Hip-hop multi-millionaire Rick Ross has already made his New Year’s resolution. He recently declared to his social media followers that he will achieve billionaire status by the end of 2024.
On Nov. 7, he announced his ambitious goal.
“We racing to a billion, n–, I’mma year away. I’mma year away. Let’s go, baby,” said the Southern rapper in an Instagram Stories that was clipped and shared by HipHopDX.
Ross, whose full name is William Leonard Roberts II, reportedly has a net worth of $45 million. So it would seem he may still have a considerable journey ahead before reaching billionaire status.
If Ross were to achieve billionaire status, he would be the fourth rapper to do so, following Jay-Z, Kanye West, and Diddy.
Spending Habits
Based on Ross’ recent purchases, Ross seems to be spending like a billionaire.
As Finurah previously reported, the rapper claimed that he “[spent] $100 million. I spent that in the last, s–t, six months,” and still considered himself to be frugal about his expenses.
Forbes reported on Oct. 6 that Ross spent $35 million on a mansion on Miami Beach’s Star Island, and invested $35 million in a black and gold private jet — though the rapper claimed on an Instagram Stories video the private jet is worth $5 billion, HipHopDx reported.
Ross’s Assets
The rapper owns approximately 30 Wingstop locations as a franchisee through his company, Boss Wings Enterprises LLC, co-owned with his mother, Tommie Roberts, and sister, Tawanda Roberts.
Furthermore, he boasts a fleet of 100 cars, promptly showcased at his car shows.
His music has also earned Ross millions. In 2013, Forbes reported that Ross earned $6 million following the release of his fifth studio album. This album, “God Forgives, I Don’t,” which dropped on July 30, 2012, had already received gold certification from the RIAA by that time.
But Ross’ 2021 album, “Richer than I Ever Been,” stands as one of his lowest-selling and lowest-charting albums to date, according to HipHopDX. The album, initially slow in sales and streaming, faced ridicule in hip-hop circles.
Following the Nov. 10 release of the “Too Good to Be True” album with Meek Mill, Ross was projected to move an estimated 30,000 – 35,000 units in its first week, falling below some fans’ expectations, as reported by HipHopDX.
