Rick Ross is one of the rappers that remade themselves as entrepreneurs and achieved enormous success. With $11.5 million at the peak of his career, he made the Forbes list of Hip-Hop Cash Kings in 2017. Today’s rapper is more than just a musician. He is also a successful businessman, investor, and real estate expert.
Rick Ross has successfully built a variety of firms as an entrepreneur. In 2009, he elevated his status as a musician by establishing the Maybach Music Group, which discovered other artists, like Masspike Miles. Gunplay (born Richard Morales) from Miami, Ma Torch (born Kevin Belnavis) from the Bronx, Young Breed, and reggae musician Magazeen were also signed to the label.
In addition to Maybach Music Group, “Rozay,” as he is known among his pals, owns a Wingstop franchise. As of 2019, he had opened 28 Wingstop locations. Rick Ross is a cannabis investor as well. During the pandemic, he collaborated with Cookies, an international cannabis brand, to release three carefully picked marijuana strains.
According to Forbes, he also committed $1 million to become an equity partner, advisor, and spokesperson for Florida-based healthcare startup Jetdoc. He is also a real estate investor.
Rick Ross now wants to teach others how to be entrepreneurs and help them attain huge success. In this regard, the Miami rapper is asking entrepreneurs who seek advise on how to build their businesses to visit him rather than participating on “Shark Tank,” an entrepreneurial show in which judges who are investors might buy a stake in a business they find attractive.
“For anybody thinking of going to ‘Shark Tank,’ stop. You come see the boss first,” the rapper reportedly said on his Instagram Story. “I’ll buy your ideas. I’ll buy your LLCs. You from the hood? I’ll buy your food stamp card. Big business, boss business.”