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Highlights

• Rick Ross has been making an investment a significant portion of his net worth in real estate.
• His real estate investments include a waterfront mansion in Fort Lauderdale.
• Ross's real estate portfolio continues to expand impulsively.

Rick Ross has been making waves within the music industry for well over a decade, beguiling audiences with hits like ‘Stay Schemin,’ ‘Hustlin,’ and ‘Aston Martin Music.’ With a slew of chart-topping albums, a a success report label, and an array of selection investments beneath his belt, Ross now ranks among the highest-paid rappers on the earth, earning upwards of $90 million since 2007, and boasting of an outstanding net worth of $150 million.

While impressive, Ross’ estimated net worth doesn’t account for his impressive real estate portfolio, which has been expanding considerably since he attained millionaire status. After years of obtaining selection houses in several exclusive locales around the country, the ‘Hustlin’ rapper now boasts a substantial portfolio, doubtlessly pushing his net worth well past its estimated $150 million.

Rick Ross Has Invested A Significant Chunk Of His Net Worth In Real Estate

Rick Ross has been making strategic moves within the real estate recreation for neatly over a decade, purchasing more than one prime properties in unique locales around the country.

In 2012, the ‘Hustlin’ rapper made headlines when he received a surprising three-story, 10,000 square foot waterfront mansion in Fort Lauderdale, Florida for $5.2 million, which he later flipped for a cool $6 million.

But his extravagant real estate investments didn’t end there. In 2014, he made headlines all over again when he bought Evander Holyfield's sprawling Fayetteville estate, which boasts a jaw-dropping 54,000 square ft of dwelling house partitioned into $one hundred ninety rooms, for a hefty $5.Eight million.

Not one to settle, Ross expanded the estate additional through buying an adjoining 87-acres for $1 million, bringing the estate to a grand overall of 322 acres. The sprawling estate has proved rather profitable for Ross through the years. According to Forbes, the estate was once rented out for a whopping $2.Five million to serve as the Zamunda palace in Eddie Murphy’s 2021 sequel, Coming 2 America.

Ross had in the past bought a $1 million property two blocks away from the sprawling Fayetteville estate in order that he may just have a look at it every time he drove through. “I purchased a million-dollar home perhaps two mins from right here that I still personal that’s proper around the nook in order that I can journey by it each day whilst I’m in Atlanta, and that’s what the play used to be,” he shared right through an appearance on REVOLT’s Assets Over Liabilities.

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In April 2023, the rapper expanded his Atlanta real estate empire via buying a mansion in Buckhead from fellow rapper Meek Mill for $4.2 million. Just two weeks later, he sealed but every other maintain Meek, this time for $1 million.

Rick Ross’ Real Estate Portfolio Has Been Expanding At An Alarming Pace

Having conquered Atlanta's real estate marketplace, Rick Ross set his points of interest on Miami, obtaining but some other sprawling estate within the super-exclusive Star Island gated community in Miami, Florida.

“Star Island is the ultimate goal in Miami. It’s so exclusive. There’s best more or less 30 homes,” ONE Sotheby’s International Realty’s Kimberly Knausz, who labored intently with Ross’s sister Tawanda Roberts to broker the deal, advised Architectural Digest. “It’s a big accomplishment for [Ross], as anyone who grew up in Miami.”

The unique waterfront mega-mansion, which Ross acquired for a whopping $35 million in August 2023, sits on a 40,000-square-foot pristinely manicured lot and boasts six bedrooms, an workplace, eight and a part baths, and 100 toes of waterfront.

“He instantly fell in love with the grand entry — it has an excessively lengthy driveway stretching against the mansion that creates an air of real luxurious," Knaus shared with People. "The structure also performed a part, because it’s far beyond the peculiar modern house, and he plans to fortify it to replicate his personal taste.”

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The shocking house also features a plethora of unique facilities, together with an entertainment room/bar, personal eating, a chef's kitchen fitted with among the best appliances, a heated pool, a summer time kitchen, and a 40-foot dock.

The assets, which Ross described as "a major piece to the puzzle" in increasing his already huge real-estate portfolio, additionally neighbors a number of different choice homes owned through A-listers like Diddy, Gloria Estefan, Jennifer Lopez, and Lisa Hochstein.

Why Does Rick Ross Own So Much Real Estate?

With a staggering $one hundred fifty million net worth, Rick Ross may funnel his money into an array of lucrative investments and acquire nearly any luxurious below the solar. So, why real estate? Well, it sounds as if that the rapper evolved a choice for tangible investments pretty early on.

Speaking to Forbes in 2021, the rapper admitted that it used to be his mother who first offered him to real estate investments.

"When I became a young millionaire for the first time, I went to my mother because she had always been a registered nurse and worked two and three jobs. She always bought real estate. She came from Clarksdale, where the real estate was a lot cheaper. She would just keep buying houses,” he said.

“And I would say, 'Mom, what do you think about the stock market?' And she would say, 'Son, I don't really rock with the stock market. I don't know much about it, but I know about real estate… So when you buy something, make sure you can touch it.'"

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Aside from heeding his mother’s recommendation, Ross also invests heavily in real estate for inspiration. “I'm not about throwing money away, but it is important that people benefit from the fruits of your exertions and keep ahead of the curve,” he shared with Forbes in 2021. “With 17 partnerships, you may marvel how I do that. But I ensure that I'm surrounded via love and inspiration and motivation. Through the window I'm looking out of presently in the Southwest Ranches, I will be able to see my red-on-red 458 Ferrari, and it's inspiring.”

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