Master P Net Worth: How Much Money Entrepreneur Master P Has?

By David Mudd On May 30, 2022

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Master P Net Worth

Master P is a rap mogul, entrepreneur, and film producer from the United States. His current net worth is estimated to be $200 million. Master P was widely regarded as one of the most successful individuals in the hip-hop industry in the late 1990s and early 2000s. To this day, he is one of the most successful business people and rappers in the whole globe.

Master P Early Life

Percy Miller was given the name Master P on April 29, 1970, and he was born in New Orleans, Louisiana. Although New Orleans is known for its music, it is possible that it is not the sort of music that he would go on to compose.

He spent his formative years in the city’s Calliope Housing Projects. He was one of four children in his family, including two brothers named Vyshonne and Corey who would later become prominent rap artists under the aliases Silkk The Shocker and C-Murder. He was the youngest of the four children.

The family spent their formative years in the Calliope Projects, which are well recognised as being among the most dangerous neighbourhoods in the city.

After his parents divorced, he split his time between visiting his father’s family in New Orleans and his mother’s family in Richmond, California. His father’s family was from Louisiana, while his mother’s family was from California.

When he was a student at Booker T. Washington High School and Warren Easton High School, he was a dedicated basketball player, and as a result, he was awarded a scholarship to play basketball at the University of Houston. However, this only lasted for a brief period of time, and after his freshman year, he decided to enrol in the business programme at Merrit Junior College in Oakland, California.

Master P Career

Because Master P has worked in so many different fields, it is difficult to choose just two or three of his accomplishments to highlight. His wealth is the result of several varied streams of income, including as his job as a rapper, an entrepreneur, and even an actor on occasion. These activities have contributed to the accumulation of his net worth.

After the passing of his grandpa, he came into an inheritance of $10,000 while he was still residing in Oakland. He used the funds to establish a record shop, which he named No Limit Records. After gaining an understanding of the musical preferences of his clientele, he made the decision in 1990 to develop the store into a record company.

His very first release was an EP in 1990 called “Mind of a Psychopath,” which was exclusively available on tape. This was published under the moniker The Real Untouchables, which is sometimes reduced to just TRU. The Real Untouchables is a supergroup that include two of his brothers. In the same year, Kevin, Master P’s other brother, was gunned down in New Orleans.

Since the release of his debut album, Get Away Clean, in 1991, Master P has continued to compose and release music on a consistent basis. His reputation in the underground gangsta rap scene increased as a result of the publication of a few additional solo albums as well as collaborations with TRU.

In 1995, he made the decision to relocate the record label to New Orleans, which is where he remained to continue building his business. Since then, he has released a number of albums, each of which has had a different level of popularity.

Mr. Ice Cream Man and Ghetto D are two of the most well-known albums that were published during this time period. Ghetto D is notable since it is the album that has the rapper’s most famous track, “Make ‘Em Say Uhh! Ghetto D was certified triple platinum after its first week of release, which saw it sell more than 260,000 copies.

In 1998, the critically acclaimed CD MP Da Last Don was made available for purchase. Even more quickly than Ghetto D, the song sold over 400,000 copies in its first week, propelling it to the top spot on the Billboard charts in its very first week of release. In the same year as the album’s release, Master P also produced a film to complement the project. Game Face was the eighth studio album that Master P released in the year 2001.

In 2004, he came out with his eleventh studio album. In 2005, Master P and his son Lil Romeo established the independent record company Guttar Music and simultaneously released an album that was devoted to the people who had lost their lives as a result of Hurricane Katrina. 2007 saw the debut of their joint studio album, which went on to sell 32,000 copies around the globe.

After that, Master P worked with other artists, recorded music, went on tour, and continued to release mixtapes on a yearly basis. The month of January 2017 saw the release of his sixth mixtape produced in collaboration with his group No Limit Boys titled We All We Got.

Master P Other Pursuits

Master P established a vastly diverse business empire in the late 1990s. This empire consisted of a number of rap record labels, a clothing line, a management company, a high-end travel agency, a film production company, a video game company, and even a phone sex line. In addition, Master P owned a high-end travel agency.

Despite the fact that he is involved in a wide variety of business ventures, the one that has brought him the most notoriety and, most likely, the greatest amount of financial success is No Limit Records. This is a groundbreaking record label that popularised the Southern rap sound and has sold more than 80 million records around the world. Master P’s commercial empire brought in more over $160 million in revenue in 1998 on its own. His debut book, titled “Guaranteed Success,” was published by Master P in the year 2007.

Master P has also seen a great deal of success in the business world, particularly in the role of entrepreneur and chief executive officer of No Limit Entertainment. The indie record label No Limit is often considered to be among the most successful of all time.

In addition to the rap albums he’s released, Master P has also found some measure of success in the acting world. Since 1997, he has been in a number of films, both those with theatrical releases and those that went direct to DVD. In 1999, he also participated briefly in World Championship Wrestling for a short time. Dancing with the Stars included him as a competitor who danced with Ashly DelGrosso as his partner. He was the contestant who received the lowest score ever recorded on the show and was removed in Week 4.

In the field of acting, he is best known for his role on the Nickelodeon children’s sitcom “Romeo!,” in which he featured as the father of the eponymous character and was considered to be the show’s breakout star.

This was particularly appropriate when taking into consideration that Romeo was portrayed by P’s actual son, the artist Lil Romeo. In 2015, it was revealed that Master P and his family will be the main cast members of their very own reality programme, titled Master P’s Family Empire. The programme was shown on Reelz for a single season, which consisted of a total of 10 episodes.

Master P Accolades

In 1999, the American Music Awards presented Master P with the trophy for Favorite Rap/Hip Hop Artist. In 2005, he was included at number 36 on the list of the 50 Greatest Hip Hop Artists that was compiled by VH1. On the list of the 100 Greatest Hip Hop Songs that was compiled by VH1, “Make Em Say Uhh!” by Master P was placed in the 94th spot.

BET has placed him at number 28 on its list of the rap artists that have had the most impact over the history of the genre. In addition to this, BET listed him as one of the 25 most influential people in the black music industry. In July of 2013, Master P was honoured with induction into the Louisiana Music Hall of Fame, becoming the first hip hop musician to receive this honour.

Master P Personal Life

During the year 1989, Master P wed Sonya Miller. They are parents of seven children as a couple. In her petition for divorce from the rapper, which Miller filed in 2014, she stated that he was the owner of 31 residences around the country, 13 automobiles, and 45 profitable enterprises.

She went on to assert that according to the company’s own audit, No Limit Records was worth a total of $136 million, and that Master P was personally worth a total of $350 million when his empire was at its height. She wanted forty percent of his assets in return for her help. In the end, the divorce was finalised in 2014 with terms that were not disclosed.

Through the work he does with his own organisations, the P Miller Youth Centers and the P Miller Food Foundation for the Homeless, Master P gives his time and energy to areas who are not receiving adequate support. In Memphis, Tennessee, in July of 2005, he was honoured with the presentation of the key to the city.

In 2007, Master P began to take an active role in the political arena and publicly encouraged people to use their right to vote. Master P was an early backer of the candidacy of Barack Obama for senator of Illinois, and he subsequently supported Barack Obama’s bid for the president as well.

In April of 2010, Congress member Maxine Waters presented Master P and his son Lil’ Romeo with a Certificate of Special Recognition for their work in the community. Late in the year 2010, the father and son team played hosts to an anti-obesity event that also featured Michelle Obama.