If you are a hip-hop lover, you must know Master P. The American rapper is one of the earliest artists to explore the potential of entrepreneurship. This has helped him to break the chains of poverty. His life story goes from rags to riches. As of now, he has released 15 studio albums in total. He became a sensation in the mid-90s with his fifth album, Ice Cream Man.
He is famous for his music and marketing strategies. The 52-year-old rapper owns multiple businesses. He is also the owner and CEO of No Limit Forever Records. It is a music label that started as a recording studio. You must be excited to know how much wealth the rapper amassed in these years. What his net worth is? Let us tell you the answer.
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Master P: Bio, Musical Career and Personal Life
Percy Robert Miller (Master P) was born on 29th April 1970 in Louisiana, U.S. Louisiana is the birthplace of various genres of music and talented artists including Britney Spears and Lil Wayne. Master P is also popular with names such as The Colonel, The Ice Cream Man and The Ghetto Bill. He is the elder brother of C-Murder and Silkk the Shocker. Both of them are platinum-selling artists.
Robert Miller was also a professional basketball player. His athletic skills helped him to grab a scholarship to the University of Houston. But he dropped out of college to pursue business studies. His breakthrough moment came after the death of his grandfather. He used the inherited money to set up a recording studio in California. It was then known as No Limit Records And Tapes.
Right from his parents’ divorce to his brother’s (Kevin Miller) murder, Master P went through a lot in his early days. Master P’s debut album came in February 1991. But luck favored him when he returned to his hometown. His album, Ice Cream Man, got record sales and earned the number 6 spot on Billboard. Miller’s next two albums, Ghetto D (1997) and MP Da Last Don (1998) were also massive hits.
Besides being a singer and a songwriter, he is also an actor. Miller appeared in various films, TV shows and documentaries. Master P was married to Sonya Miller. But the couple parted ways in 2010. This was after 21 years of their marriage.
His wife demanded forty per cent of his assets. However, they settled the issue privately. In 2022, the rap icon became officially single by the court of law. Robert Miller is the first hip-hop artist in the Louisiana Hall of Fame. Black Entertainment Television included him in the list of Most Influential Rappers Of All Time.
The American Music Awards declared him the favorite rap artist in 2001. He is also one the greatest hip hop artists by VH1. Master P is a great human too. He is actively involved in philanthropy through P. Miller Youth Centers and P. Miller Food Foundation. He also donated a huge sum of money to the school he attended.
Master P Net Worth In 2023: Revealed
Master P’s net worth is $210 Million with an annual income of more than $20 Million. His monthly salary is more than $2 Million. The multi-millionaire rapper has houses in LA, Manhattan, New York and Beverly Hills. He is also a car lover. His collection has numerous luxury cars. Let’s take a look at his business journey to know how he became filthy rich.
His major earnings came from his music label. He invested this money into real estate, a travel agency, stocks, a clothing line, production, fast food chain, a jewelry outlet, a gas station and numerous other profitable ventures. He also owns a sports management agency. His beverage is named after his song, Make ‘Em Say Ughh!
Master P is indeed a smart investor. His entrepreneurial journey inspired other rappers to develop multiple sources of income. In his book, Guaranteed Success, Master P talked of his life lessons and financial knowledge. He used guerrilla marketing to sell his albums.
Also, he offered more than 15 songs per album. His branding moves of putting the label above the artists and presenting rappers as comic book characters worked miracles for him. Currently, the rap mogul is busy managing his son’s (Romeo Miller) career.
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