Master P is a name that needs no introduction. When it comes to the top 10 richest rappers in the world, Master P is always on the list. He has been in the entertainment industry as one of the most successful rappers not to mention a record producer, entrepreneur, and actor for decades. With his immense success, the rapper has been able to build an empire. That made him one of the wealthiest people in the industry. It would probably take pages to explain his success and wealth. But for now, let’s just take a quick dig at Master P net worth portfolio, including his career, and what he is up to recently.
Who is Master P?
Percy Robert Miller, best known by his stage name Master P, is an American rapper, actor, and record producer. Born on April 29, 1967, he grew up in New Orleans, Louisiana. Having formed the record label No Limit Records, Master P started his music career in the early 1990s. That became one of the most successful independent labels of the 1990s. Under his own record label, he continued to release multiple successful albums. Some of his albums include “Ice Cream Man,” “Ghetto D,” and “MP Da Last Don,” etc.
What is Master P’s net worth?
As of 2023, Master P’s net worth has been estimated to be around $200 million, making him one of the top ten richest rappers in 2023. Though his wealth comes from not just his music career but various sources. He has been a successful businessman, produces, occasional actor, and of course owner of his own record label No Limit Forever Records. Keep reading on to know all the sources behind his massive net worth.
Some quick info on Master P
| Net Worth | $200 million |
| Full Name | Percy Robert Miller |
| Date of Birth | April 29, 1967 |
| Birth Palace | New Orleans, Louisiana, United States |
| Profession | Rapper, Record produces, Actor, Entrepreneur |
| Record Label | No Limit Forever Records |
| Nationalities | American |
| Height | 6 feet 3 inches |
| Social Media | Instagram, Twitter, Facebook |
Sources and Factors Behind Master P’s Net Worth
His Music Career
Music has been one of the most significant contributors to Master P’s net worth. Starting as a rapper in the early 1990s, he got attention for his unique style of rap music. His music got popular for its gritty, streetwise lyrics as well as its innovative use of Southern beats.
During the peak of his music career in the 1990s, he was one of the highest-paid rappers in the industry. At the time, he was estimated to be earning around $50 million per year from his music, touring, and merchandise sales.
From his Debut Album to Music Record Label
His popularity grew even more in the mid-1990s when he started releasing his albums. He released his debut album, Get Away Clean, in 1991. But his music started ranking at the top list when his fourth album, titled “Ice Cream Man” came out in 1996. Following his streak, his sixth album “Ghetto D,” released in 1998. It sold over 760k copies in the USA alone, making it one of the most successful hip-hop albums of all time. And finally, he debut at no. 1 on Billboard releasing his seventh and best-selling album MP Da Last Don.
Since then, his success never stopped. He kept releasing successful singles, albums one after the other with best-selling records. Furthermore, he has been a record producer, working with various artists and producing hit songs. His music label has been home to several successful hip-hop artists.
His success in the music industry has simply allowed him to earn millions of dollars over the years. And his music label, No Limit Records still sells over 80 million records worldwide. In addition to that, he counts over 700K monthly listeners on Spotify today. That earns him about $160,000 per year.
Master P Businessman, Investment, and other Projects
While Master P is already a rich name in the industry, Mr. Ice cream man went on his new journey. According to reports, Master P’s business empire generated more than $160 million in 1998, alone. His business and investment ventures have greatly contributed to his net worth and continue to do so. Here’s a glance at his business ride and other projects he’s done so far.
Film and Television Production
Not just in rapping, Master P also showed his skills in acting, appearing in several films and TV shows. Along with acting in films and TV shows, he has produced several films through his own production company, No Limit Films. Some of the films he has produced include “I Got the Hook Up,” “Foolish,” and “Uncle P.” The reality TV show “Master P’s Family Empire.” was made under his production. The show was all about him and his family.
Clothing and Merchandise
From the beginning of his career, Miller has been involved in several clothing and merchandise businesses. In the 1990s, he launched P. Miller Designs, a clothing line that sold urban streetwear. He also launched a shoe line called P. Miller Sneakers. In addition, he even has his own jewelry and accessories collections.
Food and beverage business
Master P has also been involved in the food and beverage industry. He launched a line of snacks called Rap Snacks in the 1990s, which featured flavors named after popular rappers. Another brand that he launched was his own brand of bottled water called “Uncle P’s Louisiana Seasoned“. And again a brand of ramen noodles called “Rap Noodles.” launched in 2019. He also blend his interests in sports and food to produce “Make Em Say Ughh” energy drinks. which are now estimated to be almost $100 million.
Assets and Real estate Investment
Not leaving behind, Robert Miller also was involved in real estate investment. He used to own a $2.5 million mansion in Calabasas, California until he sold it for $3.5 million later on. He has also invested in commercial real estate, including a strip mall in Louisiana.
But his assets were on the topic when his wife filed for divorce in 2014. His ex-wife, Sonya C. Miller claimed that the rapper owns 13 cars, 45 lucrative companies, and 31 properties around the country. Ex-Mrs. Miller even claimed that Master P’s net worth was $350 million. Though there were no public clarifications of these claims. So it just only remained within the court.
Even though we can’t measure the exact amount. But he has the impressive one for sure. Through his various business and investment ventures, Master P has been able to diversify his income streams. That undoubtedly build his net worth beyond his music career.
FAQ of Master P net worth
How did Master P get so rich?
Thanks to his music career and business mind. Especially his music gets the most credit for paving the way for his sucess.
How many movies has Master P acted in?
Master P has acted in over 30 movies, including “I Got the Hook-Up” (1998), “Foolish” (1999), and “Repos” (2006).
What business ventures have Master P been involved in?
Master P has been involved in various business ventures, including his clothing line, P. Miller, his food brand, Uncle P’s, and his real estate development company, P. Miller Enterprises.
Final Thoughts of Master P net worth
Whether as a ruling rapper or a successful businessman, Master P is a shining example of how hard work can lead to success. He has achieved his dreams through his music journey, extending it to acting, and business. And Master P net worth is just the result of that. Even though he is not that active with his music recently, his other ventures are doing just fine. He’s still growing his fortune by investing in just about anything: his production house, film and TV shows, and a portfolio of properties.
