Rick Ross Net Worth: Making Lucrative Moves in Real Estate, Cannabis, Restaurants, Health Care, and More. How Rich Is the Richest Rapper?
Let me guess: You were listening to Rick Ross’s “Hustlin’” and suddenly wondered: “How rich could that man be?” That’s a good question; you came to the right place for the answer.
I’ll cover Rick Ross’s net worth, earnings, investments, and business endeavors to show you how rich he is.
What Are Rick Ross’s Revenue Channels?
If you want to know Rick Ross’s net worth, you need to know his sources of income first.
1. Music Records
You probably already know Rick Ross is one of the biggest names in the rap scene today. He’s released 11 studio albums and collaborated with the most influential musicians in the world, including Usher, Drake, and Kanye West.
Many of his songs earned the platinum and gold certification. That should give you an idea of how financially successful he is.
Ross has been making commercially successful music since he debuted. So, it’s no wonder he’s one of the highest-paying rappers in the music industry today.
How high pay am I talking about? Well, in 2007, his music earned him $2 million. In 2009, he hit $6 million. Fast forward to 2017, and Ross is making $11 million.
Of course, his salary kept increasing exponentially throughout the years, but that might be his least surprising accomplishment. You’ll know what I mean by the end of that post.
2. Music Tours
Music records aren’t the only way artists make money, but you already know that, don’t you? I bet you already went to one of Ross’s iconic tours.
The famous rapper has gone on numerous high-grossing tours, selling out countless concerts. Net public information exists on how much Ross has made from these tours.
However, it’s safe to say it’s within the millions, so they’ve contributed significantly to his wealth.
That’s not surprising, though. Besides the excellent music, Ross’s energetic performance and thrilling personality are enough to lure anyone to these tours.
3. Endorsements and Sponsorships
Ross is a famous rapper with millions of followers. So, of course, he’ll get lucrative sponsorships and endorsement deals.
He’s partnered with premium brands like Reebok, Belaire Rose Champagne, Bumbu, Checkers, and Luc Belaire.
Unfortunately, that Reebok deal didn’t last long, as the company canceled the endorsement because of Ross’s inappropriate lyrics in “U. O.E.N.O.”
The rapper seems to have lost $3.5-5 million from that cancellation. Do you see how much money I’m talking about here? Ross isn’t playing around.
Although they’re not his primary source of income, sponsorships have allowed Rozay to add a few million to his fortune.
4. Business Ventures
With that much fame and money, it was only a matter of time before someone like Ross started investing his money. The rapper has shown a keen eye for successful business ventures that generate a hefty income.
Rozay is such a successful businessman that Georgia State’s College offers a course that teaches how he goes about his business.
1. Wingstop
If you don’t know, Wingstop is a franchise specializing in chicken wings. When Rozay tasted their Lemon Pepper Wings, he knew he had to invest in these restaurants.
So, in 2011, he bought his first franchise. Now, he owns 30 all over the United States. He even bought one and gave it to his son as a birthday gift. Talk about a financial flex.
As you might have guessed, Ross’s Wingstop investments have proven profitable. In 2021, AFROTECH reported that each franchise brings him $200,000 annually.
Now and then, Ross would visit one of the branches and interact with the fans there to create an authentic connection with them.
2. Checkers
Ross invested in Wingstop because he was impressed by the quality of the food. However, he didn’t have the same emotional connection he had with the Checkers chain.
He worked at a car wash as a young kid, making $30 a day. He would always finish his shift and eat at Checkers. So, you might say that investing in that chain was his childhood dream.
3. RICH by Rick Ross
I’m not describing Ross. RICH is a collection of products that include moisture shampoo, beard oil, and hair conditioner, which the rapper launched in 2018.
He wanted to offer men a luxurious line at an affordable price. So, if you treat your hair, maybe see what Rozay offers.
4. Hemp Hop Smokables
This one might need some context to make sense. You see, Ross has had a few health issues throughout the years. I’m talking about seizures, weight loss, and sleep deprivation.
That health scare made him believe in the healing abilities of hemp-derived products. So, he collaborated with Hempacco and launched Hemp Hop Smokables.
The rapper claims these are the healthiest rollups on the market. Not only do they offer health benefits, but they also come in various flavors.
Whether you prefer cookie & cream or strawberry, Hemp Hop Smokables have got you covered.
5. NFTs
Yes, Rozay decided to go there. Although NFTs don’t have the best reputation, the rapper collaborated with HitPiece and launched 200 tokens.
These tokens grant their owners access to Rozay’s world inside the Metaverse, “Boss Land.” You get an immersive tour inside what Ross calls the Promise Land.
How wild is that land? Well, I think a pool full of champagne is pretty wild.
It doesn’t stop here, though. These NFTs come with a signed copy of one of Ross’s books.
The more premium NFTs allow their owner to have a Facetime session with Ross once a year. If you’re a big fan, these NFTs might be worth it.
5. T.V. Appearances
You know how it goes. Musicians become famous, so directors and producers ask them to hit the big screens. You might have seen Ross in “Days of Wasting Light,” “Magic City,” and “Empire.”
He may not look like it, but Ross is a solid actor. Don’t believe me? You can watch his performance in season two, episode nine of “The Equalizer.”
Ross played an imprisoned rapper who wants to atone for his mistakes. Sure, it was only one episode, but his emotional performance captivated the audience.
The rapper’s ability to play different roles allowed him to add another income channel to his arsenal.
1. Merchandise
Let’s face it; you saw this one coming. Of course, a clever businessman like Ross would use his brand’s fame to expand his empire into merchandise.
Offering hats, shirts, bags, and action figures, Rozay has allowed his fans to own a part of his brand, deepening their connection.
2. Real Estate Investments
Besides merchandise and sponsorships, Rick Ross has made a few impressive real estate investments. In 2014, he bought a stunning 45,000-square-foot house in Georgia for $5.8 million.
Rumor is that the house is worth much more today. So, if Rozay decides to sell it, he’ll make a decent profit. If you think that’s impressive, wait until you see his new $37-million mansion on Star Island. When it comes to lavish spending, Ross doesn’t mess around.
Rick Ross’s Net Worth
Rick Ross has a net worth of $150 million, which isn’t surprising, given that he’s a successful musician who knows how to invest his money wisely.
Wrapping Up
Rick Ross’s net worth ultimately results from his musical and business talents. It’s rare to see a man who can go that far in different fields, but Rick Ros has always been full of surprises.
