Rick Ross is one of the rappers who have reinvented themselves as entrepreneurs and have gone on to achieve massive success. At the peak of his career, he made it to the Forbes list of Hip-Hop Cash Kings in 2017 with $11.5 million. Today, the rapper is more than a musician. He is also a businessman, investor, and real estate guru.
As an entrepreneur, Rick Ross has successfully established a number of businesses. In 2009, he took his position as a musician to a new height by founding the Maybach Music Group, which has discovered several artists, including Masspike Miles. The label also signed Gunplay (born Richard Morales) from Miami, Ma Torch (born Kevin Belnavis) from the Bronx, and Young Breed, as well as reggae artist, Magazeen.
In addition to Maybach Music Group, “Rozay,” as he is called by his friends, is a franchise owner of Wingstop. As of 2019, he opened 28 Wingstop restaurants. Rick Ross is also a cannabis investor. During the pandemic, he partnered with Cookies, an international cannabis brand, to launch three specially curated pot strains.
According to Forbes, he also invested $1 million to sign on as an equity partner, advisor, and spokesperson for Florida-based startup Jetdoc, a telehealth company. In addition, he is a real estate investor.
Rick Ross now wants to pass on his entrepreneurial skills to others and help them achieve massive success. In this regard, the Miami rapper is inviting entrepreneurs who want advice on how to grow their business to see him, instead of appearing on “Shark Tank”, an entrepreneurial show that allows judges who are investors to buy a stake in a business they find interesting.
“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.”