Rick Ross Reveals The Business Advice His Mother Gave Him When He Became A Millionaire

Rick Ross was inspired to pursue business, following his mother’s entrepreneurial footsteps.

The Mississippi-born rapper shot to fame with his 2006 breakout hit “Hustlin,” which led to him signing his first major record deal with JAY-Z at Def Jam, notes HipHopDX.

Rick Ross Reveals The Business Advice His Mother Gave Him When He Became A  Millionaire - AfroTech

“JAY-Z, I remember we went to eat after a game, and he was playing Rick Ross…‘Everyday I’m Hustlin,’” Former NBA player Jamal Crawford told Ross while they appeared on the “All The Smoke” podcast. “And Jay was mesmerized by the song. He was like, ‘Whip it, whip it real hard!’ He kept saying that part, he loved it.”

Rick Ross became an overnight success and began prioritizing real estate as he accumulated his fortune, which is reportedly an estimated $150 million net worth today. According to Celebrity Net Worth, this encompasses $90 million earned from albums and singles, revenue from his record label Maybach Music Group (established in 2009), and other ventures.

His decision to enter real estate dates back to his conversation with his mother, who worked several jobs while remaining a registered nurse.

Rick Ross Talks Hood Billionaire, Jay Z, Standards in His Music - YouTube

“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,” Ross told Forbes in a 2021 interview. “She came from Clarksdale, where the real estate was a lot cheaper. She would just keep buying houses. 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.’”