Rick Ross is a do-it-yourself kind of person, so it does not surprise that he is hands-on in the renovation of his $35 million Miami Beach home.
The hip-hop mogul is building his empire on the coast of Miami’s coveted Star Island, where other big stars, like Shaquille O’Neal, Jennifer Lopez, and Diddy have homes.
Ross wants his latest property acquisition to ooze luxury, an aesthetic he learned early, recalling riding in his father’s humble Buick as a child and being awestruck by a luxury vehicle they passed on the street.
“When you seen that Jaguar and you’re stepping out of your Buick,” Ross told Robb Report recently, “you understood what luxury was right then. And we loved my dad’s Buick, but I understood [luxury] early and I was attracted to it early. By the time I was in third grade, I knew I wanted to be riding in leather seats. We pulled it off.”
And, today he can afford luxury. The Miami rapper has a net worth estimated at $45 million. The mansion for cost between $35 million and $37 million, as various sources cite different amounts. Now that he is stripping it down and applying his touches.
Luxury or not, Ross decided to get his hands dirty in helping renovate his Florida home. On his Instagram Story posted a video of himself wearing a hard hat, reflective jacket, and carrying a pickax as he contemplates how he will redesign his upgraded home.
He ask viewers where he should have an exotic Japanese koi fish pond or should he acquire a “$15 million” Basquiat painting. During the video he also nicknames himself “Boss the Builder.”
“They used to laugh at us,” Ross said later in the video, trading the pickax for a bottle of his own Champagne, Belaire. “This is a $50 million play. One of my largest investments,“ he says of the home.
He also said, “Instead of me paying $10,000 to an outsider, went to Home Depot and bought two new saws for $2,000. Was really only $5,000 worth of work. You take the $5,000, give that to your homies. … You still got $3,000 for ya pockets. Come on, man, you could go get Wing Stop, man.”
Hello, Miami
In July 2023, Ross reportedly purchased the mansion in Miami. According to TMZ, it is a 40,000-square-foot residence boasts six bedrooms, nine bathrooms, a summer kitchen, heated swimming pool, and an entertainment room, all overlooking the ocean. This acquisition adds to Ross’s growing real estate portfolio, which includes properties in suburban Atlanta and Miami.
Mr. Hands-on
Ross has a history of being a DIY man. In 2021, in an interview with Forbes, Ross disclosed to the magazine his preference for maintaining his own lawn at his mansion in Fayetteville, Georgia.
“When I bought the Fayetteville estate, locals would see me walk out of a restaurant and scream, ‘You know Holyfield spent $1 million a year to cut the grass.’ So I decided that I was gonna cut my own grass. And that’s what I did,” Ross said.
“I went down to John Deere and asked to see the biggest tractor, the most efficient tractor. I told them I had 200-plus acres that I wanted to keep cut, and they pointed out the right tractor,” he added. “I bought it right then and there. I bought the extended attachment on the back that would cut even wider. Once I got it back home, I filled it up with gas.”
