Rick Ross has an estimated net worth of $42 million.
Let’s take a look into Ricky’s life and how he made his fortunes.
His name Rick Ross is a reference to Freeway Rick Ross, one of the largest cocaine traffickers in Los Angeles in the 1980s, with whom he has no connection. The latter lodged a complaint against him, asking for $10 million for the use of his name.
Rick Ross founded the label Maybach Music Group, under which he released his last three albums, Deeper Than Rap, Teflon Don and God Forgives, I Don’t.
Rick Ross, real name William Roberts, was born on January 28, 1976. At Carol City Senior High School he played football and won a scholarship at Albany State University in Georgia. He started rapping in the mid-1990s when he formed the Carol City Cartel group.
He was once a prison guard in the 1990s, which he later concealed by constructing a rapper image close to drug traffickers. The revelation of this part of his past appeared, according to the New York Times, as “the most spectacular public implode of the image of hard to cook that a rapper could have given” since the discovery of Vanilla’s past Ice.
As of January 2009, a particularly violent conflict with 50 Cent, which led the latter to make public a pornographic video showing a former girlfriend of Rick Ross.
Rick Ross signed his first contract with a major label in 2002 at Slip-N-Slide Records, a subsidiary of Def Jam Recordings. His first album, Port of Miami, was released on August 8, 2006. The single “Hustlin” peaked at 54th spot on Billboard, later got a platinum record and the album was Gold certified.
A compilation of the album’s unreleased tracks was released on September 18, 2007 under the title Rise To Power, which was distributed by the label Suave House, which was the first label to be signed by Rick Ross, but who lacked the means to distribute his first album.
His second album, entitled Trilla in reference to Michael Jackson’s Thriller, was released on March 11, 2008. Speedin featuring with R. Kelly was the first single of the album. The Boss featuring T-Pain was the second single.
His third solo album Deeper Than Rap was released on April 21, 2009.
In October 2009, Rick Ross was ranked 5th best rapper of the year by MTV on “Hottest MC”, behind Jay-z who comes first, followed by Lil Wayne, Drake and then Kanye West.
In July 2010, Rick Ross released his fourth studio album, Teflon Don, hoping to be number 1, he was crushed by the sales of Eminem’s album which prevented him from reaching first place. The album was generally well received by music critics.
Rick Ross was shot in Fort Lauderdale, Florida on Monday, January 28th. US rap superstar William Roberts was in a Rolls Royce on Las Olas Boulevard when an individual – in another vehicle – opened fire. Shortly thereafter, Rick Ross’ car was embedded in a building, the driver taking a turn to avoid bullets and lost control. Ross and his girlfriend, stylist Shateria Moragnel were not hurt. Several sources reported by NBC News report the presence of a dozen cartridges on the scene.
Ross just released his new album Rather You Than Me today. The album’s standout track is definitely “Idols Become Rivals” where Ross takes shots at Birdman and shares his disgust with how the Cash Money CEO has been treating his artists. The song is actually really good and sounds like Ross is actually expressing some true emotions on it. The album sounds a lot better than his lat one and should put him back on the map.
Although Ross made millions in the music industry through album sales, touring and merchandise, most of his fortune came from a different investment. He’s the proud owner of nine Wingstop franchises around the country, mostly in the southeast. This investment has made him one of Hip-Hop’s Cash Kings for the sixth year in a row.
Ross rakes in an estimated $7 million annually from his Wingstop locations and his touring revenue which led to his major $42 million and growing net worth.