of private waterfront in the Seven Isles community in Fort Lauderdale. However, in 2014, Ross put his home on the market for $9.25 million and sold it for a bit over $6 million in 2016.
In 2014, Ross also spent $5.8 million for a 54,000-square-foot, 109-room mansion outside Atlanta on 235 acres. Well, this home is trusted to be the largest home in Georgia where it has 12 bedrooms and 21 bathrooms.
Ross Plunked down $1 million to purchase an additional 87-acres of land near his suburban Atlanta mansion by October 2020. It brings his total acreage to 322.
Rick Ross’ Career
From December 1995 until his resignation in June 1997, Ross ever worked as a correctional officer for 18 months. For his early career, Rick Ross made his debut under the pseudonym Teflon Da Don. In the mid-2000s, he then changed his name to Rick Ross which was inspired by the former drug kingpin ‘Freeway’ Rick Ross.
In 2006, Ross eventually released his debut single ‘Hustlin’ and became the subject of a bidding war. Ross got offers from Diddy’s Bad Boy Entertainment and Irv Gotti’s Murder Inc. He finally ended up to sign a multimillion-dollar deal with Jay-Z’s Def Jam Records.
Ross then released his debut album ‘Port of Miami’ later that year which debuted at #1 on the Billboard 200 album chart. His second album ‘Trilla’ was released in 2008 which also debuted at #1 on the Billboard 200 album chart.
In 2009, Ross founded the record label Maybach Music Group. His studio albums are:
- 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)
Ross was also known as the first artist who signed to Diddy’s management company Ciroc Entertainment. Then, MTV named Ross as the Hottest MC in the game in early 2012. He also appeared on VH1’s popular show Snoop and Martha’s Potluck Dinner Party.
Rick Ross’ Life
Rick Ross was born on January 28, 1976 in Clarkshade, Mississippi. He grew up in Carol City, Florida. Ross graduated from Miami Carol City Senior High School and then enrolled at the historically black college Albany State University on a football scholarship. Ross is a Christian where he always prays every time he performs.
He has four children: Billion Leonard Roberts, Berkeley Hermes Roberts, William Roberts III, and Toie Roberts,
Ross has been arrested for drugs and guns and also confronted lawsuits from various other people in the music industry, meaning he had trouble with the law in a traditional sense. By January 2008, he was arrested for gun and marijuana charges issues.
As of August 2008, DJ Vlad, a YouTube entertainer, filed a lawsuit against Ross for assault and battery. He claimed that Ross arranged an ambush on him at the 2008 Ozone Awards in Houston, Texas as asking some questions about his past as a correctional officer.
By June 2010, ‘Freeway’ Ricky Ross filed a lawsuit against Ross for using his name, sued a copyright infringement lawsuit in a California federal court. Well, the court rules won over rapper Rick Ross, allowing him to use the name under the First Amendment decision on December 30, 2013.
Aside from that, there was a copy of Rick Ross’ financial breakdown which was obtained during a child support case found in February 2009. Those documents revealed that Ross’ tru financial status was far from the image he liked to portray at that time.
Initially, Ross claimed that he had three cars including a leased 2007 Cadillac Escalade worth $30,000, A 2004 Maybach worth $55,000, and a 2006 Infinity Q56 worth $30,000. He further stated that he owned $45,00 worth of jewelry, meaning that all the jewelry he wore on his videos and on TV are fake or borrowed.
Ross eventually claimed each month he actually spent $ 7,000 more than he earned, his monthly mortgage payments alone total $ 9,700.
Okay, those are information about Rick Ross’ net worth, how he spent his money, his career journey, his life and his controversy. Therefore, Ross is now popular as the highest-paid rapper which makes it one of the richest rappers worldwide. Considering his career in the music is still fresh and relatively new. Of course, there’s no doubt if Ross’ career will increase in the near future.